RD interest rates compared: SBI vs HDFC Bank vs ICICI Bank vs PNB vs YES Bank vs PNB [ad_1] With the recurring deposit plan, the investors can build up a sizable sum at maturity by making tiny monthly deposits. You can earn interest by setting up a recurring deposit option and depositing a specific sum of money each month. A ...
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MFIs’ net profit more than doubles in Q3 on buoyant interest income
MFIs’ net profit more than doubles in Q3 on buoyant interest income Emerging from the shock of the pandemic period, the net profit of listed microfinance institutions (MFIs) and MFI subsidiaries of listed firms more than doubled year-on-year (YoY) to Rs 508 crore in the third quarter ended December 2022. The buoyant interest income – 25 per ...
Read More »With volatility increasing in the capital market, now is the right time to consider phygital investing. Read to know why!
With volatility increasing in the capital market, now is the right time to consider phygital investing. Read to know why! [ad_1] Today’s world is full of uncertainties surrounding health, wealth, inflation and more. With inflation rising, it is not hard to decode its impact on our pockets and living expenses. Providing basic life amenities is getting expensive for most people ...
Read More »Rupee falls 19 paise to 82.94 against US dollar on muted domestic equities
Rupee falls 19 paise to 82.94 against US dollar on muted domestic equities The rupee depreciated 19 paise to 82.94 against the US dollar in early trade on Monday, weighed down by a strong American currency and a muted trend in domestic equities. At the interbank foreign exchange, the domestic unit opened weak at 82.87 ...
Read More »Best large cap mutual fund managers 2022
Best large cap mutual fund managers 2022 [ad_1] The gatekeepers at mass-market equity funds have had to dig deep to manoeuvre their portfolios through these trying conditions. The growth-driven style tilt favoured by many of these seasoned practitioners faced the tempest of the market’s swing towards value. Even as conditions continued to be far from conducive, they have drawn on ...
Read More »Can a married daughter stake a claim to late father’s property?
Can a married daughter stake a claim to late father’s property? [ad_1] Q.Can I stake a claim to my late father’s property Q even though I’m married?— Seema S.According to the Hindu Succession (Amendment) Act 2005, a daughter has the same right to her father’s property as her brothers. Her marital status does not alter this right to property. Hence, ...
Read More »EPS Pension Application Deadline: EPFO allows these EPS members to apply for higher pension till May 3; opens online application link
EPS Pension Application Deadline: EPFO allows these EPS members to apply for higher pension till May 3; opens online application link [ad_1] There is good news for a certain category of Employees’ Pension Scheme (EPS) members. The Employees Provident Fund Organisation (EPFO) has allowed certain eligible members to apply for higher pension under the EPS till May 3, 2023. Do ...
Read More »I’ve just started earning. Do I help my parents financially?
I’ve just started earning. Do I help my parents financially? [ad_1] If you have just landed a job and started earning, you will be full of plans about how to spend the money to realise your cherished dreams and goals. At the same time, you would want to contribute in some way to your parents’ needs, acknowledging their role in ...
Read More »Bank capital needs may rise 15-20% based on draft RBI market risk norms
Bank capital needs may rise 15-20% based on draft RBI market risk norms The Reserve Bank of India’s recently released draft guidelines on minimum capital requirements for market risk provide more flexibility to banks for treatment of certain instruments but may lead to a 15-20 per cent rise in capital requirements for market risk, bank officials said. ...
Read More »fd interest rates: SBI vs HDFC Bank vs PNB vs ICICI Bank vs YES Bank: Bank offering FD highest interest rates
fd interest rates: SBI vs HDFC Bank vs PNB vs ICICI Bank vs YES Bank: Bank offering FD highest interest rates [ad_1] After the Reserve Bank of India increased the repo rate by 25 basis points to 6.50%, many banks increased the fixed deposits interest rates passing the benefit on to their customers After the most recent increase, here is ...
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