Fixed deposits are known for being a safe and reliable investment, offering steady returns and capital protection. In light of changing interest rates, Axis Bank now provides customers the opportunity to earn up to 7.75% on specific tenures. Axis Bank has increased its fixed deposit (FD) interest rates for select tenures, with the revised rates …
In a world filled with investment options ranging from risky markets to secure savings plans, Post Office savings schemes have consistently been a favored choice for risk-averse investors. Backed by the Government of India, these schemes provide a sense of security along with reasonable returns. Conservative investors prefer safe investment options that protect their capital …
I’m 35 and began investing in stocks 5 years ago. I’ve saved around Rs 10 Lakh, split between stocks (50%), fixed deposits (15%), mutual funds (25%), and sovereign gold bonds (10%). Now, I want to mix things up and try out different investment options. Where should I begin? After 30s, planning your money is highly …
As the financial year end 2023-24 is approaching, it’s highly important to seize each and every opportunity in order to save on taxes. “A penny saved is a penny earned”, as the saying goes tax planning is a way to save on taxes and boost your income. Even if you are a pro or a …
In today’s fast-changing world, the endeavor to effectively save and protect every hard money has become an increasingly challenging task. The fluctuating market conditions give birth to factors like inflation, recessionary cycles, fluctuating trade agreements, and geopolitical tensions making it even trickier to stay financially secure not only for young individuals but also for senior …
Explore SBI’s recent 2023 FD interest rate hike and its potential impact on investors along with discover why FDs remain a preferred choice among investors
