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FIXED DEPOSITS IN BANKS
Mother nominated son in her savings bank a/c, but both died, father faced long delay in getting funds; Consumer Commission orders Rs 10,000 compensationErnakulam, Kerala: Husband faced challenges and long delay in accessing late wife’s savings bank account as nominee died; Consumer commissi...
Credit card dues, consumer durable loans slow as gold loans surge; RBI data shows shift to secured borrowingIndian households are increasingly opting for secured loans, particularly against gold, which surged significantly. Credit card dues and co...
Personal loan growth rises to 16.9% in August: RBIBank credit growth strengthened across major sectors in August, with personal loans rising 16.9% year-on-year to ₹72.9 lakh crore, up from ...
NRE vs NRO FD TDS rules: Tax rate for NRIs, PAN rules, DTAA benefit and repatriation limitWhen it comes to Non-Resident External (NRE) and Non-Resident Ordinary (NRO) fixed deposits, understanding their distinct tax implications ...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsGiven the current market situation, no sector is immune from headwinds. The banking sector is no exception. There are clear short-term head...
SBI seeks clarity on handling of bank accounts, deposits under FCRA billState Bank of India officials are seeking clarity on handling accounts when an organization’s registration is suspended. They highlighted r...
SBI seeks clarity on bank accounts under proposed FCRA rulesState Bank of India presented to the Joint Parliamentary Committee regarding the Foreign Contribution (Regulation) Amendment Bill. Official...
Groom gets Rs 10 lakh cash and gold jewellery from wedding guests. Now he has to keep record of these gifts. But why?A wedding gift of ₹10 lakh in cash sounds like a reason to celebrate, but one woman's post about her cousin's gift has sparked a very diffe...
5 rule changes from October 1: SBI ATM charges, MDR on UPI, bulk FD rates, KYC for LPG subsidy and moreIn October 2026, significant changes to banking and finance regulations will take effect, impacting numerous services. Furthermore, the Res...
FD rate up to 8.3% for senior citizens investing for three years; know the list of banksFor senior citizens aged 60 and above, numerous banks are offering fixed deposit interest rates as high as 8.5%. Jana Small Finance Bank ha...
RBI bulletin: India's financial, external sectors continue to draw strength from resilient domestic economyIndia's economy is showing resilience despite global uncertainties and high geopolitical tensions affecting financial markets, RBI's bullet...
FD interest rate rules to change from October 1, 2026: Uniform interest rates on bulk deposits, daily rate updates and more that depositors need to knowEffective from October 1, 2026, the Reserve Bank of India will implement new rules concerning bulk fixed deposits. Every bank will be manda...
Banks likely to deploy FCNR(B) liquidity in coming months as festive credit demand rises: RBI Deputy GuvReserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deploymen...
FD-backed SBI credit card: Advantage SBI Card launched; who can benefit from it?SBI Card has introduced the Advantage SBI Card through the SBI YONO app, making it simpler than ever for customers to apply. This innovativ...
RBI revises FCNR(B) inflows upwards to USD 133 billion after robust response from NRIsRBI revised FCNR(B) deposit collections upwards to USD 133 billion. The scheme's closing date was advanced by one month following a strong ...
- 'FCNR haul to power HSBC's India wealth, retail banking push'
HSBC forecasts that foreign currency deposits will significantly enhance its operations in India. By securing $14.5 billion through a speci...
Up to 7.50% interest rate on 555-day FD: Check highest rates for general and senior citizensFD interest rates: Many banks are currently promoting compelling interest rates for 555-day fixed deposits. While general depositors can en...