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

In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with ...

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

The Union Budget 2025 proposes raising the TDS threshold, offering additional financial relief to small taxpayers and senior ...

The idea of building wealth often feels overwhelming. Many people assume you need hefty sums of money to start investing or ...

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).

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 ...

A fixed deposit is a trusted financial instrument that has been a popular choice for conservative investors for decades.

The Board of Directors proposed a dividend payout of 100% of 2024 net profit, amounting to CZK17.2 billion, and plans to maintain this exceptional payout policy for 2025. The bank anticipates ...

Here is what led to this change! India’s inflation has significantly affected returns from traditional savings options like fixed deposits (FDs) and recurring deposits (RDs). These instruments ...

Banks are expected to gain from the income tax incentives announced in the Budget, as the resultant rise in disposable income ...