Asset allocation is a very powerful idea in personal finance [ad_1] The question simply confounded me. What should I do with the maturity amount, he asked. You asked me to start this last year, he said, trying to jog my memory. But, wasn’t that an SIP that we started, I asked. Yes, I have invested for 12 months and have ...
Read More »Author Archives: LoanFinanceadmin
DCB Bank Q3 net profit jumps 52% to Rs 114 cr on decline in bad loans
DCB Bank Q3 net profit jumps 52% to Rs 114 cr on decline in bad loans Private sector DCB Bank on Saturday reported a 52 per cent jump in its profit to Rs 114 crore for the December 2022 quarter, mainly due to a decline in bad loans. The bank’s net profit stood at Rs ...
Read More »sovereign gold bond redemption: Sovereign Gold Bond premature redemption: Check details of SGB 2016-17 Series I due date, price, tax applicability
sovereign gold bond redemption: Sovereign Gold Bond premature redemption: Check details of SGB 2016-17 Series I due date, price, tax applicability [ad_1] The Reserve Bank of India (RBI) has fixed the price for premature withdrawal of Sovereign Gold Bond 2016-17 Series I at Rs. 5,717 and the due date is on February 04, 2023. What is the rule for premature ...
Read More »Home loan, FD interest certificate to Form 16A: Download these 8 SBI e-certificates online
Home loan, FD interest certificate to Form 16A: Download these 8 SBI e-certificates online [ad_1] Home loan, FD interest certificate to Form 16A: Download these 8 SBI e-certificates online [ad_2]
Read More »These 5 private, PSU banks offer more than 8% interest rate on senior citizen FDs
These 5 private, PSU banks offer more than 8% interest rate on senior citizen FDs [ad_1] [ad_2]
Read More »KVP account: Kisan Vikas Patra: What will be the premature value of KVP account opened on or after 1st day of January, 2023
KVP account: Kisan Vikas Patra: What will be the premature value of KVP account opened on or after 1st day of January, 2023 [ad_1] The Kisan Vikas Patra is a small savings tool that will make it easier for people to contribute to long-term savings plans. Due to its low risk and assurance of profits, it is a well-liked investing ...
Read More »UPI 123PAY: How HDFC Life policyholders can pay premiums via UPI 123PAY
UPI 123PAY: How HDFC Life policyholders can pay premiums via UPI 123PAY [ad_1] The National Payments Corporation of India (NPCI) and HDFC Life have partnered up to offer UPI 123PAY, according to the HDFC Life press release. This special voice-based premium payment tool makes it much easier for HDFC Life members to pay their premiums. This service would also give ...
Read More »India’s forex kitty rises by $1.727 billion to $573.727 billion: RBI data
India’s forex kitty rises by $1.727 billion to $573.727 billion: RBI data India’s forex reserves increased by USD 1.727 billion to USD 573.727 billion in the week ended January 20, the Reserve Bank of India said on Friday. This is the second consecutive week of a rise in the kitty after the USD 10.417 billion ...
Read More »Here’s why bond veteran sees India’s benchmark yield trending downwards
Here’s why bond veteran sees India’s benchmark yield trending downwards India bond traders pricing in a rate cut this year may be disappointed, with local growth good and the US unlikely to go through a recession, according to a top official at Bank of America Corp. “In the last quarter, the swaps market is pricing ...
Read More »10-year bond yield at highest since November on Budget 2023 jitters
10-year bond yield at highest since November on Budget 2023 jitters Yields on government bonds rose sharply on Friday, with a scheduled primary auction of sovereign debt seeing tepid demand, as market participants braced for the Centre announcing a record-high borrowing programme for the next financial year. The 10-year benchmark bond yield closed at 7.39 ...
Read More »