Page 4 - Fixed Deposits

Airtel Finance offers FD service, partners with NBFCs, small finance banks

Bharti Airtel on Monday announced the launch of a fixed deposits marketplace under its digital arm Airtel Finance, backed by partnerships with leading NBFCs and small finance banks. The marketplace enables Airtel Finance to provide an assured return and fixed-income investment option on the digital platform that is built on top of Airtel's Thanks App framework, according to a release. "Bharti Airtel today announced the launch of a fixed deposits marketplace under its digital arm, Airtel Finance. These fixed deposits come at an attractive interest rate of up to 9.1 per cent per annum," it said. Airtel Finance has offered the fixed deposit service through partnerships with multiple small finance banks and NBFCs including Utkarsh Small Finance Bank, Shivalik Bank, Suryoday Small Finance Bank and Shriram Finance. This will help customers lock in assured returns at high rates of interest. Anshul Kheterpal, Chief Business Officer, Airtel Finance said, "We have partnered with the best ban

BOI launches 333-Day Star Dhan Vriddhi FD, offers 7.9% interest rates

Star Dhan Vriddhi offers interest rates of 7.25%, 7.75% and 7.90% for general citizens, senior citizens, super senior citizens

Beyond FDs: Blend growth and income assets in retirement portfolio

Senior citizens may invest in high-quality bonds, senior citizens savings schemes, and post office monthly income schemes

Bank FDs sahi hai: Why fixed deposits may be better than debt mutual funds

The returns may be similar, but there is nothing better than bank FDs when it comes to safety - the principal is safe, at least in scheduled commercial banks, given how Indian banks are regulated

Flipkart-backed super.money aims to be among top five on UPI leaderboard

The company, which rolled out its beta version in June, has processed about 10 million transactions to date

New FD schemes: RBL to TMB, mid-tier banks enter the great deposit chase

Launch special schemes to boost fund base

Banks offer up to 9% interest on FDs; check detailed rates of various banks

Fixed deposit rates are directly affected by the change in repo rate. Small finance, private, public, and foreign banks hike fixed deposit rates up to 9% annually, providing lucrative options for save

Cong asks govt to allow indexation benefits for savings in stocks, FDs

The Congress on Wednesday said the government's proposal of giving individuals the option to choose between two tax rates for long-term capital gains (LTCG) tax on properties is not enough and it should also allow indexation benefits for other forms of savings such as stocks and fixed deposits. Professionals' Congress Chairman Praveen Chakravarty accused the government of "betraying" the middle and salaried class in the Union Budget through the removal of indexation and higher taxes on their savings and investment gains. "On 23rd July, Finance Minister Nirmala Sitharaman presented the government's budget in Parliament. We welcomed certain aspects but we strongly opposed many parts of the budget. We welcomed the fact that the FM took some ideas from the Congress party's manifesto such as the employment linked incentive (ELI) scheme, the Apprenticeship Act and removing Angel tax," Chakravarty said at a press conference at the AICC headquarters here. Among other things, we strongly ...

Lock into best fixed deposit rates for up to a three-year tenure

Senior citizens will receive an additional 50 basis points over these rates.

Company fixed deposit rates' terms, tenure collected in one table

Comprehensive insights into ratings and returns offered by various players over different horizons

FD rates in July 2024: These 11 banks offer 8 to 9% interest rates

Some banks offer interest rates of 8% or more, making them an appealing option for risk-averse investors

Conservative hybrid funds can be a better bet than fixed deposits

Asset allocation ensures investor gets small exposure to stocks in a predominantly bond portfolio

Cashless claim denied? Bank on credit card, pledge gold or fixed deposit

Keep some emergency cash at home and ensure your credit card limits are adequate

Company fixed deposit rates: Terms, tenure explained in one table

Comprehensive insights into ratings and returns offered by various players over different horizons

Axis Bank expanding branches to raise more deposits: Deputy MD Rajiv Anand

Axis Bank completed the acquisition of Citibank India's consumer banking business effective March 1, 2023

Canara Bank to HDFC Bank: Fixed deposit interest rates in one table

Indians' favourite investment option offers lucrative returns and stability

RBI hikes threshold for bulk fixed deposit to Rs 3 crore from Rs 2 crore

The Reserve Bank on India on Friday hiked the threshold for bulk fixed deposits to Rs 3 crore from existing Rs 2 crore. Bulk fixed deposits earn slightly higher interest rate than retail term deposits as banks offer different rates as part of their liquidity management exercise. Now single rupee term deposits of up to Rs 2 crore with Scheduled Commercial Banks (excluding Regional Rural Banks) and Small Finance Banks will be part of retail fixed deposits. On a review of the bulk deposit limit, it is proposed to revise the definition of bulk deposits as 'Single Rupee term deposit of Rs 3 crore and above' for SCBs (excluding RRBs) and SFBs, RBI Governor Shaktikanta Das said while announcing the bi-monthly policy on Friday. Further, it is also proposed to define the bulk deposit limit for Local Area Banks as Single Rupee term deposits of Rs 1 crore and above', as applicable in case of RRBs. To promote ease of doing business, RBI has proposed to rationalise guidelines for export and im

Fixed Deposit investors: Stagger FD investments to catch peak rates

While some portion of your money should go into longer-tenure FDs offering higher rates, diversifying across maturities is also essential

Investment strategy: Why relying primarily on fixed deposits is a bad move

India's economy is growing, and even those who prefer fixed-income investments should consider optimising their choices within that category.

Company fixed deposit rates' terms, tenure explained in one table

Comprehensive insights into ratings and returns offered by various players over different horizons