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Homec > Deposits

Deposits

NPS Vatsalya announced for minors
Under the NPS Vatsalya scheme, accounts opened in the names of minor children will automatically convert into regular NPS accounts once they reach the age of 18.
Bank FD Reforms
According to RBI data from June 28, deposits grew by 11.1% on a year-on-year basis, while loan growth stood at 17.4%. RBI Governor Shaktikanta Das has urged banks to think outside the box to increase deposits and adopt new strategies to achieve this.
Here’s how you can make passive income!
Passive income is income that doesn't require much effort to earn and manage. Let's find out potential sources of passive income.
Here’s how you can fight credit card frauds!
How can fraud occur through credit cards and what measures you can take to protect yourself from such fraud. FInd out.
RBI takes action against irregular banks, cancels license
What is the importance of cooperative banks? When does RBI cancel the license of a cooperative bank? How will depositors get their money if a bank closes down? Let's understand.
Cheque bounce can prove to be costly, know how
The primary reason is insufficient funds in the account of the issuer. Often, discrepancies in the name or overwriting on the cheque can also lead to it bouncing.
SIP investments rising, so is SIP stoppage ratio!
This trend is at a time when investment in mutual funds through SIP is at a new high. In May, the SIP stoppage ratio reached a record high of 88.4 percent.
Fixed Deposit Vs Debt Mutual Fund Vs Corporate FD
The three savings and investment schemes are relatively safer than mutual funds and five better returns than a savings account
Take maximum advantage of tax saving FD
Tax planning at the beginning of the year help in saving taxes and lead to higher income
Can you bank on small finance banks to help your money grow?
Small finance banks are able to provide higher returns as compared to larger banks due their low overhead costs

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