This public sector bank hikes FD interest rates; Senior citizens can earn up to 7.25% [ad_1] Public sector bank, Bank of India, has hiked fixed deposit interest rates for deposits below Rs 2 crore. The new interest rates are effective from December 16, 2022. For deposits maturing in 7 days to 10 years, the bank now offers rates of interest ...

Indian Bank launches new FD tenure, senior citizens can earn 7.15% [ad_1] Indian Bank has launched a new special retail term deposit dubbed as “Ind Shakti 555 days” effective from December 19, 2022. According to the Indian bank website, “Special Retail Term Deposit Product “IND SHAKTI 555 DAYS” has been launched w.e.f 19.12.2022 offering higher rate of interest for investment ...

PNB hikes FD interest rates: These senior citizens can earn 8.05% [ad_1] Punjab National Bank (PNB) has increased interest rates of fixed deposits (FD) for amounts less than Rs 2 crore. The new interest rates are effective from December 19, 2022, according to the PNB website. Previously, PNB had hiked FD interest rates on October 26, 2022. PNB fixed deposit ...

My father had a self-acquired property, died intestate. Can my mother stop me from having a share? [ad_1] Q.My father had a self-acquired property and died intestate. Can my mother stop me from having a share in the property? I have one younger brother. — Seema P. As per the Hindu Succession (Amendment) Act 2005, you and your brother have ...

Can you salvage a relationship where only one person is doing all the spending? [ad_1] With entertainment, eating out and gifting becoming more expensive by the day, the dating game has started to revolve more around money than it used to. However, this presents itself as a good opportunity to learn about the financial personality of your partner since finances ...

To woo more customers, HDFC aims to issue 1 mn credit cards every month India’s largest private bank HDFC Bank Ltd. is seeking to issue a million credit cards a month, a remarkable bounce-back for the lender after the country’s regulator banned it from taking on new card clients two years ago. The bank wants ...

Atul Ltd’s growth levers in place: 5 reasons it’s this week’s stock pick [ad_1] Atul Ltd, an integrated chemicals company, reported a mixed segmental performance in the second quarter of 2022-23. While the POC (performance and other chemicals) segment reported a muted 7% y-o-y revenue growth, the life cycle segment (LSC) reported a strong revenue growth of 65% y-o-y. Overall, ...

Why target maturity mutual funds are a good bet now [ad_1] For years, debt funds were ignored by retail investors, thanks to the market-linked nature of returns. Preferring the safety of assured returns, investors opted for bank FDs and small savings schemes. Three years ago, the debt fund landscape changed overnight. Introduction of passive index-based debt funds—in the form of ...

Federal Bank increases interest rates on fixed deposits, effective Dec 18 The increased interest rates for fixed deposits below Rs 2 crore at the Federal Bank are now effective, reported LiveMint. The publication cited an update from the lender to say that the bank is now giving interest rates between 3 per cent and 6.30 ...

Banks look at possibility of rupee trade with Bangladesh, African nations Banks are looking at the possibility of initiating rupee trade with Bangladesh and African countries like Egypt as part of exercise to make rupee an international currency, sources said. The overseas trade in rupee would safeguard the external sector from fluctuation in the forex ...