Ask any working woman today and she will tell you that she does not enjoy being dependent on anyone. We have come a long way from maintaining our homes and hearths, to becoming self-sufficient earners with well-kept houses, and we even help our families make important money-related decisions. But still, many women stutter when it … Read more
Fixed deposits (FDs) are considered to provide reliable, consistent long-term investment returns. They are especially beneficial for conservative investors who avoid taking risks. Certain small finance banks in India offer FD interest rates of over 9%, which is relatively higher than those of public, private, and foreign banks. Here are the latest FD rates for … Read more
At the time of opening a fixed deposit (FD), it is advisable to compare the interest rates offered by different banks. Importantly, some banks have started to slash their rates in the wake of RBI cutting benchmark repo rate after nearly five-year hiatus. Even a tiny difference – say of 50 basis points– can lead … Read more
Prior to investing in a fixed deposit, investors often compare interest offered by different banks. One might argue that most banks — more or less – offer similar, if not same, interest on their term deposits. However, one must understand that a difference of 50 basis points over a long period of time can increase … Read more