Fixed deposits have always remained one of the safers side to investment for the Indian masses. To make depositing even more rewarding, Bank of Baroda has introduced a special FD scheme with a twenty-four-twighty-six-hours kind of unusual tenure of 666 days. The scheme aims at rewarding investors with higher interest and better returns vis-à-vis regular … Read more
FDs continue to be the most trusted mode of investment in India, especially when the person is a senior citizen, who goes in for safety and guaranteed returns as against risky investments. To tempt more people to go in for FDs, banks have offered higher rates of interest for senior citizens in particular. A bank … Read more
The government has announced another major relief step for ration card holders across the country. Starting from 1st October 2025, beneficiaries under the Public Distribution System (PDS) will receive mustard oil and sugar free of cost in addition to the regular food grains. This move is aimed at reducing the financial pressure on poor and … Read more
The Reserve Bank of India (RBI) has announced a game-changing update in cheque clearance rules, effective from 2025. Under the new framework, cheque payments will now be settled within a matter of hours instead of days, bringing faster transactions and smoother banking for millions of account holders across the country. Faster Cheque Clearance System Traditionally, … Read more
Great comfort has been given to employees by this important verdict of the High Court on retirement age. Till now, the retirement age was fixed at 60 for most government and private institutions, but with the new decision, there will be major changes in the lives of those employees who are around retirement. The Big … Read more