The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
RBI recently cut down repo rate by 50 basis points, so there is an expectation that banks would bring down the interest rates ...
With the RBI reducing the repo rate by 25 bps in the recent MPC meet, some banks may consider reducing their deposits rates, ...
Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The funding round is expected to value Stable Money at around $125-130 million, nearly 2.5 times its valuation from the last ...
Have idle funds you don't want to invest? You can still put the money to work earning a great return. Here's what all the best cash savings options are paying right now.
1. Compare interest rates first: One must compare the interest rates of different banks before finalising the bank. 2.
Loans against fixed deposits from banks and NBFCs allow individuals to borrow using their deposits as collateral. This option ...
The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...
A fixed deposit (also known as a time deposit) account is a type of bank account that pays account holders a fixed amount of interest in exchange for depositing a certain sum of money for a certain ...
fixed deposit returns are anticipated to diminish in the upcoming months. When the RBI decreases the repo rate, it essentially lowers the cost at which banks can borrow money. This reduction ...
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