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Raid on MP engineer's houses net Rs 10-cr assets

Lokayukta Police on Saturday raided houses of an Assistant Engineer at Indore and Chhindwara districts of Madhya Pradesh and detected assets worth nearly Rs 10 crore, besides unearthing huge amount......

Why FDs are still the most popular saving options

They have given you much fewer returns over the past 40 years compared to many asset classes; yet, bank fixed deposits remain one of the most popular investment options. For, they are perceived to......

Debt-funds can be an attractive alternative to fixed deposits

Bank FDs are thought of as the closest to risk-free returns for individuals, though these are technically guaranteed only until an upper limit of Rs 1,00,000 an individual, says Devangshu Datta.......

Bank FD scam gets bigger, 9 FIRs filed

The fixed-deposit fraud at banks is getting bigger. The economic offences wing of the Mumbai Police on Thursday said it had filed nine first information reports against several bank officials for......

Risk-free returns aren't enough

Investors continue to prefer bank fixed deposits and insurance as investments, rather than focusing on boosting of returns. A large chunk of investment choices are in low-yielding assets and that......

High rates on savings a/c help banks grow deposits

Banks offering a higher rate on savings bank deposits have seen robust growth in the past year but the momentum might get slower as interest rates turn more benign.Following deregulation of the......
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Here's how to make your savings earn more for you

With repo rates lowered by 50 basis points earlier this week, the RBI has set the tone for lower rates. It has lowered rates by 125 basis points... ...
Lock it fast, time running out

Deposit rates are the first to get hit by a cut in interest rates by banks. On Tuesday, State Bank of India was the first to announce a 40 basis... ...
IDFC Bank Ltd personal banking products

IDFC Bank Ltd launched its operations on Thursday. It is one of the two banks—Bandhan Bank Ltd being the other one—that received licences from... ...
Fujitsu Refreshes Mobile and Desktop Portfolio for the Enterprise

From the Wires Sep. 29, 2015 11:53 AM SUNNYVALE, Calif. , Sept. 29, 2015 /PRNewswire/ -- News facts: Latest technology improves... ...
Low credit score? Use asset-backed (secured credit cards

Asset backed credit score can help you to build your credit repayment history, which in turn helps you to improve your credit score over a medium... ...

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