Last year all the banks reduced their fixed deposit rates for almost every period. Currently, according to official inflation figure is above 7 per cent which is a bad news.
Posts Tagged ‘Fixed Deposits’
High inflation can reduced your fixed deposit close to zero
January 19th, 2010 
Tushar Mathur 
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance 
Tags: Bad News, Bse, Chief Executive Officer, Consumer Price Index, Cost Of Living, Current Rate, Eye Opener, Fds, Financial Planner, Fixed Deposit Rates, Fixed Deposits, Income Tax, Inflation Figure, Lows, Nominal Rate, Rate Of Return, Reliance Mutual Fund, Retail Prices, Sensex, Stock Index 
Comments OffFixed deposits come with more benefits
January 6th, 2010 Tushar Mathur Fixed deposits (FDs) a traditional investment option has been a vital part of every investor’s portfolio, due to assured rate of return. However FDs have been plain vanilla products with no additional benefits attached to it.
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Accident Insurance, banks, Clauses, Fd, Fds, Finance Companies, Fixed Deposits, HDFC, Interest Rate, Investment Option, Investor, Lakh, Maturity, Offering Insurance, Rate Of Interest, Rate Of Return, Tenure, Traditional Investment, Vanilla Products, Worth Rs Comments OffBanks low-cost deposits share drop to a 10-year low
December 28th, 2009 Tushar Mathur In the recent times group of pubic sector banks has witnessed drop in their low-cost deposits, the drop is a 10-year low While individuals are preferring bulk deposits and more are depositing more money in fixed deposits, which offered higher interests a year ago.
Also, the opening of customer-savvy private sector banks is responsible for bringing down investments in low-cost deposits (savings and current account balances) at public sector banks.
This year public sector banks, savings and current account balances accounted to 31 per cent of their total deposits, which was 34 per cent in 1999 and was at peak of 38 per cent in 2066, as per the study conducted by Indian unit of London-based investment banking group, Noble.
But among the public sector banks there have been some of the exceptional banks like State Bank of India (SBI) and Bank of Baroda (BoB).
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Bank Of Baroda, Bank Of India, Current Account Balances, Fixed Deposits, Hdfc Bank, Icici Bank, Investment Banking Group, Liquidity, Private Banks, Private Sector Banks, Public Sector Bank, Public Sector Banks, Retail Loans, Salary Accounts, SBI, State Bank, State Bank Of India, Term Deposits, Times Group, Wholesale Deposits Comments OffFixed Deposit rates can increase
November 11th, 2009 Tushar Mathur In the recent credit policy review of the Reserve Bank of India (RBI) there were indications of rising interest rate which is good news for those who prefer to invest in fixed deposits.
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Bank Of India, Decline, Financial Markets, First Quarter, Fixed Deposit Rates, Fixed Deposits, Floaters, Incentive Packages, Inflation, Interest Rate, Moving Upwards, Percentage Points, Poor Performance, Quarters, Reserve Bank of India, Revival Mode, Scrutiny, Term Paper, Tough Times, Zero Levels Comments OffBanks witness increase in low-cost deposits
November 6th, 2009 Tushar Mathur Banks are experiencing increase in flow of funds in low-cost deposits rather than in bulk deposits.
The reason for increase in the share of low –cost Casa deposits is mainly because of revival in stock markets, economic activity and a fall in term-deposit rates.
As per the latest reports from banks, in most of the public sector banks there has been increase of 20 per cent in the low-cost deposits during the current financial year (2009-10).
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Bank Accounts, Banking System, Current Account Balances, Economic Activity, Fixed Deposits, Flo, Initial Public Offers, Institutional Investors, Investment options, Ipo, Minimum Balance, Private Sector Bank, Public Sector Banks, Revival, Savings Accounts, Savings Banks, Second Half, Spite, Stock Markets, Term Deposit Rates Comments OffBanks close deposit rates to where they were five years ago
October 21st, 2009 Tushar Mathur In the last few months the banks have slashed their deposit rates which have shrink depositors income. Banks have reduced interest rates (especially for deposits of up to one year) by about four percentage points in comparison to a year ago.
At present after the cut the deposit rates of 15 days to one-year period range from 3 per cent to 6.25 per cent per annum.
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: 1 Crore, Bank Of India, Depositors, Fixed Deposits, Global Meltdown, Liquidity, Loan Growth, Market Interest Rates, National Bank, Peak Rates, Percentage Point, Percentage Points, Period Range, Repo Auctions, Reserve Bank of India, Rs 1, State Bank, State Bank Of India, Time Duration, Union Bank Comments OffHigh inflation invest in property
December 8th, 2008 Tushar Mathur Inflation is at high levels. Income on fixed income means like bonds and fixed deposits is not going to give good returns especially in the fixed deposit section, who have invested for less than 1 year are going to earn negative interest.
Posted in NRI Investing Tags: Cement Prices, Commitments, Construction Costs, Fixed Deposits, Fixed Income, Flexible Repayment Options, Home Loan Rates, home loans, Inflation Increase, Loan Borrowers, Loan Packages, Negative Interest, Outflow, Rare Chance, Rate Of Interest, Rents, Right Time, Tenure, Time Period, Uncertainties Comments OffSenior citizens still prefer FDs to park the savings
November 22nd, 2008 Tushar Mathur Today many options are available for parking the money then also the senior citizens prefer to invest their money in fixed deposits (FDs). While, the younger generation earning handsome income prefers to invest in mutual funds and equity capital.
Posted in NRI Investing Tags: Amount Of Money, Anonymity, Capital One, Continuous Growth, Donkey, Equity Capital, Financial Matters, Fixed Deposits, Handsome Income, Mehta, Mutual Funds, Rate Of Interest, Senior Citizens, Share Market, Special Interest, Stock Market, Surety, Time Frame, Time Period, Younger Generation Comments OffBanks started pulling off high-return FD schemes
November 10th, 2008 Tushar Mathur Interest rates have started suspending therefore banks have also started taking off the special deposit schemes under which they were offering higher interest rates.
Posted in business, india, News Tags: Allahabad Bank, Bank Of India, Best Time, Buckets, Crore, Deposit Scheme, Drawing Boards, Festive Season, Fixed Deposits, High Interest Rates, Liquid Cash, Nair, November 1, Rate Per Annum, State Bank, State Bank Of India, Uco Bank, Union Bank, Union Bank Of India, Union Bank Of India Ubi Comments OffSBI introduce 1000-days deposit scheme
September 30th, 2008 Tushar Mathur State Bank of India (SBI), from October 1 will be increasing its deposit rates in certain maturities.
According to SBI press release the bank has introduced a 1000-days fixed deposits scheme in which bank is offering 10.5 per cent interest to depositors.
Posted in business, india, News Tags: Bank 1, Bank Of India, Deposit Scheme, Depositors, Fixed Deposits, Lakh, Maturities, Periods, Press Release, SBI, Senior Citizens, State Bank, State Bank Of India, Tenure Comments OffInvestment options in India
July 31st, 2008 Tushar Mathur If you are looking to invest in India, do you sometimes wonder where to start?
Do you think India with its mature capital market, relatively control free economy and backed by professional banking services offers diversified investment options?
Posted in Economy, Mutual Funds, NRI Banking, NRI Investing Tags: Fixed Deposits, india, Investment options, Portfolio Investment scheme Comments Off
