Search For "deposits"
Savings Plan vs Term Insurance: What Budget 2025 Means for Your Financial
Updated : 6 months, 3 weeks ago IST
New Delhi [India], August 21: As India looks back at the 2025 Union Budget, investors are taking a long hard look at their finances. Understanding the distinct roles of a savings plan and term insurance is now more critical than ever. Budget policies and tax incentives shape your savings and
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Axis Bank Introduces Industry-First 'Lock FD' Feature to Safeguard Term De
Updated : 7 months, 1 week ago IST
Mumbai (Maharashtra) [India], August 6: Axis Bank, one of the largest private sector banks in India, today announced the launch of an industry-first feature - 'Lock FD', designed to protect customers' term deposits from rising digital frauds. This innovative feature, available on the Bank's
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Why should you invest in the Bajaj Finserv Equity Savings Fund?
Updated : 7 months, 1 week ago IST
Pune (Maharashtra) [India], August 4: Bajaj Finserv Asset Management Limited has launched a new mutual fund scheme for investors who want to grow their wealth steadily in long term while keeping their risk in check; the Bajaj Finserv Equity Savings Fund. The New Fund Offer of this scheme ope
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Indian banks need to improve deposit strategies with volatile interest rat
Updated : 8 months, 1 week ago IST
As Indian savers increasingly explore mutual funds, pensions, and direct investments, among others, banks will need to leverage data science to understand depositor behavior and tailor their products, a Boston Consulting Group (BCG) study suggest.
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Chief Minister Sukhvinder Singh Sukhu orders CID probe into wood deposits
Updated : 8 months, 1 week ago IST
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has directed a CID investigation into the large quantity of wood found deposited at the Pandoh Dam following a recent flood.
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FD App Vs Traditional Fixed Deposits: Which One Is Better for Investment?
Updated : 8 months, 2 weeks ago IST
Pune (Maharashtra) [India], July 3: Fixed Deposits (FDs) have been a secure and reliable investment for Indians across generations. This financial instrument encourages savings with low risk against market volatility. Now, with an FD app, booking a deposit is easier than ever. With digital t
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Over 72% growth in India's overseas financial assets was due to investment
Updated : 8 months, 2 weeks ago IST
India witnessed a strong increase in its overseas financial assets during the financial year 2024-25, mainly driven by higher overseas direct investments, currency and deposits, and reserve assets, according to the latest data released by the Reserve Bank of India (RBI).
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Explore A New Way to Invest In Fixed Deposits on the Wizely App
Updated : 8 months, 2 weeks ago IST
Pune (Maharashtra) [India], June 30: A fixed deposit is a trusted and secure option for risk-averse individuals. With time, technological advancements have modernised this investment avenue. Today, one no longer needs to visit a bank and complete lengthy paperwork to open a fixed deposit. In
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Smart Fixed Deposit Savings Made Simple With The Wizely App
Updated : 8 months, 2 weeks ago IST
Pune (Maharashtra) [India], June 27: In 2023, Indians invested over Rs. 103 trillion in Fixed Deposits (FDs), as per Business Today. Fixed deposits account for nearly 40% of the annual distribution volume of financial products, and the shift toward digital solutions is transforming how India
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ED seizes assets worth Rs 32 lakh, liquor bottles in probe against Himacha
Updated : 8 months, 3 weeks ago IST
The Enforcement Directorate's Chandigarh Zone seized two vehicles worth around Rs 32 lakh, over 40 bank accounts, fixed deposits, and three lockers linked to Assistant Drug Controller in Dharamshala, Nishant Sareen, and his family.
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Govt banks are disadvantaged over private banks because of their dependenc
Updated : 8 months, 3 weeks ago IST
Public sector banks (PSBs) in the country rely more on deposits as compared to private banks whereas private sector banks, on the other hand, actively use borrowings to manage their funding needs, according to a report by HDFC Securities.
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Private banks increased market share in total deposits while PSBs loses 60
Updated : 8 months, 3 weeks ago IST
Private banks in India have been steadily increasing their share in total bank deposits over the last five years, while public sector banks (PSBs) have witnessed a decline, according to data shared by Union Bank of India.
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