RBI's new guidelines empower minors to manage finances, allowing those above 10 to independently operate accounts with ...

In a recent development, the Reserve Bank of India (RBI) has announced that minors above the age of 10 will be able to open ...

Minors aged 10 years and above can now have savings or fixed deposit accounts opened in their name, which may be operated ...

Erin Bendig has extensive experience in various areas of personal finance. She previously worked as a staff writer for Kiplinger.com, focusing primarily on savings accounts and banking. In ...

Top-rate account: State Bank of India Jumbo Junior Fixed Deposit Account One-Year Bond State Bank of India UK offers 4.25% AER for children's savings stashed away for one year. Your child will need to ...

Practice is always preferable to theory. While online banking is the general norm these days, a savings account helps children to experience real transactions, deposits, and tracking balances.

Below, CNBC Select breaks down the best investment accounts for kids, not including savings vehicles like certificates of deposit (CDs) or high-yield savings accounts. When it comes to choosing ...