FDs for Senior citizen: DBS Bank India launches priority banking program; top points here

FDs for Senior citizen: DBS Bank India launches priority banking program; top points here

DBS Bank India has announced the launch of its new offering, ‘DBS Golden Circle’. This priority banking program has been carefully crafted to address the specific needs of senior citizens. Designed for resident Indian individuals aged 60 and above, the program provides an array of exclusive benefits and services to simplify and enhance the banking … Read more

Bank fixed deposits most favourite form of investment for low, high income groups, mutual funds catching up: Survey

Bank fixed deposits most favourite form of investment for low, high income groups, mutual funds catching up: Survey

The Moneyview Savings Index 2024, which was conducted during the financial year ended March 2024, showed that 72% of the respondents earning over Rs 50,000 monthly salary have higher savings compared to just 51% of those earning less than that. It stated lower-income groups often opt for safer options like savings accounts even though interest … Read more

YES Bank, ICICI Bank to tweak service charges on savings accounts from May 1; check details

YES Bank, ICICI Bank to tweak service charges on savings accounts from May 1; check details

Yes Bank and ICICI Bank will tweak their service charges on savings accounts from May 1. Besides this, both banks have decided to discontinue select account types. As per Yes Bank’s website, it will discontinue: Savings Exclusive, YES Savings Select /XLRATE SA, Savings Advantage/ Yes Grace / Yes Prosperity, Prime/Ascent/Crest, Yes Respect (for Sn. Citizen), … Read more