SBI bats for tax parity of FDs with mutual funds, stocks
The government should tweak the tax rate on interest earned from fixed deposits, says SBI's group chief economic adviser
The government should tweak the tax rate on interest earned from fixed deposits, says SBI's group chief economic adviser
RBI report shows women account for 39% (₹37 lakh crore) of overall individual deposits
FDs with tenure of over 15 months will fetch 7% interest.
Here's a detailed comparison of fixed deposit interest rates offered by India's top three banks.
Given the abysmally low returns, is it better to keep the money in savings bank accounts or bank fixed deposits?
As per the bank's website, fixed deposits with maturity ranging from five years and one day to 10 years will fetch 5.60% interest.
As fixed deposit rates are at a historic low, savvy investors could look at other high-return investment alternatives, including the equity markets, says Zerodha’s Nikhil Kamath.