While loans are set to become cheaper for customers with the Reserve Bank of India (RBI) opting to cut the repo rate by 25 basis points, deposit rates including those of small savings may be cut going forward. While banks are likely to cut their deposit rates in line with the policy rate, sources indicated … Read more
Senior Citizens Savings Scheme (SCSS): Planning for a secure and steady income after retirement is a priority for many. The Senior Citizens Savings Scheme (SCSS) offers retirees a reliable way to invest their funds while ensuring regular quarterly returns. Backed by the government, this scheme provides one of the highest interest rates among small savings … Read more
The Centre is in a “wait & watch” stance on small savings collections, anticipating a surge in deposits during the fourth quarter (Q4) when most investors contribute, according to an official who spoke to Business Today TV. “Most of our major collections will come in March, and we’re closely monitoring the figures,” the official added. … Read more
Mother’s Day is a chance to celebrate the amazing women who raised us. It’s a day to shower them with love and appreciation for their endless sacrifices and unwavering support. It presents a unique opportunity to think beyond traditional gifts and consider options beyond mere material pleasure, which provide lasting value and financial stability: a … Read more