Now, there is an expectation that banks would bring down the fixed deposit (FD) interest rates sooner than later. So, this could be your last chance to lock your savings in fixed deposit if you so ...
(Image: Freepik) Fixed deposit (FD) rates are currently looking pretty attractive. If you’ve been thinking about parking your savings in guaranteed return investment schemes and earn decent ...
Image Source : PIXABAY Choose the locking period of your FD wisely. Fixed deposits or FDs are generally used to invest a lump sum amount as it keeps the money safe while giving a fixed return ...
As the Reserve Bank of India's (RBI) monetary policy committee (MPC) cut repo rate by 25 basis points on Friday, it is seen as the start of interest rate cut cycle. Typically, a cut in repo rate ...
However, this move may also result in a decrease in fixed deposit interest rates, impacting investors who depend on them for returns. Investors should note the recent 25 basis points rate cut by ...
This decision by the central bank is likely to have an impact on fixed deposit (FD) investors, as it is anticipated that interest rates will decrease even further. The repo rate essentially ...
Image Source : PTI SBI latest FD rates for senior citizens: Fixed deposits or FDs offer guaranteed returns. SBI latest FD rates for senior citizens: State Bank of India (SBI) is the largest ...
The rates above are promotional rates subject to change at any time by ICBC. Do check ICBC’s website for the latest rates. There are a few fixed deposits which have pretty low barriers to entry on ...
Fixed income is the cornerstone of many an investment portfolio, writes Mark Lister. Photo / 123RF Term deposit rates have fallen sharply over the past several months. After hitting 15-year highs ...
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THE FINANCIAL WELLNESS COACH
One of the biggest reasons retirees struggle to survive on their pensions is that they have invested their funds in portfolios that have not beaten pension inflation because they are too conservative.
9.5% FD rates! Check out banks offering high returns for 3-year fixed deposits - Full list here (Image: Freepik) With the Reserve Bank maintaining the interest rate regime at an elevated level ...