Haryana Holiday Cost: What is the cost of holidaying in Haryana [ad_1] This land-locked northern state may not have geographical diversity or natural wonders, but it has a rich history and heritage. The state finds mention in many ancient Hindu texts and scriptures and is known as the place where Ved Vyas wrote the Mahabharata. The famous battle of Mahabharata ...
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Indian Overseas Bank hikes term deposit interest rates up to 45 bps
Indian Overseas Bank hikes term deposit interest rates up to 45 bps Public sector Indian Overseas Bank on Monday announced a hike in the interest rates on rupees retail term deposits, up to 45 basis points, from Tuesday onwards. According to the bank, domestic/NRO/NRE depositors will get interest rate upto 7.75 per cent on term ...
Read More »PSU banks offering up to 7% FD interest rate| EconomicTimes
PSU banks offering up to 7% FD interest rate| EconomicTimes [ad_1] PSU banks that offer up to 7% rate on fixed deposit Here is a quick comparison of PSU banks such as PNB, Canara bank, Bank of Baroda fixed deposit rates, which are currently at 7% for depositors. (Source: Bank websites; interest rates as on January 9, 2023) [ad_2]
Read More »Fino Payments Bank ups interest rate on savings deposit to 5%
Fino Payments Bank ups interest rate on savings deposit to 5% Fino Payments Bank on Monday said it has increased the interest rate on its savings deposits of Rs 1 lakh and above (upto Rs 2 lakh) to 5 per cent from 2.75 per cent earlier. The aim is to encourage higher savings leading to a better ...
Read More »Fixed income returns in India set to surge in 2023, prompting higher investments
Fixed income returns in India set to surge in 2023, prompting higher investments [ad_1] Indian investors could reshuffle their investment portfolio to include more debt assets this year on expectations of at least a 30% jump in returns from 2022, analysts said on Monday. Debt investments offered barely any increase in returns last year amid high volatility due to the ...
Read More »Bandhan Bank collection efficiency rises to 98% at end of Dec 2022
Bandhan Bank collection efficiency rises to 98% at end of Dec 2022 Collection efficiency ratio of private lender Bandhan Bank increased to 98 per cent at the end of December 2022 from 95 per cent at the end of the second quarter. An initial disclosure statement by the bank said that the ratio for micro-credit ...
Read More »Axis Mutual Fund, A new paradigm of online investment
Axis Mutual Fund, A new paradigm of online investment [ad_1] The mutual fund (MF) industry has seen explosive growth in the last decade. According to the Association of Mutual Funds in India (AMFI) , Assets Under Management (AUM) of the MF industry in India stood at Rs 40.38 trillion in November, 2022 from Rs 7.93 trillion in 2012, a staggering ...
Read More »How inflation cost influences investment planning
How inflation cost influences investment planning [ad_1] We often hear about investment opportunities offering double-digit market-beating returns that will create wealth and will guarantee a financially secure future and a dignified life. However, returns in themselves don’t signify much without the corresponding inflation figure. Inflation is the rate at which the cost of living grows. Another way to look at ...
Read More »Bond issuance by banks to touch record Rs 1.3 trn in FY23: Report
Bond issuance by banks to touch record Rs 1.3 trn in FY23: Report Gross bond issuances by Indian banks raised more than Rs 91,000 crore in April-December 2022, more than the previous high of Rs 80,000 crore in financial year 2016-17 (FY17), according to ICRA. With tight liquidity conditions likely persisting in the near to ...
Read More »Post Office Term Deposits vs bank FDs: Which is offering higher interest rate
Post Office Term Deposits vs bank FDs: Which is offering higher interest rate [ad_1] [ad_2]
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