Savings & Deposits News India
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FDs, PPF, RD, high-yield savings accounts and deposit rate updates.
📰 Latest Savings & Deposits News
Senior Citizen FD Rates 2026: Who Pays 8.50%?
Small finance banks like Equitas, ESAF, and Suryoday are offering 8.50% FD rates for senior citizens in 2026. PSU banks like Bank of India also offer competitive rates on select tenures. Here's how to compare and pick safely.
Wealth-Economic TimesPaytm Digital Gold: Is Your ₹500 Stack Worth It?
Paytm now lets users convert their Digital Gold balance into CaratLane jewellery. Sounds handy — but before you tap 'redeem', here's what you need to know about charges, tax, and whether Digital Gold was ever the right savings tool for you.
NDTV Profit - LatestFCNR Rates Cut: What Your NRI Family Earns Now?
Major Indian banks have cut FCNR(B) deposit interest rates from September 2026 after a government hedging support scheme ended. If your NRI family parks foreign currency in Indian banks, returns will be lower now.
Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance News₹6.65L Cr Surplus: Will Your FD Rate Drop Next?
India's banking system is sitting on a ₹6.65 lakh crore cash surplus, partly driven by NRI money flowing into FCNR(B) deposits. When banks have too much cash, FD rates tend to fall and loan rates may soften — here's what that means for your savings and EMIs.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineBonds vs FDs: Where Should Your ₹1L Go in 2025?
Big Indian companies are issuing long-term bonds because borrowing costs are falling. This creates a real opportunity for regular investors to lock in decent returns before rates drop further — but there are risks to understand first.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineSenior Citizens: Earn 8.50% FD — Which Bank?
Senior citizens can earn up to 8.50% per year on fixed deposits right now. Small finance banks are leading with the best rates, while big private and public sector banks offer 7–7.75% on select tenures. Knowing where to park your money matters a lot.
Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance News8.50% FD Rate: Is Your Senior Citizen Getting This?
A small finance bank is now offering up to 8.50% per year on fixed deposits for senior citizens and 8.25% for regular customers. If your FD is sitting in a big public sector bank at 6-7%, you could be leaving thousands of rupees on the table every year.
Wealth-Economic TimesFCNR(B) FDs: Lock NRI Rates Before Aug 31 Deadline
NRIs can deposit foreign currency in Indian banks via FCNR(B) accounts and earn high interest. A government hedging support scheme ending August 31 is pushing banks to offer elevated rates right now — but the window is closing fast.
Wealth-Economic TimesFCNR Deposits: 19X Leverage Risk NRIs Miss
FCNR deposits look safe for NRIs — good interest, no tax in India. But using them as loan collateral at 19X leverage can wipe out your savings if the rupee moves against you. Here's what to know before you sign.
Wealth-Economic TimesICICI Raises $750M Abroad: Is Your FD Rate Falling?
ICICI Bank raised over ₹6,200 crore from foreign investors through overseas bonds. When big banks borrow cheaply abroad, they feel less pressure to offer you high FD rates at home. Here's what it means for your savings.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineBig FD Portfolio? 3 Tax Rules Draining Your Returns
Fixed deposits are popular in India, but many people don't realise how much tax they quietly pay on FD interest. Here's how FD taxation works, what TDS means for you, and how to legally reduce your tax burden on large FD portfolios.
mint - moneyFD Rates 2025: Which Banks Pay You 9%+?
Several small and mid-size banks are offering FD rates above 9% per year in 2025. Big banks like SBI pay much less. Here's how to find the best rate for your money without taking unnecessary risk.
mint - moneyFCNR(B) FD Early Exit: What Your Bank Charges?
NRIs who break their FCNR(B) fixed deposit before maturity face penalties ranging from zero interest to heavy deductions. Rules vary widely across HDFC Bank, SBI, ICICI Bank, Axis Bank, and Kotak. Know the rules before you act.
Wealth-Economic TimesChild's PPF Looted by Parent? Your ₹8L Is at Risk
A father withdrew his daughter's entire PPF balance during a family dispute. Courts had to step in. Here's what the law actually says about who can touch a minor child's PPF — and how to protect it.
Wealth-Economic TimesFather Drained Her PPF? Court Says Pay It All Back
A Delhi High Court ruling confirms that a PPF account belongs solely to the account holder. Not parents, not spouses — nobody else can legally withdraw from your PPF, even for family maintenance claims.
mint - moneyFCNR(B) FD Rates 2025: Is Your NRI Money Earning Enough?
NRIs can lock US dollars or other foreign currency in Indian bank FDs called FCNR(B) accounts. Rates vary across banks — PNB is currently among the highest at 6.50% per year. Here's what NRIs and their Indian families should know.
Wealth-Economic TimesPhonePe FDs: Are You Getting the Best Rate?
PhonePe now lets you compare and book fixed deposits from multiple banks and NBFCs inside its app. You can potentially earn higher interest than your regular savings bank FD — without visiting a branch.
mint - moneyFD Rates 2025: Are You Earning 9.5% or Settling for Less?
FD interest rates vary widely across Indian banks right now. Small finance banks and private banks are offering up to 9.5% p.a., while big public sector banks sit around 6.5–7%. Picking the right bank and tenure could mean thousands of extra rupees every year.
mint - moneyHDFC's New Savings Accounts: Are You Missing Free Perks?
HDFC Bank has launched two new savings accounts — one for women, one for seniors — bundling free insurance, cyber fraud protection, and Auto Sweep interest benefits. If you or a family member qualifies, switching could add real value at no extra cost.
mint - moneyRBI's FD Overhaul: 5 Rules Hitting Your SFB Deposits
From October, RBI's new rules change how small finance banks set and share FD interest rates. If you have an FD in a small finance bank, these five changes directly affect how much you earn and what information the bank must show you upfront.
mint - moneyFCNR(B) FD Rates Hit 6.50%: Which Bank Wins?
NRIs can now earn up to 6.50% on FCNR(B) fixed deposits in foreign currency. Punjab National Bank currently leads the pack for 5-year tenures, with HDFC Bank and ICICI Bank also offering competitive rates. Here's what NRI families in India need to know.
Wealth-Economic TimesBig Investor Exits Paytm: Is Your Money App Safe?
Elevation Capital sold ₹2,038 crore worth of Paytm shares in one day. If you use Paytm for payments, wallet, loans, or investments, here is what a major investor exit actually means for your daily financial life.
Inc42 MediaSBI's RD Scheme: Build ₹1 Lakh on ₹500/Month?
SBI's Har Ghar Lakhpati is a Recurring Deposit scheme designed to help ordinary savers build ₹1 lakh or more through small monthly contributions. Here's how it works, who can open one, and whether it's worth your money.
Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance NewsRBI LCR Rule: Will Your FD Rate Change Now?
RBI has tweaked its liquidity rules, letting banks offer different interest rates on large bulk deposits based on their funding risk. This could nudge banks to quietly reprice retail FD rates too — up or down.
mint - moneyNBFC FDs Hit 7.40%: Is Your Savings Rate Keeping Up?
Sundaram Home Finance has raised FD interest rates by up to 0.25%. Regular investors can now earn 7.25% for 3-year deposits and 7.40% for 4 and 5-year deposits. If your bank FD pays less, it may be time to compare alternatives.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineNRE FD Rates Hit 7.60%: Is Your NRI Money Earning?
AU Small Finance Bank raised NRE FD rates to 7.60% and FCNR rates to 7.40%. If you have family abroad or are an NRI, these tax-free deposits are worth a serious look right now.
Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance NewsIDFC FIRST Profit Soars: Is Your FD Rate Still Good?
IDFC FIRST Bank's profit more than doubled in just one year. When a bank gets healthier, it can change FD rates, loan rates, and service quality — here's what this means for your money.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineNRE vs NRO FD: Which Account Earns You More?
If you live abroad and want to invest in Indian fixed deposits, choosing between NRE and NRO accounts can make a big difference to your take-home returns. One is tax-free and fully moveable; the other is taxable but accepts Indian income.
Wealth-Economic TimesIndusInd Bank Rebounds: Is Your FD Rate Safe Now?
IndusInd Bank reported a 72% rise in quarterly profit as bad loans reduced. But margins are still under pressure. Here is what this turnaround means for customers holding FDs, loans, or credit cards with the bank.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineFCNR Deposits: Can NRIs 5x Their ₹ Returns?
Small and mid-sized private banks are now offering NRIs access to leveraged FCNR(B) deposits via GIFT City units — letting NRIs deposit more than they actually have, chasing higher returns on 3-5 year tenors.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLine