May 2021

Did your bank deduct Rs 330 from your savings account in May? Here's why | Photo credit: BCCL New Delhi: Many savings account holders find a debit entry of Rs 330 in…

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The Association of Indian Banks (IBA), on behalf of the lenders, contacted the Ministry of Finance to repay their burden due to a recent Supreme Court ruling on waiving compound interest on all loan accounts that opted for a…

There are a lot of uncertainties about these days, and it has impacted the way we manage and invest our money.The savings account has always been a proven watch, an easy and accessible vehicle to park your extra money for future…

Elderly woman checks her tax-deferred investment accountIn a tax-deferred investment account, dividends, interest, and capital gains are not taxed until the money is withdrawn. These types of investments are attractive to people whose…

Figures from the Office for National Statistics (ONS) released today show that the UK inflation rate more than doubled in one month through April 2021. The latest consumer price index (CPI ) British fell from 0.7% in March of this year to…

Thinking of closing your savings account? Here are some good reasons to close your current account and open a new one. (iStock) Is your current savings account just not working for you? You may not be happy with savings account…

The term Tax Free Savings Account (TFSA) is a very broad term for a savings account that can take the form of a bank account, a term deposit, a money market fund, trust portfolio or ETF, and investors can choose to open a TFSA through a…

KUALA LUMPUR (May 17): Maybank Islamic Bhd, a subsidiary of Malayan Banking Bhd (Maybank), has launched its first investment product - Maybank Islamic Gold Account-i (MIGA-i) - which allows clients to open a account, buy and sell gold and…

KUALA LUMPUR: Maybank Islamic Bhd's first investment product - Maybank Islamic Gold Account-i (MIGA-i), will allow clients to open an account, buy and sell!-->…