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
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
New Delhi [India], July 22: A fixed deposit in India is a secure and popular investment option that offers guaranteed returns over a fixed tenure. With digital advancements, investors can now open an online fixed deposit account conveniently without visiting a branch.
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
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
According to an official release, the ED under the Prevention of Money Laundering Act (PMLA) of 2002 attached assets, including seven immovable properties, comprising around 35 acres of residential and commercial land, located in Gurugram's Sector 68, 63A, 103, 104, 92, 88B, and 95. Addition
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
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.
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
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
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
Bengaluru (Karnataka) [India], April 10: Fixed-return investments have remained a popular choice among Indian investors for several years. Their importance has become even more evident in the last two quarters of FY 2024-25, as the stock market continues to experience a prolonged sell-off th