Fixed Deposits

Senior citizens typically get a marginally higher rate of interest for fixed deposits, which are a low-risk, but lower-return, investment vehicle

'Inflation eating returns', says Nitin Kaushik about investment choice of many Indians.

The 50:50 split is highly effective for those navigating competing responsibilities: supporting children, managing loans, and caring for elders, while dreaming of vacations and legacy.

All companies offer an additional interest rate for senior citizens, according to Paisabazaar

Fund houses have launched debt-arbitrage FoFs to attract investors in higher tax brackets

Check a lender's financial strength and your liquidity needs when you select offer

Despite repo rate cuts, 15 banks still offer 7.80 per cent or higher on fixed deposits for senior citizens, with some going up to 9.10 per cent for specific tenures below Rs 3 crore

So, the next time someone tempts you with a slightly higher FD rate from a lesser-known bank, point them not to DICGC's fine print but to hybrid funds

Give equal weight to safety so that you avoid loss of capital in your fixed-income portfolio

Reserve Bank of India plans to block overseas fixed deposits under Liberalised Remittance Scheme to curb misuse, protect forex reserves, and prevent passive capital flight by resident Indians

PNB and Canara Bank have updated their fixed deposit rates, offering new opportunities for both general customers and senior citizens

The Reserve Bank of India (RBI) may go for a "jumbo rate cut" of 50 basis points on Friday to reinvigorate the credit cycle and counterbalance uncertainties, said SBI research report. RBI's rate-setting panel Monetary Policy Committee (MPC) will start deliberations on the next bi-monthly monetary policy on June 4 and announce the decision on June 6 (Friday). The central bank reduced the key interest rate (repo) by 25 bps each in February and April, bringing it to 6 per cent. The six-member MPC, headed by RBI Governor Sanjay Malhotra, also decided to change the stance from neutral to accommodative in its April policy. "We expect a 50-basis point rate cut in June 25 policy as jumbo rate cut could act as a counterbalance to uncertainty," said the research report from the State Bank of India's Economic Research Department 'Prelude to MPC Meeting - June 4-6, 2025'. It further said a large rate cut could reinvigorate a credit cycle. "Cumulative rate cut over the cycle could be 100 basi

SC judges disclose majority of financial assets in bank deposits and provident funds, contrasting sharply with ministers' high exposure to stocks and mutual funds

Such FDs are similar to those offered by commercial banks but carry a higher interest rate, as well as risk of default

Highest yield now at 9.93%. Experts suggest locking in current rates as banks and NBFCs move towards lowering deposit returns

However, one should avoid keeping excessive funds in savings accounts

Senior citizens will continue to get additional benefit of 0.50% higher interest

Liquidity infusion by the Reserve Bank of India (RBI) has eased funding pressure on banks

Other banks, including HDFC Bank and Yes Bank, have also trimmed interest rates on fixed deposits for select tenures

As of April 2025, several small finance banks in India are offering FD rates as high as 9%, making them the go-to choice for savvy investors looking to maximize their savings!