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A New Jersey man has been sentenced to six years and three months in federal prison for taking part in a scam that stole ...
RBI Governor Sanjay Malhotra announced a repo rate cut that will affect bank fixed deposit interest rates, particularly ...
At present, there are 12 small savings schemes, including savings accounts. These schemes offer investors safety, longer lock ...
Banks face challenge in attracting deposits due to small savings schemes offering higher interest rates and tax benefits.
While senior citizens enjoy a higher exemption limit, many are unaware of several tax-saving provisions specifically designed ...
If senior citizens invest Rs 10 lakh at a 7.60% interest rate in FDs, they will receive a return of Rs 14,57,081 after five ...
With interest rates declining, banks face the challenge of attracting deposits. Experts suggest innovative products like ...
SBI lowers fixed deposit and savings rates after RBI's repo rate cut; investors may need to rethink strategies as returns dip ...
State Bank of India (SBI) has reduced interest rates on fixed deposits and savings accounts, effective June 15, 2025, ...
They can lock into the Senior Citizen Savings Scheme (SCSS), which offers 8.2%, paid quarterly. An individual of 60 years or more can open the account. Also, those above 55 years but below 60 ...
While banks cut interest rates on their fixed deposits (FDs), investors can consider investing in small savings schemes such ...
SBI cuts Amrit Vrishti FD rate to 6.6% post RBI repo cut. Seniors get 7.10%, super seniors 7.20%. Know penalties, expert tips ...