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SPECIAL FIXED DEPOSIT SCHEMES
A month after RBI’s rate hike, banks start raising deposit rates as liquidity shrinks, Bank of India the latest to moveDomestic banks are beginning to increase their deposit rates due to shrinking liquidity conditions in the market. Bank of India recently an...
PNB, Canara Bank revise FD interest rates: Senior citizens can earn up to 7.25%; compare latest ratesHIghest FD interest rate: Punjab National Bank and Canara Bank have updated their fixed deposit interest rates effective from November 2026...
EPFO’s WhatsApp service: You can check EPF balance, view last 5 transactions and download passbook by sending messageThe launch of the EPFO WhatsApp service was announced by Union Minister Mansukh Mandaviya. This new feature empowers subscribers to easily ...
Govt set to tweak MSP norms for periodic price hikes of minor forest productsThe Centre is planning to restructure the minimum support price mechanism for minor forest produce. This change aims to provide periodic hi...
8th Pay Commission: 6 key demands by Railway employee's body; better pay, merging of pay scales, hardship allowance and more8th Pay Commission news: The All India Railwaymen's Federation has made significant recommendations to the 8th Pay Commission. Higher pay s...
Bank of India revises FD interest rates: Launches 500-day fixed deposit offering 7.35% rate to senior citizensBank of India latest FD interest rates: Effective November 2, 2026, Bank of India has revised its fixed deposit interest rates across vario...
Elon Musk says saving for retirement may become pointless. How AI and robots could change the future of moneyElon Musk envisions a future where breakthroughs in artificial intelligence lead to a surplus of goods and services. He suggests that, as a...
Has EPFO extended ECR filing deadline from October 31, 2026? What employers need to knowEmployers must file the Electronic Challan-cum-Return for September 2026 by October 31, 2026. The EPFO extended the previous deadline to ac...
FCNR bounty in Q2 masks bank issues in growing depositsAn analysis of 10 banks shows that reported deposit growth averaged 21.1% year-on-year during July-September. However, excluding the specia...
Bank of Baroda Q2 profit jumps 36% to Rs 6,532 crore on NSE stake saleBank of Baroda reported 36% year-on-year profit growth to Rs 6,532 crore in Q2FY27, boosted by NSE stake sale gains and higher interest inc...
Bank loans against fixed deposits surge 53% to Rs 2.17 lakh crore on FCNR-B leverage playBy the close of September, loans against fixed deposits experienced a striking 53% year-on-year spike, reaching Rs 2.17 lakh crore. The dem...
India’s forex reserves fall $1.2 billion to $719.74 billion as of October 24India’s foreign exchange reserves fell by $1.2 billion to $719.74 billion in the week ended October 24, according to the RBI. The decline f...
PNB credit card changes from November 1, 2026: Bank to revise Visa, RuPay card charges for ATM withdrawals, late payment fees, utility bill payments and morePunjab National Bank will implement revised charges for credit card services on November 1, 2026. Changes will include increased fees for c...
Best short duration debt mutual funds to invest in October 2026Short duration mutual funds invest in both short term bonds and very short term instruments. They invest in treasury bills, commercial pape...
Rs 36.4 lakh fraud in Post Office through NSC and term deposit: India Post employees convicted; Madhya Pradesh HC grants relief to depositorsEmployees at the Bina branch of India Post defrauded depositors out of Rs 36.4 lakh through forged documents. The Madhya Pradesh High Court...
UK Budget: What is the ‘Your First Home’ scheme announced by Chancellor John Healey? Check eligibility, property price limits, and other detailsUK Chancellor John Healey announced a new scheme named Your First Home to support first-time homebuyers. This initiative allows eligible bu...
Latest FD interest rates after recent rate changes: ICICI Bank, Indian Bank, SBI and HDFC BankSeveral banks including ICICI Bank and Indian Bank have increased their fixed deposit interest rates recently. The Reserve Bank of India ra...
FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday KotakUday Kotak has described India’s $130-billion-plus FCNR(B) mobilisation as a “strong insurance policy” against global shocks, but warned th...
Banks seek relief from sustainable lending norms for FCNR(B) loansBanks have approached the International Financial Services Centres Authority regarding sustainable lending targets for international bankin...
Indian Bank raises deposit rates by 15 basis pointsIndian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk...