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You Searched For "savings account in India" and got 20 results


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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…

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2 mins read

You can let your family members use your UPI account for payments, RBI introduces delegate payments

The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…

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7 mins read

SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it

Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…

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7 mins read

SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how

It's no secret that futures and options see extreme risks, with most traders losing money regularly…

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3 mins read

Rise seen in financial inclusion index, jobs in the country, notes RBI

Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…

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3 mins read

A comprehensive guide to retirement planning in India: Secure your future

Retirement is often compared to a long vacation in Las Vegas: the aim is to enjoy it to the fullest…

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2 mins read

Household savings are choosing mutual funds over banks to invest savings: RBI Governor

The households are choosing the capital markets over the banks to park or invest their savings, hig…

ANI   


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2 mins read

Mumbai woman loses Rs 6 lakh to cyber fraud while trying to save Rs 5,000 — here’s how to avoid such scams

What started as a simple attempt to withdraw Rs 5,000 from an ATM ended with her losing Rs 6 lakh t…

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3 mins read

Incomes are either rising too slowly or falling at the lower end of the bracket

India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…

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1 min read

Household savings dip over Rs 9 lakh cr in 3 years to Rs 14.16 lakh cr in 2022-23

The net household savings declined to Rs 17.12 lakh crore in 2021-22 and dipped further to a fi…

PTI   


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5 mins read

10 financial scams that shook India: A dive into deception

From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…

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6 mins read

Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …

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4 mins read

World Tourism Day: Here's where India is travelling to, and how you too, can join the bandwagon

Don't let your travel fund sit idle in a savings account. You can invest it in various short-term i…

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3 mins read

A guide to planning your child’s education: From costs, goals to investments

Ask any parent to list their key commitments in life and child education will likely find a top pla…

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3 mins read

Last-minute rush: 5 things to do before March 31

March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…

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4 mins read

A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India

Joel Lambdin, 49, said his student-loan forgiveness wasn't a "jump for joy" situation but rather, a…

Ayelet Sheffey   


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2 mins read

RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details

The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…

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2 mins read

India records below-normal rainfall in June: IMD

After making an early onset over Kerala and the northeastern region on May 30, and progressin…

PTI   


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2 mins read

India's digital public infrastructure is transforming country's economic landscape, notes RBI

Built on principles of public good, open access, and regulatory fairness, India Stack has become a …

ANI   


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4 mins read

Top 5 personal finance scams in India and how to stay safe from them

Don’t make any payments just because a stranger told you to. Verify the situation and the person’s …