Savings & Deposits News India
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FDs, PPF, RD, high-yield savings accounts and deposit rate updates.
📰 Latest Savings & Deposits News
IndusInd 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.
Wealth-Economic TimesDormant PPF Account? Revive It in 4 Steps
If you skip even one year's minimum PPF deposit, your account goes dormant and you lose borrowing rights, partial withdrawal access, and extension benefits — but revival is possible with a small penalty.
Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance NewsNRE vs FCNR(B) FD: Which Earns You More in 2025?
NRIs can park money in India via NRE or FCNR(B) fixed deposits. Both are tax-free and fully repatriable, but they differ on currency risk, interest rates, and who should pick which one.
Wealth-Economic TimesRupee Drops Sharply: Does Your EMI Cost More?
The Indian rupee fell sharply against the US dollar in a single day, driven by rising crude oil prices and higher government bond yields. This makes imports costlier, pushes up inflation, and could eventually affect your EMIs and daily expenses.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLinePSU Bank Loans Booming: Are You Getting Best Rate?
Public sector banks like Bank of Maharashtra are growing fast, with loans and deposits rising sharply. This means more competition for your business — and potentially better loan rates and deposit offers for you right now.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineEarn Under ₹12.75L? You May Still Owe Tax
The 2025 Budget made income up to ₹12 lakh tax-free for salaried people. But if you also earn from FD interest, rent, or freelance work, that extra income adds up — and you may still owe tax when filing your ITR.
Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance NewsPSU Banks Grow Loans 18%: Can You Grab a Better Deal?
Government-owned banks kicked off FY27 with strong loan growth, especially in home, personal, and small business loans. But deposits are not keeping up, which could quietly push your borrowing costs up later.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLinePrivate Banks Growing Fast: Is Your FD Rate Keeping Up?
Private sector banks are seeing strong growth in deposits and loans. That means more competition for your money — and a chance to negotiate better FD rates and loan deals if you know where to look.
Latest Money & Banking, Financial News Today - news | The HinduBusinessLineRBI Floating Bond at 8.05%: Is Your FD Losing?
The RBI Floating Rate Savings Bond still pays 8.05% interest per year. It automatically stays 0.35% above the NSC rate. If you have spare savings sitting in a bank FD earning less, this bond could earn you more — safely.
Wealth-Economic Times₹97,000 Crore Exit: Is Your Debt Fund SIP Safe?
Debt mutual funds saw massive outflows in May, but most exits were by big institutions — not regular investors like you. Experts say debt funds remain useful for steady, tax-smart savings goals.
mint - moneyNRI Deposit Rates Rise: Is Your Property Plan Worth It?
RBI recently allowed banks to offer higher interest rates on NRI deposits. This makes bank FDs more attractive for overseas Indians — but experts say real estate in India is still a strong long-term bet. Here is what NRIs and their families in India need to know.
Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance NewsPPF Early Exit? Your ₹50L Corpus Shrinks by ₹50K
You can exit your PPF before 15 years, but there's a real cost. After year 5, partial withdrawals are allowed. Full closure before maturity cuts your interest rate by 1% — on big corpuses, that's a serious loss.
mint - moneySenior Citizen FDs Hit 8.05%: Is Your Money Working?
Senior citizen fixed deposit rates are as high as 8.05% right now at some banks. If your parents or in-laws have money sitting in a savings account, they could earn much more by moving it to the right FD.
Wealth-Economic TimesRetire on Rent: Is Your Property Earning Enough?
Real estate feels like the safest retirement income plan, but rental yields in India are low. Before betting your retirement on property, understand the real numbers, hidden costs, and smarter ways to make it work.
freefincalNRI Dollar Deposits: Earn 6.25% — Is It Worth It?
Bank of Baroda has launched a new FCNR(B) scheme for NRIs offering up to 6.25% per year on US dollar deposits. These deposits are tax-free in India and protected from rupee depreciation — making them worth a close look for Indians living abroad.
Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance NewsIdle Savings Earning 2%? Sweep Funds Offer 6.5%
JioFinance now lets users automatically move extra savings into an overnight mutual fund that earns higher returns than a regular savings account, while keeping money instantly accessible whenever needed.
Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance News