The finance ministry on Wednesday indicated that the tax treatment on interest income for provident fund contributions above Rs 2.5 lakh will be similar to that of bank fixed deposits. The idea ...

If your need is safety of capital and guaranteed returns, and you can put this money away for the long term, you must consider the various government-backed schemes available to you. The PPF, for exa...

Life insurers are vying for a share of the rising investments in fixed deposits by pitching their guaranteed savings products. Despite a decline in the repo rate by 115 basis points since February, a...

From July onwards, investors would have to pay stamp duty on the purchase and transfer of shares and mutual funds. The government had introduced the changes to the Stamp Duty Act last year by introduc...

Private lender ICICI Bank on Thursday announced a special fixed deposit (FD) product for senior citizens offering a higher interest rate of 80 basis points.Banks generally give an additional interest ...

The State Bank of India on Wednesday hiked its fixed deposit rates by up to 10 basis points on select maturities, following its private sector rivals HDFC Bank and ICICI Bank, who had revised their ra...

It always works, when you know what you’re doingRichard Bach in Johnathan Livingston SeagullThe Reserve Bank of India’s decision to cut the policy repo rate by 35 basis points has unleashed a...

The Reserve Bank of India has clamped down on the operations of the crisis-hit Punjab and Maharashtra Cooperative Bank but, nearly a month on, depositors say their troubles have only worsened.Some hav...

One of the prime reasons company FDs are popular is because they generally give you higher FD interest rates than banks. For instance, the Bajaj Finance FD offer you an interest rate of up to 9.10% on...

The Centre delivered a body blow to small savings depositors on Tuesday by slashing interest rates by 70 to 140 basis points in the first quarter (April-June) of the financial year 2020-21 — making ...