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    Banks give additional interest on deposits for a specific period

    @dancer12 nice perspective. thanks for sharing
  2. M

    Banks give additional interest on deposits for a specific period

    @godisiam you are making an assumption that only depositors with 35 months are prone to withdraw. i have observed these periods vary between banks. some have a higher payout for 1 yr 25 days (390 days). does this bank assume that this is a vulnerable period for their depositors? in summary, you...
  3. M

    Banks give additional interest on deposits for a specific period

    @godisiam investors will compare and choose the bank where the rates are higher for the same period, so most banks tend to keep them more or less same or close. the examples that i am referring to are the ones that have a higher rate for a small incremental period within the range. sure it is...
  4. M

    Banks give additional interest on deposits for a specific period

    Any specific financial reason behind banks giving an additional percentage of interest for deposits made for a specific period. for e. g., hdfc bank gives 7.1 % for upto 18 months, 7.25% for 18 21 months, and 7.0% for 21 months + is there any financial significance to this period, which...
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    GST Collection Sets Historical Record, Exceeds Rs 1.87 Lakh Crores in April-2023: PM Modi Expresses Joy

    @bicko how does increased tax collection help a decent middle class tax payer?
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    The Indian government restricted FDI in media so BBC bypasses it by creating a new Indian entity fully owned by Indians. A fun read

    @brione thats already happening... they cannot publish and generate revenue for/ in india access without an india entity. govt can always impose restrictions on access to international publications.
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    The Indian government restricted FDI in media so BBC bypasses it by creating a new Indian entity fully owned by Indians. A fun read

    @lilly159 if newsroom works for BBC and the content they produce will still be published by BBC, govt can control what newsroom creates and supplies.so govts power is not diluted. if BBC is publishing, FDI restrictions still apply. they also will be earning income from india publishing and the...
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