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Homec > Deposits

Deposits

Indians not saving, not planning for retirement: Money9 survey
Money9 Share of Wallet survey was conducted on social media across TV9 Network's followers, with responses coming in from all parts of the country in multiple languages. A total of 16,100 participants responded to a set a multiple choice questions. The survey was conducted in January 2021.
Low interest rates not a cause of concern
Low interest rates on savings accounts may not be a party spoiler as inflation rates are low too. Karan Bhasin explains how to look at nominal and real rates while planning your investments.
ESIC scheme adds 9.33 lakh new members in November
New Delhi: Around 9.33 lakh new members joined the ESIC-run social security scheme in November against 11.99 lakh in the previous month. The latest data is part of a report released by the National Statistical Office (NSO). Gross new enrolments with the Employees’ State Insurance Corporation (ESIC) were 8.87 lakh in June, 4.89 lakh in […]
Saved more during Covid? Now, grow your corpus
An important financial impact of the Covid-19 pandemic has been that individuals have become very cautious with their money and its management. The first instinct for many was to cut down expenses, especially those which were thought to be non-necessary. This helped increased savings, which is a positive in the overall money management process. Not […]
Private banks report healthy deposit accretions, sluggish advances growth in Q3
Mumbai: Small and mid-sized private sector banks have reported a healthy deposit growth in the third quarter, even as they have struggled to grow their loan books, as per exchange filings by three lenders. Despite interest rates being the lowest in over a decade, the pandemic and the resultant economic impact has ensured that loan […]
Why do you need an emergency fund?
An emergency never comes knocking at the door and the unseen blows hit you really hard. An emergency fund is a guard that helps you tide over a financial emergency. What is a financial emergency? Any unprecedented and/or unexpected event that either stops the stream of income or add pressure to your existing income creates […]
Everything you need to know about Sukanya Samriddhi Scheme
The government has launched a small savings plan called the Sukanya Samriddhi Yojana that encourages parents to build a fund for the future expenses of their girl child. Under this scheme, the account can be opened in post offices or any bank in the name of the girl child. The Sukanya Samriddhi Yojana provides tax […]

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