Rack up a high 5.06% APY rate for this 7-month CD. You’ll only need to meet the $500 deposit minimum to open an account and ...
The country’s two stock exchanges logged operating losses in the last fiscal year thanks to sluggish trading activities, ...
Conclusion: The matter was remanded back to AO to review the non-taxability of interest from Fixed Deposit Receipts (FDRs) as ...
Non-operating income from FDRs, which stood at Tk168 crore in FY23 and Tk170 crore in FY22, continues to be the crutch supporting the organisation’s bottom line ...
NBFCs must acknowledge receipt of nomination forms ... and improve transparency, making fixed deposits a more user-friendly ...
Gift: From January 1, 2025, RBI introduces revised regulations for fixed deposits from NBFCs and HFCs. Notable changes ...
As per the guidelines by RBI, depositors may withdraw the full amount of small deposits (up to Rs 10,000) within three months ...
changed their fixed deposit interest rates. These changes have implications for the general public's and senior citizens' savings. One of the most widely chosen investment options is a fixed ...
A Fixed Deposit (FD) offers the perfect solution, combining guaranteed returns with minimal risk. This financial product is particularly suited for long-term savings, ensuring your child's ...
According to the IDBI Bank website, “Bank will levy a penalty of 1%, on the applicable rate for deposits closed prematurely. Such closures include the withdrawals through sweep-ins and partial ...