The State Bank of India (SBI) hiked its marginal cost of lending rate by 10 basis points, effective August 15, 2024.

In its monetary policy committee meeting (MPC), the Reserve Bank of India (RBI) decided to increase the UPI transaction limits for tax payments to Rs 5 lakh.

Seniors depend on limited financial resources for living. However, with good government policies and assistance, senior citizens can overcome all the challenges that they may otherwise face from time to time.

Senior citizens can earn up to 9.50 per cent interest rate on bank fixed deposits (FDs) after the rate revision this week. Learn more. 

A Reserve Bank of India (RBI) survey has found that expectations of high inflation are the highest among senior seniors

The Reserve Bank of India kept the repo rates unchanged for the second time in a row this year. Does this mean the peak of rates and a good time for you to invest in long-term fixed deposits?

RBI has yet again kept the repo rate unchanged at 6.50 per cent, stressing that despite softening in the inflation, it will likely remain above its target through FY23-24

Interest rates on senior citizen FDs have increased to as high as 9.6 per cent per annum, is it the peak of the interest rate cycle, or should you wait? A senior citizen FD investment strategy needs to be planned well to get benefit of interest rate hikes