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6 mins read
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
6 mins read
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
4 mins read
RBI leaves repo rate unchanged. What does this mean for you?
This is a good time to invest in high-yield fixed deposits and other debt instruments. That's becau…
2 mins read
Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months
Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…
ANI
3 mins read
RBI keeps repo rate unchanged at 6.5%: What is repo rate and how it affects you
Reserve Bank of India's Monetary Policy Committee announced maintaining the repo rate at 6.5% for t…
2 mins read
Credit growth in banks continues to exceed deposits, says new SBI report
The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…
ANI
5 mins read
A retired boomer who moved from the US to Costa Rica said it's 'horribly incorrect' to assume life in Central America is much cheaper
Gary Keenan moved from New Mexico to Costa Rica for retirement but found living costs high — someti…
Noah Sheidlower
3 mins read
I'm a Florida-based bridal makeup artist. Hurricane Milton has battered the wedding industry and cost me thousands.
Hurricane Milton's impact on Florida's wedding industry has hit makeup artist Jennifer Gaffney hard…
Joshua Nelken-Zitser
7 mins read
I bought my dream home, but the difficult process and higher cost sometimes make me wish I'd stuck with renting
An interior design whiz was excited to apply her skills to a place she owned. But buying and renova…
Jordan Pandy
4 mins read
A financial therapist helped me budget for a month. It made me stop panicking about my wedding costs.
Dealing with inflation and wedding payments, I started to dip into my savings. Financial therapist …
Julia Pugachevsky
2 mins read
Big banks may cover 95% of the cost to refill the $16 billion hole blown in the FDIC's deposit insurance fund by bank failures
The FDIC wants to start imposing a fee on 113 banks to replenish the fund it uses to insure deposit…
Carla Mozée
2 mins read
'SpiceJet didn't deposit money into pension funds for months'
India's low-cost carrier SpiceJet has reportedly not deposited money into the pension funds of its …
3 mins read
Deposit rates rise faster than lending rates in March 2023: CareEdge
In March 2023, both lending and deposit rates rose, but the rate of increase was faster for the dep…
4 mins read
Cashbacks and no-cost EMIs may be lucrative, but it pays to be careful
One may go for an EMI when one does not have the money to pay up front. However, Delhi-based Dipaya…
2 mins read
Big name investors like Bill Ackman are calling on the FDIC to insure all deposits, but that would only cost banks' customers more, former FDIC chair says
"You can change the limit to whatever number you want, and you're not going to prevent what happene…