Fixed Deposit
Business  /  Published 16.01.22

Fixed deposit rates hiked

State Bank of India and HDFC Bank, two of the country’s largest banks, have raised fixed deposit rates on select tenors by up to 10 basis points — a clear signal that interest rates are he...
By Our Special Correspondent in Mumbai

Business  /  Published 09.09.21

Amazon Pay FDs

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...
By PTI in Mumbai

Business  /  Published 07.06.21

Savings: make the most of your FDs

By Adhil Shetty

Business  /  Published 15.04.21

Life covers top FD returns

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...
By A Staff Reporter in Calcutta

Business  /  Published 04.02.21

Tax on PF on a par with FD

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 ...
By A Staff Reporter in Calcutta


Business  /  Published 14.12.20

Fixing your fixed deposit

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...
By Adhil Shetty

Business  /  Published 23.08.20

Insurers push for guaranteed return plans

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...
By Pinak Ghosh in Calcutta

Business  /  Published 06.07.20

Cost pinch for investors from July

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...
By Pinak Ghosh

Business  /  Published 21.05.20

ICICI Bank FD for seniors

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 ...
By Our Special Correspondent in Mumbai

Business  /  Published 28.11.18

SBI select deposits gain

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...
By Our Special Correspondent in Mumbai


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