Interest rates on small savings: The interest rate on the five-year senior citizens' savings scheme would be retained at 7.4%.
Senior citizens can time and align their FDs with the varying tenures offered by the bank and encash them accordingly
Following the outbreak of the Covid-19 pandemic last year, the yields at the long end were mostly anchored in the band of 5.90% - 6.25%
Buying a house is one of the biggest financial decisions and one should not rush through the decision-making process
The fears of firming inflation may also refrain the MPC from tinkering with the interest rate in its bi-monthly monetary policy outcome to be announce
Under the ECLGS 4.0, 100% guarantee cover will be given to loans up to Rs 2 crore to hospitals, nursing homes, clinics, medical colleges for setting u
Senior citizens can time and align their FDs with the varying tenures offered by the bank and encash them accordingly
Fixed deposits are safe and can provide stable income in old age
Interest rates charged and the other charges like loan processing and interest in delayed payments are quite high
FDs by NBFCs offer higher interest rates than banks or post offices