Here are 3-year bank fixed deposits that offer up to 7.65% for senior citizens



a close up of text on a white background: Here are 3-year bank fixed deposits that offer up to 7.65% for senior citizens


© Ruchira Kondepudi
Here are 3-year bank fixed deposits that offer up to 7.65% for senior citizens

Most senior citizens prefer investing in bank fixed deposits (FDs) to earn a regular monthly income after retirement. However, falling bank deposit rates have reduced their monthly income sharply in the last one year or so. This is because the Reserve Bank of India (RBI) has steadily cut repo rates. Banks have followed the same trajectory and gradually reduced the interest rates on fixed deposits across the tenures. The interest rate on small-saving schemes too have been cut in recent quarters.

Despite falling interest rates, there are still some banks that offer attractive rates on three-year FDs for senior citizens. Not surprisingly, the smaller private banks tend to top the rate chart on fixed deposits, given the competition they face in garnering deposits.

Higher rates offered by smaller private banks

Smaller private banks

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Vouch Insurance Partners With Ethena to Help Companies Proactively Mitigate and Manage Risk

Vouch customers now have access to essential sexual harassment training at a free or discounted rate through Ethena

SAN FRANCISCO, Sept. 17, 2020 (GLOBE NEWSWIRE) — Vouch Insurance, the business insurance platform for startups, today announced a partnership with Ethena, the sexual harassment training program designed for modern companies. The partnership provides new and existing Vouch customers with free or discounted anti-harassment training from Ethena.

In the workplace, harassment is pervasive and underreported. Studies show that at least 40 percent of women and 15 percent of men have faced sexual harassment, which has negative personal impact and is highly detrimental to company culture. Sexual harassment claims and lawsuits can also open the door to significant financial loss and reputational damage. A single sexual harassment claim can cost a company $22,500 in lost productivity.

There is an ethical reckoning happening across industries, with employees and the general public losing

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Analyzing Bank of America’s Unusual Options Activity

Bank of America
BAC,
+0.64%

shares experienced unusual options activity on Friday. The stock price moved up to $23.35 following the option alert.

Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).

Another indicator of unusual options activity is the trading of a contract with an expiration date in the distant future. Additional time until a contract expires generally increases the potential for it to grow its time value and

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Can You Get A Personal Loan Even If You Have Student Debt?

When you need to take a loan for whatever reason, personal loans can undoubtedly help. This type of loan is repaid in monthly installments over a set period of time, typically ranging from 1 to 7 years.

Moreover, the loan amount you can take out will rely on your credit history. However, offers usually fall between 1,000 dollars and 50,000 dollars. Even so, if you bear a high amount of educational debt, you might be thinking about your chances of getting approved for a personal loan.

Keep in mind that lenders examine or evaluate borrowers in many different ways. It always helps to know the steps you need to obtain the funding you need and where you stand. Do you want to know more? Read on!

Things Lenders Assess In Personal Loan Applications

A personal loan is typically unsecured. It means that you do not have to offer or show

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Recent Poll of CEO Coaching International Clients Shows 95% Say Their Business is Stronger Now Than Before the Pandemic

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3 ‘Strong Buy’ Stocks With Over 7% Dividend Yield

Markets are volatile, there can be no doubt. So far this month, the S&P 500 has fallen 9% from its peak. The tech-heavy NASDAQ, which had led the gainers all summer, is now leading the on the fall, having lost 11% since September 2. The three-week tumble has investors worried that we may be on the brink of another bear market.The headwinds are strong. The usual September swoon, the upcoming election, doubts about another round of economic stimulus – all are putting downward pressure on the stock markets.Which doesn’t mean that there are no opportunities. As the old saw goes, “Bulls and bears can both make money, while the pigs get slaughtered.” A falling market may worry investors, but a smart strategy can prevent the portfolio from losing too much long-term value while maintaining a steady income. Dividend stocks, which

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British Airways Says Pandemic May Cost 10,000 Jobs

(Bloomberg) — British Airways is expecting to cut as many as 10,000 jobs due to the Covid-19 pandemic even as the airline reached deals or agreements in principle with its various unions.



a plane sitting on top of a truck: Crew members prepare an air stair for a passenger aircraft, operated by British Airways, a unit of International Consolidated Airlines Group SA (IAG), at Bournemouth Airport in Bournemouth, U.K., on Tuesday, March 31, 2020. European airlines will take the biggest hit to demand from the coronavirus, with passenger traffic set to fall 46% this year, according to economists at the International Air Transport Association.


© Bloomberg
Crew members prepare an air stair for a passenger aircraft, operated by British Airways, a unit of International Consolidated Airlines Group SA (IAG), at Bournemouth Airport in Bournemouth, U.K., on Tuesday, March 31, 2020. European airlines will take the biggest hit to demand from the coronavirus, with passenger traffic set to fall 46% this year, according to economists at the International Air Transport Association.

The flagship U.K. carrier has seen 7,200 people leave as of last week, Chief Executive Officer Alex Cruz told lawmakers in London on Wednesday. The company remains in discussions with some labor groups, he said, and has rowed back on a plan to fire and rehire staff on new contracts.

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Why You Should Consider Personal Loans To Ensure Liquidity Amid Coronavirus

The unprecedented medical emergency caused by COVID-19 has starved economies of liquidity. India, too, is battling with deep financial constraints; the gross domestic product or the GDP shrunk 23.9% in the Q1FY21 ending June 30 as compared to 5.2% growth in Q1FY20, marking the sharpest quarterly contraction on record. 

In India alone, 2.62 million cases of coronavirus have been recorded and more than 64,000 people have died. The slowing economy, due to unexpected lockdowns and ambiguity surrounding a vaccine to fight the deadly virus strain, has caused great panic among Indians and that has affected everyday trade and commerce. 

Amid dampened business activity and a deep impact on people’s income as well as savings, personal loans have emerged as an easy way to meet credit requirements. Let’s understand what makes personal loans a good bet. 

Why Are Personal Loans So Attractive

A personal loan is the money that you

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The Modi government says it has no data on migrant jobs lost to Covid-19

The Indian government has denied having any data that can clearly say how many migrant workers lost their jobs to the pandemic.

Three members of parliament asked India’s labour and employment ministry today (Sept. 14) “whether the government has done any assessment of the job loss among migrant workers due to the Covid-19 crisis, and if so, the details thereof.” To this, Santosh Gangwar, minister of state for the labour and employment, responded that the government maintains “no such data.”

This response (pdf) on the first day of the much-delayed monsoon session of parliament comes in the backdrop of widespread job loss, especially among India’s internal migrants. According to a World Bank report in April, India’s coronavirus lockdown impacted nearly 40 million migrant jobs in India. This was particularly exacerbated when India went into an over two-month harsh lockdown on March 25, one of the strictest in the world.

India’s

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Best homeowners insurance companies 2020

Purchasing a home is a big investment, so having home insurance is essential. But before you purchase a policy, there are a few things to consider. First, you need to find a provider with excellent financial strength, great customer service and good policy options. Then, you’ll have to decide what type of coverage you need – and how much.



a man and a woman standing in front of a building: home owners insurance


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home owners insurance

To help you find the right insurance for you and your home, we created a list of the best home insurance companies of 2020. To rank these companies, we searched ratings and reviews from third-party research firms, including Consumer Affairs, J.D. Power and AM Best.

Whether you’re looking for a simple shopping experience, the top-rated coverage or the cheapest bundles, there’s a company out there for you. With the COVID-19 pandemic still affecting how much time we’re all spending at home, protecting your sanctuary

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Helicopter money from the Bank of Canada is a bad idea



Some say the Bank of Canada should “go direct” and deliver money directly to households as transfers.


© Provided by Financial Post
Some say the Bank of Canada should “go direct” and deliver money directly to households as transfers.

Looking for more tools that the Bank of Canada can use to help our COVID-stricken economy recover, some observers argue for “going direct,” having the Bank of Canada “print money” and deliver it directly to households as transfers. In our view, that is a bad idea.

Broadly speaking, the Bank of Canada can “go direct” in two ways. One is to transfer extra funds directly to the general public — a technique often described as a “helicopter drop.” Imagine squadrons of helicopters flying over the country dropping cash out their loading bays. In fact, neither helicopters nor, for the most part, cash would be involved: rather, the Bank of Canada would send people cheques or make direct deposits into their bank accounts — a one-for-one, dollar-for-dollar combination of

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