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NRIs holding Indian assets in traditional savings and fixed deposits may be eroding their wealth due to inflation and taxes, ...
Fixed deposits remain a secure investment choice for Indian savers, particularly with high interest rates from Bajaj Finance, ...
One more benefit of utilising an FD calculator is knowing the tax effect on returns. Interest accrued on fixed deposits is ...
Several Indian banks have revised their fixed deposit rates. State Bank of India offers Amrit Vrishti. Canara Bank has a ...
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also ...
Premature withdrawal of fixed deposits can impact earnings, attract penalties, and disrupt financial planning, affecting ...
The country largest lender State Bank of India (SBI) has cut fixed deposits rates by 20 basis points (bps) across tenures ...
For investors, this change means lower returns on any new fixed deposits opened. This will particularly impact those who depend on FDs for a steady income stream. However, existing fixed deposits will ...
SBI's move comes after the Reserve Bank of India (RBI) cut the repo rate in its latest monetary policy review. Since then, ...
The one-year fixed deposit interest rates collectively fell below 1%, with PSBC's one-year deposit rate dropping to 0.98%, ...
Lenders including Industrial & Commercial Bank of China Ltd, China Construction Bank Corp, Agricultural Bank of China, Bank ...