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News
Small Finance Banks Hike Senior Citizen FD Rates to 8.5%
2+ day, 2+ hour ago (270+ words) Whalesbook Small Finance Banks (SFBs) have recently increased their fixed deposit interest rates, with several institutions now offering up to 8.5% per annum for senior citizens Banks such as Suryoday Small Finance Bank, Equitas Small Finance Bank, ESAF Small Finance Bank,…...
Turning 60: Financial Perks and Tax Breaks for Indian Retirees
2+ day, 9+ hour ago (237+ words) Reaching age 60 grants Indian residents access to specialized government savings schemes, including the Senior Citizens’ Savings Scheme at 8.2% interest. These benefits provide a base for retirement income, but require careful tax planning and inflation management. One of the most immediate…...
Supreme Court Rules Parents Can Evict Neglectful Children
3+ day, 4+ hour ago (330+ words) Whalesbook The Supreme Court of India on Thursday issued a significant legal clarification, affirming that Maintenance Tribunals established under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, have the authority to order the eviction of children or relatives…...
Tamil Nadu Launches Free Health Insurance for 38 Lakh Seniors
5+ day, 11+ hour ago (259+ words) Whalesbook The Tamil Nadu government has introduced the 'Chief Minister's Elderly Health Insurance Scheme,' an initiative designed to provide medical financial protection to approximately 38 lakh senior citizens aged 70 and above Announced by State Health Minister K.G Arunraj on August 17, 2026, the…...
MSRTC NCMC Card Registrations Cross 1 Crore Milestone
1+ week, 2+ day ago (258+ words) Whalesbook The Maharashtra State Road Transport Corporation (MSRTC) has reached a significant operational milestone, recording over 1 crore registrations for its National Common Mobility Card (NCMC) As of August 12, 2026, the corporation confirmed that more than 64.91 lakh cards have been activated, marking…...
DCB, Axis, Union Bank, Indian Bank Revise FD Rates
1+ week, 3+ day ago (357+ words) Several Indian banks have adjusted fixed deposit interest rates to attract more retail funds. While DCB Bank leads with offers up to 8.05% for senior citizens, investors should note that higher deposit costs could impact bank profit margins as competition for…...
Unity Small Finance Bank Raises Deposit Rates Up to 8.5%
2+ week, 5+ day ago (231+ words) Whalesbook Unity Small Finance Bank has updated its interest rate structure for retail depositors, effective August 1, 2026 The bank is offering higher returns on both savings accounts and fixed deposits to strengthen its deposit base For savings accounts, the bank has…...
Railway Pensioners Seek Pension Parity, Pay Hike in 8th Pay Commission Memo
2+ week, 5+ day ago (337+ words) Whalesbook The Railway Senior Citizens Welfare Society (RSCWS) has formally presented a detailed memorandum to the 8th Central Pay Commission, marking a significant step in the ongoing discussions regarding wage and retirement benefit structures for central government staff The proposal focuses…...
Bajaj Finance Hikes Senior FD Rates to 7.75%: Key Details
3+ week, 5+ day ago (262+ words) Whalesbook Bajaj Finance Limited has revised its interest rates for senior citizen fixed deposits, now offering up to 7.75% per annum for tenures ranging from 31 to 60 months This adjustment provides a 0.35% increase compared to the standard rate of 7.40% offered to other…...
Ayushman Bharat Expands Free Health Cover to All Seniors 70+
1+ mon, 1+ day ago (324+ words) Whalesbook The Indian government has officially expanded the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to include every citizen aged 70 and older, irrespective of their financial status This expansion removes the previous income-based criteria that limited the scheme to…...