Page 5 - Fixed Deposits

Fixed deposit investors likely to feel the pinch after SBI cuts rates

The SBI has cut deposit rates by 5-75 basis points across tenures. Shorter-tenure deposits have seen a higher quantum of cut than longer deposits

Give priority to safety, do not chase high returns in company FDs

In the current stressed credit environment, give higher priority to safety of capital by sticking to the highest-rated instruments

Want to invest in FD? Here're rates offered by small finance banks, others

Small banks are offering higher rates to increase their customer base

What's on offer: Axis Bank to BoB, shop around for best fixed deposit rates

Here's how the FD rates by different banks and institutes stack up

Auditor certificate must for deposit-taking firms to ensure investor safety

While this move by the Ministry of Corporate Affairs is a positive one, retail investors should run a few more checks of their own before investing in a company's fixed deposit

Move fixed deposits only if the rate difference is high. Here's why

With banks signalling a rise in rates, it is good news for the depositor

Rising rates: Stay nimble; invest in shorter duration fixed deposits

With banks signalling a rise in rates, it is good news for the depositor

Moving money from fixed deposits to riskier plans will increase volatility

Most financial planners believe that destabilising your portfolio, just for the sake of a quick buck, will not bring excessive incremental returns

Your concierge for financial services

With advances in technology, chatbots can help you transact and seek information much faster than traditional channels

Bank should fully settle FD claims

The bank said that it could not repay as the RBI had restrained it from doing routine operations

Excluding interest income on FDs can hurt

Most forget to include this in taxable income, especially when it is in their wives' or kid's names

Taxmen now targeting fixed deposits earning interest of Rs 5 lakh or more

In some cases, despite falling in the 30% bracket, individuals are paying only 10% tax

Diversify beyond fixed deposits

Interest rates on bank FDs have started coming down and rates on other fixed-income products will also decline. Investors should lock in to instruments offering higher returns

Perpetual bonds by PSU banks offer higher rates than FDs

Liquidity can be an issue. Also dividends are paid only if issuing banks is profitable

A strong case for long-term FDs

Banks are offering similar interest rates for short and long-term deposits; the latter is preferable for safe returns