State Bank of India (SBI), the country's largest lender, has ceased its Amrit Kalash fixed deposit (FD) scheme, which was earlier available for a limited period. This scheme offered a…
In April 2025, investors holding select Sovereign Gold Bonds (SGBs) from the 2017-18 series will have the option for early redemption. The bonds eligible for redemption include SGB 2017-18 Series…
A recent report by Edelweiss Mutual Fund has projected that equities are likely to outperform gold over the next three years. The report highlights that while gold has traditionally been…
Finance Minister Nirmala Sitharaman in Budget 2025 introduced a revised threshold for TDS compliance for individuals, senior citizens, and companies. This adjustment aims to provide taxpayers with a means to…
For generations, fixed deposits (FDs) have been India’s preferred financial security blanket, offering stability in an ever-evolving financial landscape. In 2023, Indians had over ₹103 trillion locked in FDs –…
The mutual fund industry has added over 10 million new investors in the last 12 months. As the financialisation of savings picks up, more new investors are expected to tap…
Fixed Depsit rates: In December 2024, several banks, including Federal Bank, Karnataka Bank, Equitas Small Finance Bank, RBL Bank, and Bank of Maharashtra, changed their fixed deposit interest rates. These changes have…
Fixed deposit rates: Despite the ongoing fluctuations in the global financial landscape, fixed deposits (FDs) remain a favoured option for conservative investors in India who prioritise stability and reliable returns.…
NPS Vatsalya vs mutual funds: The NPS Vatsalya scheme was floated earlier this week, which is one-of-a-kind scheme where parents can start saving for their minor children much before they enter…
Mutual fund investment: Since the introduction of NPS Vatsalya, many have been speaking about long-term investment plans, which extends for decades and can offer a multicrore asset on maturity. NPS Vatsalya,…