A very high percentage of Indian household savings are being invested in Bank Deposits. For most of the investors safety of capital and guaranteed investment returns are the top most priorities. In recent years, investors have started taking a hard look at Best Company Fixed Deposits too. The Company FDs are similar to Bank FDs. […]
Fixed Income (Bank FDs,RDs,PF etc)
Pradhan Mantri Laghu Vyapari Maan-dhan Yojana 2019 : Govt Pension Scheme for Small Traders | Features & Details
India has a rich tradition of trade and commerce. Our traders continue to make a strong contribution to India’s economic growth. In a decision that will benefit the trading community, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi has recently approved a new scheme called ‘Pradhan Mantri Laghu Vyapari Maan-dhan Yojana‘ that offers […]
Post Office Small Saving Schemes Interest rates July – Sep 2019 | Q2 of FY 2019-20
The National Savings Schemes (NSSs) are one of the very popular saving schemes in India. These are regulated by the Ministry of Finance. They offer complete security of investment combined with attractive returns. These schemes also act as instruments of financial inclusion especially in the geographically inaccessible areas due to their implementation primarily through the Post […]
How to make EPF Death Claim by Nominee of a Subscriber? | EPF/EPS/EDLI Scheme Benefits
“A sum of Rs 27,000 crore is lying as ‘unclaimed amount‘ in the EPF accounts”. That’s a huge amount! The reasons for not claiming EPF Scheme benefits can be due to ignorance/ negligence on part of the EPF members, procedural delays by the EPFO or ‘no-claim’ made by the nominees/legal-heirs after the death of the subscribers. As an EPF subscriber, […]
Indiabulls Consumer Finance NCD May – June 2019 Public Issue : Details & Review
The Reserve Bank of India (RBI) on April 4, 2019 has recently released its first bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 25 basis points (1 bps is 0.01%). In view of the above, most of the banks and corporates may reduce the interest […]
Muthoot Finance NCD May 2019 Public Issue : Details & Review
The Reserve Bank of India (RBI) on April 4, 2019 has recently released its first bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 25 basis points (1 bps is 0.01%). In view of the above, most of the banks and corporates may reduce the interest […]