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Post Office Term Deposit Vs Tax-Saver FDs: Interest rates compared - which one should you opt for?
Credit: IndiaTimes- Published on March 19, 2024
Government updates small savings schemes rates quarterly. 5-year Post Office Time Deposit (POTD) rates remain steady. Banks offer tax-saving benefits on 5-year fixed deposits with varying interest rates, such as DCB Bank at 7.75% and IndusInd Bank at 7.25%.
Video credit: Rumble
Published on March 19, 2024 - 01:46
Japan raises interest rates for the first time in 17 years
In a bid to revive stagnant post-financial crisis economies and spur inflation, central bankers globally ventured into uncharted territory in the 2010s by pushing interest rates into negative territory.
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