SBI, PNB, Kotak Mahindra Bank, DCB Bank, and others: List of banks hiked FD rates in February [ad_1] Many banks have hiked fixed deposit (FD) interest rates soon after the Reserve Bank of India hiked the repo rates by 25 basis points to 6.50% in its monetary policy meeting in February. Fixed deposit investors are seeing their interest rates grow ...
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PNB hikes FD interest rates by up to 30 bps; check latest fixed deposit rates
PNB hikes FD interest rates by up to 30 bps; check latest fixed deposit rates [ad_1] Punjab National Bank (PNB) has increased interest rates of select fixed deposits (FDs) tenures by up to 30 basis points (bps). The new interest rates will be applicable for fixed deposits of less than Rs 2 crore. The increased interest rates on the FDs ...
Read More »Lessons from the Adani affair: Stay boring and keep making money
Lessons from the Adani affair: Stay boring and keep making money [ad_1] Politics and conspiracies aside, what exactly is the takeaway for investors from the events surrounding the Adani stocks over the past few days? It’s more than a little hard for investors to keep a cool head when stocks are falling thick and fast and but here’s a counterintuitive ...
Read More »Retirement planning: How to choose the right annuity plan
Retirement planning: How to choose the right annuity plan [ad_1] An annuity is an agreement between two parties wherein the insurer agrees to make a series of payments at regular intervals of time to the annuity purchaser. A lump sum or staggered investment is made by the buyer for the annuity plan chosen by them. An annuity is considered as ...
Read More »Balance long-term and short-term money goals: The efficient way of handling your finances
Balance long-term and short-term money goals: The efficient way of handling your finances [ad_1] Shruti and Ashish Shah are a working couple in their late thirties. They like to live well and spend money on the things they enjoy. Their primary savings are the 7 and 10-year fixed deposits that both of them are making along with the investments they ...
Read More »What is the rule of 72 in investing: 5 things to know
What is the rule of 72 in investing: 5 things to know [ad_1] 1.The Rule of 72 indicates how fast your money will double at a given rate of return.2.When you divide 72 by the estimated annual rate of return, you get the number of years it will take for your money to double. So, if you are getting 8% ...
Read More »Federal Bank FD interest rates: FD interest rates: Federal Bank offers 7.25% interest to general investors, 7.75% to senior citizens
Federal Bank FD interest rates: FD interest rates: Federal Bank offers 7.25% interest to general investors, 7.75% to senior citizens [ad_1] Federal Bank recently revised its interest rates on fixed deposits (FDs) below Rs 2 crore. The highest interest rate offered by the bank can go up to 7.25 per cent for the general public and 7.75 per cent for ...
Read More »money management tips: 5 useful tips to manage your money after a job loss
money management tips: 5 useful tips to manage your money after a job loss [ad_1] Thousands of job cuts have been announced in the first one-and-half months of 2023. The layoff wave has impacted not only startups but also big tech companies such as Amazon, Microsoft, Google, and Twitter. As many as 380 tech companies have axed 1,08,246 employees across ...
Read More »Transcending finances and finding purpose
Transcending finances and finding purpose [ad_1] Life is beautiful for a lot of people. While for others, life is a wringer, with an ever-busy schedule, constant stress resulting in a listless, monotonous life. That was the case with Pritam who was doing well in his career but was feeling burnt-out. He was not enjoying it. He had already built a ...
Read More »eps pension: March 3, 2023, is last date to opt for higher pension from EPS but EPFO yet to issue circular
eps pension: March 3, 2023, is last date to opt for higher pension from EPS but EPFO yet to issue circular [ad_1] The last date for eligible employees to apply for higher pension from the Employees’ Pension Scheme (EPS) is fast approaching. But there is still no clarity on how certain eligible individuals can opt for it. According to a ...
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