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NEWS
Households are shifting savings from financial to real assets, says CEA
Thu, Apr 04, 2024     Source : Business Line
RBI data show that the growth of household financial liabilities went up from 3.8 per cent in 2021-22 to 5.8 per cent in the following year
NEWS
India's improving savings-investment dynamic amid lower deficits
Sat, Mar 30, 2024     Source : Economic Times
If there is one figure which captures a country's changing savings-investment dynamic, it is the current account.
NEWS
Sluggish wage growth, low savings behind tepid consumption: Economists
Thu, Mar 07, 2024     Source : Financial Express
Earlier this month, Pronab Sen, former chief statistician of India, had told FE that historically, consumption growth has nearly been at the same level as GDP growth, or slightly lower.
INSURANCE NEWS
IRDAI to enhance scrutiny of health & savings plans aimed at individuals over 55 to curb misselling
Tue, Feb 20, 2024     Source : Economic Times
The insurance regulator is eyeing enhanced scrutiny of complex insurance products, especially those aimed at individuals over 55, including health and savings plans to curb misselling.
INSURANCE NEWS
70% choose health as a reason for buying health insurance over tax savings; ICICI Lombard study
Sat, Feb 17, 2024     Source : Economic Times
A recent study of health insurance trends show that 70% of people buy health insurance not for tax purposes and ‘Cashless Claim' is the top reason to buy health insurance, followed by the protection of sav...
MUTUAL FUNDS NEWS
Benefits of equity-linked savings schemes go beyond saving taxes: Build retirement corpus with ELSS
Mon, Jan 22, 2024     Source : Financial Express
While several options are available for retirement planning, investing in ELSS can be a wise choice, especially if started early in life.
NEWS
Govt raises interest rates on two small savings schemes by 10-20 bps for Jan-March 2024
Sat, Dec 30, 2023     Source : Mint
The government, on Friday, announced the interest rates for small savings schemes applicable in the January-March 2024 quarter.
NEWS
Some small banks' returns on savings accounts top FD rates of bigger peers
Fri, Dec 22, 2023     Source : Economic Times
Banks with limited branch networks and geographic footprint are offering returns on savings accounts that exceed term deposit rates at bigger lenders, illustrating the intensifying competition to mobilise ...
MUTUAL FUNDS NEWS
Debt fund taxation change breathes life into equity savings scheme
Wed, Dec 20, 2023     Source : Business Standard
Hybrid MF offering rakes in close to Rs 6,000 crore in FY 2024 so far
NEWS
This bank offers up to 7.75% savings account interest rate
Thu, Dec 07, 2023     Source : Economic Times
Unity Small Finance Bank has revised the interest rate slabs on its savings accounts.
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