Bank FDs typically compound at a quarterly interval. What does this mean? It means that at the end of every quarter, the deposit is reinvested with the interest generated in the previous quarter.

When compounding happens quarterly, your interest is added four times a year, once every three months. Understanding how money grows is important, whether you’re saving for the future or planning your ...

Risk-averse investors have had a rough time with the falling interest rates. While fixed deposits returned over 8% not too long back, they now return 4-5% before taxes now. There are several ways to ...