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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
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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.
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Banks want bigger tax breaks on interest
As the demand for loans is increasing rapidly in the country, there is no corresponding increase in deposits. This is causing difficulties for banks i
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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
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Take maximum advantage of tax saving FD
Tax planning at the beginning of the year help in saving taxes and lead to higher income
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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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Bank of India ups FD game, to pay 7.95% for 666-day deposit
What are the features of this FD? How much is the interest of FDs of other big government banks, in comparison to Bank of India's 666 day FD. Let's fi
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SIP turbo charge spreads equity cult
The mix of asset class of household savings in the country has changed fundamentally with equity being a dominant category in pooled funds
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Lower risk than equity funds, better returns than FDs
BAF invests at least 65% of the funds in equities and the remaining amount in debt. This scheme invests in low volatility stocks.
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Can SSY be a game-changer? Give ELSS a try
While one may be drawn to the higher interest and tax benefits, SSY might not always be the right investment
