arkets rates of interest are ruling excessive and for senior residents, low danger now not means low returns. Charges on some small financial savings schemes had been revised upwards not too long ago for the April -June 2023 quarter, opening up some enticing selections. These schemes carry zero danger of default. Financial institution FDs too are second to none, providing good returns now throughout tenures and being lined beneath deposit insurance coverage. Parv Shah and Vishal Balabhadruni talk about enticing funding choices for senior residents at present.
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