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Fixed deposits News
The 'very senior citizen' advantage Children can also benefit from the higher basic exemption limit of Rs 5 lakh by clubbing investments. The Union Budget 2011-12 would have definitely brought smiles on senior citizens’ faces. For those above the age of 80, Finance Minister Pranab Mukherjee has created a new category — ‘very senior citizen’ — and doubled their basic exemption limit to Rs 5 lakh. Besides
Central Bank, OBC cut deposit rates
Central Bank of India and Oriental Bank of Commerce (OBC) have reduced their interest rates on term deposits. This is the first time in six months that banks have cut fixed deposit rates.
Risk-return: two sides of a coin
You can’t have one without the other. Hence, understand the risks involved in various investments to maximise returns.
Banking: Prashant Joshi
My bank offered me a pre-approved home loan. I plan to purchase a property next year, but I am waiting for some correction in real estate prices. In what situations do pre-approved home
Don't try to ride on rising rates
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