Raksha Bandhan 2024: Gift your sister financial literacy; some tips for you

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Both fixed deposits and recurring deposits will earn her a higher interest rate compared to a regular savings account.

After that, help her set up automatic transfers to high-yield savings accounts for emergency funds and future goals," Maurya explains.

According to a report by DBS Bank India-CRISIL, "47% of women seek advice and information from family members when making financial decisions.

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Category: BusinessFinance

Markets: India

Topics: Raksha Bandhan 2024 Raksha Bandhan wishes Raksha Bandhan gifts Raksha Bandhan Financial literacy Raksha Bandhan gift ideas Brother sister

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 10:39:51 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1366 words

Reading Time: 8 minutes read

Sentences: 68 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22132960

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