Page 4 - Latest Updates on Fixed Deposit
Ladder your fixed deposits to avoid the risk of reinvestment: Experts
Debt fund investors should keep the bulk of their investments in shorter-duration funds, 10-20% in longer-duration ones
 "Ladder your fixed deposits to avoid the risk of reinvestment: Experts")
Wish to shun market volatility? Go for insurers' assured return plans
Check the return for your age, tenure, and premium variant, and if proceeds will be tax-free
 "Wish to shun market volatility? Go for insurers' assured return plans")
Returns on small savings remain attractive despite no rate reviews
Investors who want to avoid their long lock-in can choose from a host of other high credit quality options
Yes Bank launches FD linked to repo rate, with mark-up of 1.1-1.6%
Lender also raises interest rates on standard FDs, capping them at 6.5% for regular customers, 7.25% for seniors
 "Yes Bank launches FD linked to repo rate, with mark-up of 1.1-1.6%")
Opt for 3- to 6-month fixed deposits for now; lock in at higher rates later
Home loan borrowers must pre-pay, or opt for higher EMI, to prevent loan tenure from rising
 "Opt for 3- to 6-month fixed deposits for now; lock in at higher rates later")
New-to-credit customer? Opt for a secured credit card, say experts
BNPL, small-ticket consumer loans are other options to build credit history
 "New-to-credit customer? Opt for a secured credit card, say experts")
A snapshot of Fixed Deposit rates offered by various banks with details
Here is how the fixed deposit rates offered by various banks stack up
SBI hikes interest rates on fixed deposits by up to 10 basis points
State Bank of India, the country's largest lender, on Saturday increased interest rates on fixed deposit (FD) by upto 10 basis points or 0.10 per cent.
 "SBI hikes interest rates on fixed deposits by up to 10 basis points")
A snapshot of fixed deposit rated offered by banks and other details
Here is how the fixed deposit rates offered by various banks stack up
Bank FD to fetch negative real interest with elevated inflation
The Reserve Bank of India (RBI) in its latest monetary policy review has projected retail inflation at 5.3 per cent for the current financial year.
 "Bank FD to fetch negative real interest with elevated inflation")
Bank FDs in spotlight as returns of liquid funds hit two-decade low
1-year returns down to less than 3.5%, below short-term rates offered by banks on FDs
 "Bank FDs in spotlight as returns of liquid funds hit two-decade low")
No ITR for those of 75 years and above if pension, FD interest in same bank
Senior citizens of 75 years and above having pension income and interest from fixed deposit in the same bank would not be required to file income tax returns for the financial year beginning April 1
 "No ITR for those of 75 years and above if pension, FD interest in same bank")
Genex to provide FD of Rs 11,000 to girl child to promote gender equality
Genex Child Development Programme, that works on gender equality, said it will provide a fixed deposit of Rs 11,000 to every girl child born in India, whose parents register for the initiative
 "Genex to provide FD of Rs 11,000 to girl child to promote gender equality")
Risk and return: Make the right trade-off
An SIP in an equity fund can reduce the average cost of investing and boost return. But it can't eliminate the risk of loss of principal
Major relief for senior citizens as SBI offers 80 bps more on FDs
SBI's new product offers good rates but SCSS and RBI's savings bonds are more attractive
 "Major relief for senior citizens as SBI offers 80 bps more on FDs")
Good time to opt for voluntary provident fund to enhance returns
Liquidity is an issue, but it scores on other parameters
 "Good time to opt for voluntary provident fund to enhance returns")
For the broking industry, fears of liquidity drying up loom large
Brokers have blocked payouts to YES Bank accounts and disabled YES Bank in the payments gateway
 "For the broking industry, fears of liquidity drying up loom large")
Need emergency money? Don't break fixed deposit, borrow against it
Loan rate is 100-200 basis points higher than the FD rate
 "Need emergency money? Don't break fixed deposit, borrow against it")
Financial gifting can have roadblocks, especially if the recipient is minor
Stocks can be easily transferred, but gifting mutual funds and life insurance to distant relatives, family or friends is more complicated
 "Financial gifting can have roadblocks, especially if the recipient is minor")
BS Fund Manager: Can mutual funds win back the confidence of investors?
Given the recent credit events and equity market volatility, the going may not be easy for fund houses
 "BS Fund Manager: Can mutual funds win back the confidence of investors?")
