The monetary policy is out and the repo rate is cut by 35 bps. But do you know what is repo? In this article, we will decipher some of the important RBI lingos. While there was a market expectation of a 25 bps, the Reserve Bank of India(RBI) surprised the market participants by cutting the […]
Sahamati and account aggregators will help to decrease the time needed for any financial activity, whether it is taking a loan or taking the services of a financial advisor. Highlights: What is Sahamati? Sahamati and account aggregators How did it originate? Who are these account aggregators? Will your data be safe? Sahamati is a non-profit […]
With ICICI Bank’s My Money, it is now easier to take control of our money by helping you to track your money and personal finances. At the end of the month, many of us have little clue on where our money went. Only if there was a better way to take control of our finances […]
ICICI Bank’s FD Interest Rate(Deposits up to Rs.2 crores) Rate of Interest (% p.a.) w.e.f June 17, 2019 Tenure Interest Rate 7 days to 14 days 4 15 days to 29 days 4.25 30 days to 45 days 5.5 46 days to 60 days 6 61 days to 90 days 6 91 days to 120 […]
FDs are eligible for TDS and it is taxed according to the tax slab. Fixed deposits are one of the most convenient and easiest ways to park your surplus cash. Because of the fixed rate of interest and capital safety, it is the most common and preferred saving option. While we know their features, […]
Here is the current FD interest rates offered by Citi Bank FD interest rates by Citi Bank Aug 2019 Tenure Interest Rate 7 – 10 Days 3.00% 11 – 14 Days 3.00% 15-25 Days 3.25% 26-35 Days 3.50% 36-45 Days 4.50% 46-60 Days 4.75% 61-90 Days 4.75% 91-120 Days 5.50% 121-150 Days 5.50% 151-180 […]
Small finance bank FDs, company FDs and post office time deposits are some of the few alternatives of bank FD. A fixed deposit is one of the simplest and easiest ways to save money. No wonder FDs has been the darling of the Indian masses since ages. With no risk to capital, fixed deposits […]
Many banks have cut their FD rate. Know the current FD rate offered by the banks. Come August, and your fixed deposits or FDs will fetch lower interest rates. Many banks such as SBI, HDFC and Bank of Baroda have recently cut their interest rate on fixed deposit effective from 1st August. The biggest bank […]
Think you can substitute a financial advisor? Think again. You might think that you will be able to do what a financial advisor does. After all, in 2019, when everything is available at the click of the button, how can a certified financial planner or IFA bring any value to you in the present circumstances? […]
Harry Potter is not just good to watch and read, it also comes with money tips. Now, say ‘evanesco’ (the vanishing spell) to your money problems. It’s Harry’s birthday on the 31st of July, and Potterheads around the world are gearing up for a celebration. It’s a day of jubilation following the heartbreak of not […]
