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Why banks don’t pay full FD interest: How to avoid TDS?
4+ mon, 2+ day ago (396+ words) A person invested his entire retirement gratuity into a bank Fixed Deposit (FD). He calculated that the monthly interest would cover his medical bills and daily expenses. However, when the first month's interest hit his account, he was shocked. A…...
Key RBI policy meeting underway: Experts anticipate steady repo rate
9+ mon, 1+ week ago (651+ words) RBI`s Monetary Policy Committee meeting begins. Discussions on GDP growth & inflation ahead of policy outcome on Friday. Repo rate expected steady. The Reserve Bank of India will announce its monetary policy on December 5. Strong GDP growth and record-low inflation…...