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Source: Live Mint NEW DELHI : The festive season brings joy and an inclination to start new things. People love to make new purchases or start fresh investments around Diwali. Companies understand this well and offer plentiful discounts. Banks, too, are not far behind. They come out with festive offers on loans and fixed deposits…
Source: Live Mint Before you invest in a fixed deposit, it is vital to compare the deposit rates offered by different banks. Here we list out the interest rates offered by different banks in both private and public sector. Meanwhile, it is important to note that depositors tend to opt for a financial institution with…
Source: Live Mint After keeping the benchmark interest rate unchanged for ten consecutive meets, Reserve Bank of India (RBI) is expected to cut the repo rate in the next monetary policy committee (MPC) meet scheduled in December. It is, therefore, recommended to lock your savings in fixed deposits (FDs) for as long as possible, argue…
Source: Live Mint If you are looking forward to a wedding, it is vital to first arrange the funds for it. There are a number of ways to do it. At the outset, you should dip into your savings and investments to meet the wedding expenses. And if this money falls short, you can always…
Source: Live Mint I am 40 and recently received a ₹50 lakh windfall. My portfolio is heavily weighted towards equity mutual funds (60%) with the rest in gold and fixed deposits. Since I already have significant exposure to equities, should I consider investing in real estate with a 15-year horizon, as I may plan for…
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 1:12 PM IST Bank of Baroda (BoB) has launched a special 400-day term deposit scheme that offers an interest rate of 7.9 per cent to super senior citizens for the festival season. Key features of ‘bob Utsav Deposit Scheme’ Click…
Source: Live Mint Before investing in a fixed deposit (FD), it is common, and even advisable, for investors to look for banks or financial institutions which offer highest interest rates on their deposits. Although it is common for banks to offer higher rates for long-duration deposits, one can still opt for short-term deposits to meet…
Source: Live Mint Is your poor credit score impacting your ability to get a credit card? You do not have to worry. Secured credit cards offer the way for individuals with poor credit scores. Credit cards are basically unsecured loans that offer you advances based purely on your track record in managing your finances. But…
Source: Live Mint Growing up in a middle-class family in Bengaluru, Swaminathan was always acutely aware of the importance of financial independence. His father, a banker, instilled in him the value of saving and prudent financial management from an early age. “I was determined to build a secure financial future for myself,” he says, reflecting…
Source: Business Standard 4 min read Last Updated : Sep 27 2024 | 5:32 PM IST Are you looking to maximise your savings through fixed deposits? Several public sector banks are currently offering attractive interest rates on fixed deposits, with the Bank of India leading the pack. Senior citizens can earn 7.95 per cent…
