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Is your FD maturing? Be extra careful
Now, what might a fixed deposit (FD) have to do with life insurance? Quite a bit, it seems, going by the experience of Mangesh Pai. Pai, a heart surgeon, had gone to roll over a maturing FD in a large private sector bank into another FD, but ended up putting the maturity amount into a life insurance policy instead. He signed the papers at the prodding of a bank officer who told him this would be
Now, what might a fixed deposit (FD) have to do with life insurance? Quite a bit, it seems, going by the experience of Mangesh Pai. Pai, a heart surgeon, had gone to roll over a maturing FD in a large private sector bank into another FD, but ended up putting the maturity amount into a life insurance policy instead. He signed the papers at the prodding of a bank officer who told him this would be
Seal your FDs before rates roll back
With the stock market in free fall, fixed deposits (FDs) may be the best bet to keep your money growing. And the next few days may be just the time to lock it in at the 10%-plus interest rates going c
With the stock market in free fall, fixed deposits (FDs) may be the best bet to keep your money growing. And the next few days may be just the time to lock it in at the 10%-plus interest rates going c
Going for FD? Check out FMPs first
Fixed maturity plans (FMPs) seem to have a lot going for them. Indicative yields have risen to as high as 11.5% of late, giving them a clear edge over fixed deposits (FDs) and drawing in ever more inv
Fixed maturity plans (FMPs) seem to have a lot going for them. Indicative yields have risen to as high as 11.5% of late, giving them a clear edge over fixed deposits (FDs) and drawing in ever more inv
Bank FDs likely to find more takers as rates rise
The deposit rate hikes by banks will persuade people to put more money in fixed deposits thereby helping term deposits grow faster, say bankers.
The deposit rate hikes by banks will persuade people to put more money in fixed deposits thereby helping term deposits grow faster, say bankers.
CASA hit for banks as FD rates rise
Current account and saving account (CASA) deposits could come to a bank’s rescue in the current scenario of rising interest rates.
Current account and saving account (CASA) deposits could come to a bank’s rescue in the current scenario of rising interest rates.
Rising FD rates to bring some cheers for depositors
There is some good news for retired persons and those dependent on the interest income as banks have started increasing their fixed deposit rates following the decision of the RBI to hike the short te
There is some good news for retired persons and those dependent on the interest income as banks have started increasing their fixed deposit rates following the decision of the RBI to hike the short te
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