Powered by

Investors' Hangout  |   10-Jan-2017  |  Value Research

Week 12: Decoding Modi's 8% senior citizen fixed deposit

On the last day of 2016, Narendra Modi made a series of announcements for different sections of society. For home buyers, he instituted interest rate cuts. For women, he offered money during pregnancy. And perhaps, most importantly of them all, he guaranteed senior citizens 8% interest for 10 years on fixed deposits upto Rs 7.5 lakhs. So how does this affect your retirement? Join us to get some answers.