fixed deposits – Report Wire

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The major risk in P2P lending is the default risk as they cannot guarantee loans. (AFP)

5 min read

Emergence of P2P lending: When banking meets threat

While theoretical dangers of borrower defaults exist, P2P lending platforms have taken measures to mitigate such dangers. They have a...

The appeal of FDs extends to various segments of the population, including risk-averse individuals and senior citizens. (iStockphoto)

5 min read

How laddering, barbell can get you higher returns from FDs

The attraction of FDs extends to varied segments of the inhabitants, together with risk-averse people and senior residents. These teams...

The latest fixed deposits interest rates at Suryoday SFB has come into effect from May 5, 2023. (iStock)

3 min read

Suryoday hikes FD charges, providing as excessive as 9.60%. Here charges are calculated

In a significant excellent news for depositors, Suryoday Small Finance Bank has revised rates of interest on mounted deposits beneath...

Rajeev Thakkar, chief investment officer, PPFAS Mutual Fund

5 min read

Why Rajeev Thakkar’s present technique favours large-cap shares

“We have an indicator which tracks bigger cap indices versus small cap or mid cap indices. While we aren't at...

4 min read

Why tax arbitrage argument will not be legitimate for the change in debt fund taxation

The Finance Act 2023 eliminated the advantage of long-term capital acquire (LTCG) tax for debt mutual funds. In the absence...

These are the top tax saving investment options to look upon before 31 March

5 min read

Top tax-saving investments choice to contemplate earlier than 31 March

As the present monetary 12 months inches nearer to its finish, so is your final alternative to save lots of...

At Fincare, customers can choose from different options, such as regular, tax-saving, and cumulative deposits, to suit their individual needs.

2 min read

Fincare SFB publicizes engaging FD charges, gives 9.01% to senior residents

Fincare Small Finance Bank might be providing a pretty rate of interest of 9.01% to senior residents, and eight.41% for...

Bajaj Finance hikes FD rates. (Photo: iStock)

2 min read

Bajaj Finance hikes mounted deposit charges as much as 8.20%. Check particulars

Bajaj Finance, the lending arm of Bajaj Finserv, right now introduced a rise in rates of interest on mounted deposits,...

ICICI Bank gives 7 per cent for more than 15 months to retail and 7.5 per cent to senior citizens for over 15 months. (iStock)

2 min read

Good information for depositors! Fixed deposits (FDs) flip constructive at 8%

Amid the volatility within the inventory markets, all appears nicely for mounted deposit (FD) buyers as nearly all of the...

Many leading banks now offer over 7% a year on fixed deposits of certain tenures, against 5% to 5.75% just about a year ago

6 min read

How to earn greater than 8% returns from debt investments

Today, many main banks are providing over 7% every year (p.a.) on fastened deposits (FDs) of sure tenures, in opposition...

RBI 25 bps repo rate hike bring cheers to the fixed deposit investors

2 min read

RBI repo fee hike: Best time to e book your fastened deposits (FDs)?

In its first financial coverage meet after the Union Budget 2023, the Reserve Bank of India (RBI) has hiked the...

Almost all of the banks have increased interest rates on their fixed deposit products as a result of the RBI

3 min read

Should you ebook your mounted deposit now or look ahead to the charges to rise additional?

According to a current replace on December 7, 2022, when the Reserve Bank of India (RBI) elevated the repo price...

5 min read

Can your return beat the 7% rate of interest supplied by HDFC, ICICI and Axis Bank?

Bank mounted deposit (FD) charges have been on an upward trajectory ever for the reason that RBI started mountain climbing...

Jana Small Finance Bank has raised interest rates on regular fixed deposits, effective from 15 December. (File Photo: AFP)

2 min read

This financial institution affords as much as 8.80% rates of interest to senior residents on FDs

NEW DELHI: Jana Small Finance Bank has raised rates of interest on common fastened deposits (FDs), efficient from 15 December....

Those wishing to avail of tax benefits must choose tax-saving FDs with a mandatory lock-in period of five years. (Photo: iStock)

4 min read

Know the principles for untimely withdrawal of fastened deposits

NEW DELHI: There is nice information for retail traders: fastened deposit (FDs) charges are on the rise, once more. Experts...

With effect from December 13, SBI has hiked both retail deposits and bulk FD interest rates. (MINT_PRINT)

3 min read

SBI hikes bulk FD charges by 50-100 bps, senior residents earn as much as 7%

India's largest public sector banker, State Bank of India (SBI) has lastly joined the pattern of mountaineering mounted deposit charges...

For the quarter ended September or Q2FY23, IOB reported mobile banking registered users of 59.52 lakhs, Internet Banking registered users of 23.82 lakhs

2 min read

IOB hikes rates of interest on fastened deposits by as much as 20 bps, examine new charges right here

Indian Overseas Bank (IOB), one of many main public sector lenders, has elevated rates of interest on fastened deposits below...

Banks are on the bandwagon of raising interest rates on FDs after RBI hiked the policy repo rate by 35 bps to 6.25% in the December 2022 policy.

3 min read

Mumbai-based financial institution revises bulk FD charges, senior residents get further profit

Mumbai-based IDFC First Bank has revised its bulk mounted deposit rates of interest throughout tenures. The rates of interest on...

Bank fixed deposits are popular investment instruments. (Photo: iStock)

3 min read

Kotak Bank joins bandwagon of revising FD charges; now, senior residents get 7%

Kotak Mahindra Bank is among the many newest to affix the bandwagon of revising mounted deposit rates of interest after...

With the latest hike, the policy repo rate has climbed to a whopping 225 basis points so far in FY23. Now, the repo rate is at 6.25%, the highest level since August 2018. (iStock)

4 min read

FD charges to get extra enticing? RBI’s 35 bps charge hike makes a case

However, this time, the transition of 35 foundation factors repo charge hike to FD charges is anticipated to be on...

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