Amazon Pay India, the American e-commerce major’s payments app, is set to offer deposit booking services to its customers even as rival Google Pay’s similar facility has invited regulatory...

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Returns from guaranteed return life insurance plans have trumped fixed deposits amid falling interest rates. The trend, according to the industry officials, is expected to sustain over the next 12 mon...

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...