If you're looking for a safe and profitable investment option, the Post Office Recurring Deposit (RD) Scheme is a great ...

Post Office small savings schemes are ideal for safe returns. Recurring deposits (RD) stand out, allowing substantial fund ...

Interest rates offered by top ten public sector banks and private banks on three-year recurring deposits range from 6.25-7.25 percent per annum A recurring deposit helps you put a fixed sum of ...

Currently, the interest earned on FDs is taxable, and if the amount exceeds Rs 40,000 (Rs 50,000 for senior citizens), it becomes subject to Tax Deducted at Source (TDS).

Poor mobilization of deposits is pressurising profitability and resilience of the banking system and pushing up the cost of ...

The State Bank of India (SBI) has introduced a ‘Har Ghar Lakhpati’ (lakhpati in every home) recurring deposit scheme. The stated objective of this investment scheme is to help individuals ...

and sign up for recurring deposits accordingly. The rate revision comes at a time when there is widespread demand for a rate cut by RBI to boost growth. Meanwhile, RBI data showed that bank ...