financial stability for seniors

FDs vs stocks vs mutual funds: Why retirees still choose stability over higher returns

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FDs vs stocks vs mutual funds: Why retirees still choose stability over higher returns

Despite the growing popularity of market-linked instruments like mutual funds and stocks, fixed deposits (FDs) remain the go-to investment choice for many retirees and senior citizens. The reason? Stability, predictability, and peace of mind — even if it means sacrificing higher returns. > Fixed Deposits: Capital Protection and Predictable Income For retirees who rely heavily … Read more

Fixed deposit rates: Six banks tweak senior citizen FD rates following RBI repo rate cut

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Fixed deposit rates: Six banks tweak senior citizen FD rates following RBI repo rate cut

Following the Reserve Bank of India’s recent 0.25% reduction in the repo rate, attention has swiftly turned towards fixed deposit (FD) interest rates, particularly affecting senior citizens. With banks expected to reduce their rates accordingly, six institutions have announced revised FD interest rates effective February 2025. This adjustment comes as a significant move for those … Read more