Savings & Deposits News India
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FDs, PPF, RD, high-yield savings accounts and deposit rate updates.
📰 Latest Savings & Deposits News
Child'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 HinduBusinessLineNRO FD Rates Hit 6.75%: What's Left After Tax?
Major Indian banks are offering up to 6.75% interest on NRO fixed deposits in 2026. But NRIs must know that heavy TDS and currency risk can eat into real returns. Here's how to make the most of your Indian income parked in India.
Wealth-Economic TimesCredit Outpaces Deposits: Is Your FD Rate Losing?
Banks are lending money faster than they are collecting deposits. This gap means banks may compete harder for your savings — but global risks could keep FD rates under pressure anyway.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineGifting to Your NRI Kid? 3 Tax Rules to Know
Sending money to your NRI child is tax-free as a gift. But where they park that money in India matters hugely — NRE accounts are tax-free while NRO accounts are not.
mint - moneyCentral Bank Posts 13% Profit Jump: Your FD Rate Next?
Central Bank of India earned ₹1,324 crore profit in Q1 FY27, up 13% year-on-year. When a public sector bank gets healthier, it can offer better deposit rates and cheaper loans — here is what to watch for as a customer.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineNPS Remittance Late? Your Employer Owes You 7.1%
If your employer or government department delays depositing your NPS contribution past the deadline, they must pay you interest at 7.1% per year for the entire delay period. The Finance Ministry has now warned errant officials of strict penalties.
mint - moneyNRI Deposits Surge: Will Your FD Rate Rise Soon?
RBL Bank is tying up with Emirates NBD to attract more NRI money through FCNR deposits. When banks chase foreign deposits aggressively, domestic FD rates and lending margins often shift — and that affects your savings and loans.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineInflation Tops 4%: Will Your FD Rate Rise?
India's inflation has crossed the RBI's 4% target, which could push banks to raise fixed deposit rates. Here's what that means for your savings and what to do before rates move.
Wealth-Economic TimesBanks Chasing NRI Funds: Is Your FCNR Rate Better?
Indian banks are racing to attract NRI deposits using a special RBI window. This could mean better interest rates on FCNR accounts — good news if you or your family abroad want to park foreign currency in India safely.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineIDBI Bank Sale: What You Must Know Before It Changes
India's government is close to selling its stake in IDBI Bank to a private buyer. If you hold accounts, FDs, or loans with IDBI Bank, here's what this ownership change could mean for your money and services.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineNRE FDs at 6.70%: Are You Earning Tax-Free Returns?
NRIs can park foreign money in Indian rupee fixed deposits called NRE FDs. Interest earned is completely tax-free in India, and you can send the money back abroad anytime. Rates now go up to 6.70% per year.
Wealth-Economic TimesDelhi Lakshmi Yojana: Is Your Family Eligible for ₹2,500?
Delhi government is giving ₹2,500 every month to eligible women under the Lakshmi Yojana. If you live in Delhi, check if your family qualifies — this is real cash, not a coupon or subsidy voucher.
mint - moneyHDFC Bank CEO Pay vs Your FD Rate: Fair Deal?
HDFC Bank's top executives earned crores in FY26 while retail FD rates have been sliding. Here's what bank executive pay trends actually signal about where your savings and loan rates are headed.
NDTV Profit - LatestSenior Citizen FDs Hit 8.30%: Is Your FD Earning Less?
Some banks and NBFCs are now offering senior citizens up to 8.30% interest on fixed deposits. If your FD is earning less, it may be time to compare and reinvest before rates drop further.
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