As RBI keeps rates steady, is this the last chance to lock fixed deposits at high interest rates?

As RBI keeps rates steady, is this the last chance to lock fixed deposits at high interest rates?

This is believed to be either the last or perhaps second last meeting before the interest rates are eventually slashed after a long hiatus. A Reuters poll predicted that the RBI is expected to cut rates in the Sept quarter. Notably, the banking regulator had raised the repo rates by a cumulative of 250 basis points … Read more

Cardless cash deposits via UPI apps: Everything you may want to know

Cardless cash deposits via UPI apps: Everything you may want to know

With the Unified Payments Interface (UPI) having gained massive popularity for an array of transactions, depositors will soon be able to use this phone banking interface service to deposit cash at cash deposit machines (CDMs) at ATMs and bank branches. Although it is a natural progression in the continuum of fintech evolution we are all … Read more

Rahul Gandhi’s asset portfolio: Needs a facelift just like his politics — this is what experts say

Rahul Gandhi’s asset portfolio: Needs a facelift just like his politics — this is what experts say

Among several disclosures, he also disclosed his total assets amounting to ₹20 crore. He has ₹9.24 crore in movable assets, out of which ₹55,000 in cash, ₹26.25 lakh in bank deposits, ₹4.33 crore in bonds and shares, ₹3.81 crore in mutual funds, ₹15.21 lakh in gold bonds and ₹4.20 lakh in jewellery. We spoke to … Read more