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
Fixed deposits with maturity ranging from five years and one day to 10 years will fetch 5.75% interest compared with 5.6% earlier.
State Bank of India has hiked interest rates on fixed deposits across various tenors.
Given the abysmally low returns, is it better to keep the money in savings bank accounts or bank fixed deposits?