Tag: Bank FD

What the changes to Deposit Insurance Act mean for investors

In a major relief to depositors of troubled banks, the Union Cabinet on Wednesday approved an amendment to the Deposit Insurance and Credit Guarantee Corporation...

What FD, debt mutual fund investors should do after RBI holds policy rates

As expected, in its second bi-monthly monetary policy review for 2021-2022, RBI kept the main policy rates unchanged. Cash Reserve Ratio (CRR) remained unchanged at...

Benefits of bank FD (fixed deposit) beyond interest rate

Amid lowering bank fixed deposit (FD) interest rates, investors with low risk appetite are advised to look at other benefits of bank FD before switching...

TDS on cumulative FDs: Your money loss is more than the tax deducted

Are you among those depositors who think that the deduction of TDS (Tax Deduction at Source) on your fixed deposit is not a big deal?...

PPF, small savings deposit growth slowing. Where are investors parking money?

Despite higher interest rates on some small savings schemes like PPF (Public Provident Fund) as compared to bank deposits, the growth in small savings deposits...

What are your investment options?

More than half of our country’s household savings are in bank deposits. According to the RBI Bulletin, 53% of a household savings are kept in...

40% or -7%? How much did your investments earn in last one year

A good financial plan is a mix of different asset classes to offer diversification. The asset mix is defined by the risk appetite, age and...