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Post Office Time Deposits are offering higher interest rates than most bank fixed deposits, drawing attention from investors ...
Post Office Time Deposit Calculator 2023: The investments made for 5 year Post Office Time Deposit accounts qualify for exemption under section 80C of Income Tax Act, 1961.
Bank's gross advances stood at Rs 26.53 lakh crore at the end of Q1FY26. In the same quarter of FY25, the bank’s gross ...
A time deposit is an interest-bearing bank account that has a specific date of maturity, such as a certificate of deposit (CD).
While banks cut interest rates on their fixed deposits (FDs), investors can consider investing in small savings schemes such as National Savings RD and national savings time deposit account and ...
RBI to tighten remittance rules, bar offshore time deposits The RBI will amend regulations to prevent overseas transfers from being used to park money in time deposits or other interest-bearing ...
RBI will amend regulations to prevent overseas transfers from being used to park money in time deposits or other interest-bearing accounts abroad, one of the sources said.
India's central bank plans to tighten rules for overseas remittances by resident Indians, barring them from holding foreign currency deposits with lock-in periods, two government sources said. The ...
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Overseas investments by individuals fall under the central bank's Liberalised Remittance Scheme (LRS) — which allows resident ...
MUMBAI – India’s central bank is moving to tighten its grip on how resident Indians send money abroad, with new rules expected to bar them from holding foreign currency deposits that have ...