Need stronger governance, internal controls in urban cooperative banks: RBI Deputy GuvIn a recent address, RBI Deputy Governor Swaminathan J urged urban cooperative banks to strengthen their governance frameworks and adopt te...
RBI appoints Suman Ray as Executive Director, to head DICGC and Premises DepartmentSuman Ray will assume the role of Executive Director at the Reserve Bank of India. His appointment is effective from September 1, 2026, as ...
FD rate up to 8.5% for senior citizens investing for five years; know the list of banksFor senior citizens, certain banks have enticing fixed deposit options offering interest rates as high as 8.5 percent. These deposits, with...
Building an emergency fund? Here's when a sweep-in FD beats a liquid fund & when it doesn'tSweep-in fixed deposits and liquid funds offer better returns than savings accounts. Sweep-in FDs provide immediate access for money needed...
RBI moves to distance self from bank deposit ratingsThe Reserve Bank of India has instructed rating agencies to refrain from categorizing it as the regulator overseeing bank deposits. This re...
FD rate up to 8.05% for senior citizens investing for five years; Know list of banksFixed Deposit (FD) rate for senior citizens investing for five years. The article has a chart using which you can compare the top banks whi...
PhonePe's Rs 100 daily RD: How it works; app also adds FD investment optionWith its latest feature, PhonePe now allows users to easily invest in daily recurring deposits via its user-friendly app. Starting investme...
Household savings rise to 21.7% of GDP in FY25: GovtHousehold savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost incomes and financial security. RBI...
FD rate up to 8.3% for senior citizens investing for three years; Know list of banksSelect banks offer senior citizens fixed deposit interest rates up to 8.3 percent. Jana Small Finance Bank provides this highest rate for a...
Planning to invest over Rs 10 lakh in fixed deposits? Here are 4 benefits of splitting your money across multiple FDsInvestors face a choice between single and multiple fixed deposits for large sums. Splitting deposits offers better liquidity and increased...
Senior citizen FD rates 2026: Use an FD calculator to maximise your retirement returnsSenior citizens can earn up to 7.75% p.a. on Bajaj Finance fixed deposits. An online calculator helps estimate maturity amounts for retirem...
Bank of Baroda data breached: Is your account in danger? 7 things you can do to protect your accountBank of Baroda confirmed a data breach originating from a compromised employee email account. The lender insists its core banking systems r...
FD rate up to 8.3% for senior citizens investing for three years; Know list of banksSenior citizens can now secure fixed deposit interest rates up to 8.3% for a three-year term with select small finance banks, offering a lu...
DICGC introduces Daava Soochak for depositors to track claim statusThe Deposit Insurance and Credit Guarantee Corporation (DICGC) has introduced Daava Soochak, an online tool for depositors to track their c...
DICGC asks banks to display its logo, QR code on their websites"With a view to enhance the awareness about deposit insurance in a focused and sustained manner and in consultation with the RBI, it has be...
DICGC likely made large purchases at debt auctionThe Deposit Insurance and Credit Guarantee Corp (DICGC) is suspected to have made substantial purchases at a primary debt auction on Friday...
Depositors of 21 failed cooperative banks including PMC to get deposit insurance coverBanks have been asked to submit claims latest by October 15 and update the position as on November 29, 2021 along with principal and intere...