Kotak Mahindra Bank raises FDs rates across tenures by up to 85 bps
FD rates for senior citizens have been increased by up to 85 basis points (bps) across tenures, the bank said in a press release
Source: moneycontrol.com
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How to close a bank FD: Forms and documents to be submitted, interest rate
How to close a bank FD (whether opened online or offline by visiting a bank branch), both on maturity and premature closure.
Source: indiatimes.com
Yes Bank hikes fixed deposit (FD) rates. How they compare with SBI, HDFC Bank, ICICI Bank
Yes Bank hikes fixed deposit interest rates on selected tenure for deposits below ₹2 crore.
Source: livemint.com
How to get the best from your fixed-income investments
Debt instruments are crucial in financial markets. They offer stable and reliable income, facilitate capital-raising, contribute to economic growth and diversify investment portfolios
Source: moneycontrol.com
Income tax implications of investing in shares, mutual funds, bank FDs in child's name
Investments in the name of minor childrens for future expenses like college education, marriage, others can be done in many instruments including shares, mutual funds, bank fixed deposit (FD), post office schemes among others. Further if the income of a child is clubbed with the parent then a tax exemption is also given.
Source: indiatimes.com