Search For "fds"
ED seizes bank accounts, FDs, bonds worth Rs 590 crore under FEMA in crack
Updated : 2 months, 1 week ago IST
The Enforcement Directorate (ED) has seized bank accounts, fixed deposits, mutual funds and bonds of Winzo Pvt Ltd and its subsidiary Zo Pvt Ltd of Rs 590 crore under the Foreign Exchange Management Act (FEMA), 1999, the agency said on Thursday.
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Axis Bank Introduces Industry-First 'Lock FD' Feature to Safeguard Term De
Updated : 9 months, 3 weeks 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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FD App Vs Traditional Fixed Deposits: Which One Is Better for Investment?
Updated : 10 months, 4 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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Smart Fixed Deposit Savings Made Simple With The Wizely App
Updated : 11 months 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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Cut In Repo Rate: Know Why Booking FD On Wizely App Now Can Be Smart
Updated : 11 months, 3 weeks ago IST
Pune (Maharashtra) [India], June 9: To manage inflation and maintain economic stability, the Reserve Bank of India (RBI) updates the repo rate periodically. This shift in monetary policy has significant implications for various financial instruments, particularly Fixed Deposits (FDs). For po
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Fibe Unveils Digital FDs, Strengthening Its Role as a One-Stop Financial P
Updated : 11 months, 4 weeks ago IST
Mumbai (Maharashtra) [India], June 3: Fibe, one of India's leading digital lending platforms, has forayed into the investment space with the launch of its next-generation Digital Fixed Deposit (FD) offering. Designed with enhanced convenience and accessibility, this product will allow indivi
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Is Now the Right Time for Senior Citizens to Secure High FD Rates Before a
Updated : 1 year ago IST
New Delhi [India], May 10: Senior citizens in India often rely on fixed deposits (FDs) for secure and predictable returns. With higher FD rates offered exclusively to individuals aged 60 and above, these deposits become a popular choice for retirement planning. But with market conditions
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FDSA and Shoolini University Host Landmark Awareness Event in Chennai, Emp
Updated : 1 year ago IST
New Delhi [India], April 29: The Federation of Direct Selling Association (FDSA), in collaboration with Shoolini University, successfully organized a day-long Education and Awareness Program at Chennai. The event witnessed a vibrant gathering of over 380 plus Direct Sellers from across Tamil
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Ensuring Financial Stability: Understanding Nominees vs. Legal Heirs
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], March 26: Understanding the distinction between nominees and legal heirs is crucial to ensuring financial stability and effective estate management. Most investment tools, such as mutual funds and fixed deposits (FDs), allow you to nominate someone to receive th
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Unlocking the Power of Compounding with Fixed Deposits
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], March 25: Fixed Deposits (FDs) have long been a popular investment choice for individuals seeking steady returns on their savings. One of the key advantages of FDs is the power of compounding, a financial phenomenon that can significantly amplify your investment
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Frequency of Interest Payments in Fixed Deposits: A Comprehensive Guide
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], March 24: Fixed Deposits (FDs) remain one of the most popular investment avenues for individuals seeking a stable return on their savings. While the interest rates offered on FDs can vary, another crucial factor to consider is the frequency of interest payments.
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Maximize Your Savings Through Ujjivan Small Finance Bank's Tax Saving Fixe
Updated : 1 year, 2 months ago IST
Bangalore (Karnataka) [India], March 20: Tax Saving Fixed Deposits are gaining a great deal of interest from investors seeking higher yields and tax related savings. High interest rates offered by banks and its dependability in safeguarding investor funds contribute to its popularity. In com
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