Looking to save tax in FY25 and earn interest. Tax-saver Bank Fixed Deposits can be a worthwhile option for conservative and ...

First Bank of Nigeria has provided clarification to the claims made by one of its customers that his N550 million kept in ...

The Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the Reserve Bank of India (RBI), guarantees a maximum of Rs 5 lakh deposited in a bank in case of failure, bankruptcy or ...

Jammu and Kashmir Bank (J&K Bank) has changed the interest rates on domestic term deposits under Rs 3 crore. The updated ...

Ujjivan Small Finance Bank has updated its FD and savings account interest rates effective from February 21, 2025. Fixed deposits remain one of the safer and most preferred investment options for ...

Mangaluru: A bank manager in Konaje has been booked for allegedly siphoning off around Rs 2.91 crore from customers, ...

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 ...

Rohit Khanna covers sectors like government finance, economy, industry and issues related to financial crime.

For instance, if one bank offers 50 basis points higher interest on a fixed deposit of ₹10 lakh, the higher income on account of 50 basis points can lead to an extra income of ₹15,000 in three ...

And if the amount of FD is increased to double, this extra income – on account of extra 50 basis ... while the other bank offers highest interest on a 15-18 month deposit. As we can see in ...

Gold has always been considered the most reliable way to protect against inflation. You can invest in physical gold, gold ...

The bank has also reduced savings account interest rate from 4% to 3.50% for balances above Rs 50 lakh. Also read: After RBI rate cut, this bank slashes FD interest rates by up to 65 bps According ...