Private sector banks ICICI, Axis, and IDFC have revised their fixed deposit rates for bulk deposits this week. Read on to know details

Senior citizens are risk-averse and, therefore, prefer investments that can provide guaranteed income options and returns. Here’s a list of small savings instruments they could choose from for getting guaranteed income in their retirement years

Senior citizens looking for guaranteed returns can check out these small saving banks offering more than 9.0 per cent interest rates for fixed deposits

There are many loan instruments available in the market, but each loan product has its own distinct features and applications. So, it’s important for senior citizens to choose the appropriate loan instrument in sync with their borrowing size and repayment capacity

Retirees must keep a close watch on their retirement corpus because it can erode quickly if timely measures are not taken to mitigate the impact of inflation

The Suryodaya small finance bank revised its fixed deposit interest rates on certain durations for senior citizens to more than 9 per cent from August 7, 2023

Axis Bank has revised its fixed deposit rates effective July 26, 2023. The maximum rate of interest offered to senior citizens is 7.85 per cent

There is a thin line of difference between financial freedom and financial distress and the line separating them is financial literacy