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Ask Us: On investments - The Hindu

Ask Us: On investments - The Hindu
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

Deposit dilemma

Deposit dilemma Are you worried about negative returns, flat interest rates? Here s how to get more out of fixed deposits Adhil Shetty   |     |   Published 07.06.21, 12:13 AM On Friday, the Reserve Bank of India decided to keep policy rates unchanged. It is the sixth straight time they have done so. Rarely does the central bank put a pause on policy rates for so long something it has done to accommodate economic revival. Policy rates impact lending and deposit rates in the country. While paused rates keep loans cheap, they also lower the returns on bank deposits. This hurts anyone reliant on fixed income from interest-generating instruments such as fixed deposits.

Good news for senior citizens! THIS govt scheme offers 7 4% returns: Check eligibility, investment and more

Small savings may be rewarding

Small savings may be rewarding Updated: Updated: May 23, 2021 21:42 IST With the possibility of a downward revision in rates looming, it’s time to consider your options here Share Article AAA With the possibility of a downward revision in rates looming, it’s time to consider your options here We are all aware of the flurry of activity that happened at the start of the current financial year: interest rates on Small Savings Schemes, of which the Post Office Schemes are a part, were reduced drastically through a government notification, on March 31. The very next day, the order was withdrawn and the erstwhile rates were maintained.

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