3 savings accounts fetching inflation-beating return of 7% effective from August | Mint - Mint
Savings accounts are a crucial component of one's personal finances since they not only yield interest on your saving deposits but also provide adequate liquidity for you to access your funds at any time, anywhere, which may be utilised to cover emergencies.
The interest rates on fixed deposits have already been raised across the country since the RBI increased the repo rate in August, and some banks have also upped the interest rates on savings accounts… [+2785 chars]
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