RBL Bank hikes interest rates on fixed deposits: Latest rates inside
[ad_1] RBL Bank, a private sector lender, raised interest rates on fixed deposits below ₹2 crore. The new rates are effective as of July 21, 2022, according to the bank's...
IDFC First Bank revises interest rates on savings account: Check new rates here
[ad_1] The interest rates on savings bank accounts have been modified by private sector lender IDFC First Bank. The bank's official website states that the new savings account rates are...
Why Kredent InfoEdge’s Vivek Bajaj chooses momentum investing
[ad_1] Bajaj started as a commodity analyst with JM Financial, but quit soon after to become a full-time trader. He has traded not only in equities but also in commodities...
Compare your bank FD rates
[ad_1] Bank fixed deposits (FDs) continue to be popular investment products not just among senior citizens, who are looking for guaranteed income, but also among investors who can’t stomach risk....
How a woman can transfer shares to her son on dissolution of HUF
[ad_1] What are the steps that a woman needs to take to transfer shares to her son upon the dissolution of a HUF (Hindu undivided family)? —Name withheld on request ...
Investors can use MFU’s Cencom to track all queries: Ganesh Ram
[ad_1] What does MFU offer to mutual fund investors (individuals) today? We need to understand the purpose of MFU. Market regulator Sebi had asked the Association of Mutual Funds in...
IndusInd Bank, EazyDiner partner to launch a co-branded credit card
[ad_1] NEW DELHI: IndusInd Bank on Thursday announced a partnership with table reservation platform EazyDiner to launch a tailor-made co-branded credit card - EazyDiner IndusInd Bank Credit Card. The cardholder...
Our BAF model will use both price-to-book, P/E ratios: Mayukh Datta, Mirae Asset
[ad_1] Mirae Asset Mutual Fund is launching a Balanced Advantage Fund (BAF) on 21 July (NFO start date) after shying away from the category for a considerable number of years....
How to get better returns by investing ₹1 lakh every month
[ad_1] I am 61 years old and have been investing a total of ₹1 lakh every month in the names of five of my family members (including myself) over the...
Auto or active investment: Which option is better for NPS?
[ad_1] The National Pension System (NPS) allows subscribers to invest in various asset classes such as equity, corporate bonds, and government securities through two options: active choice or auto choice....
Nomination under various financial assets need a review
[ad_1] Covid has brought us face to face with our own sense of mortality. Among the many new things we have learned to focus on, the most critical is the...
Going abroad? Switch off your mediclaim policy and get discount on renewal
[ad_1] ManipalCigna Health Insurance Company on Wednesday introduced a revolutionary ‘Switch On - Switch Off’ benefit in a new plan. The power to ‘Switch Off’ benefit comes with advantage and...
3 benefits of income tax return (ITR) filing even if you earn below ₹2.5 lakh
[ad_1] ITR filing: The due date for income tax return (ITR) filing for FY 2021-22 is 31st July 2022. While it is advisable to file ITR on or before 31st...
Mutual Fund Investment: Keep the tax factor in mind
[ad_1] Mutual Fund investments have become a hot entity among young investors who capitalise the tool as long term saving option with comparatively good returns clubbed with tax saving benefits....
ITR filing: How to correct error in Annual Information Statement (AIS)
[ad_1] The last date for filing of income tax return (ITR) for AY 2022-23 is 31 July. So, taxpayers are advised to check the Annual Information Statement (AIS) thoroughly as...
Tax on your gold and real estate investments
[ad_1] Real estate and gold have traditionally formed a large chunk of Indian investors' portfolios. However, over the past few years, returns from real estate have been poor to negative....
The ‘lazy’ investing style of Nippon’s Sundeep Sikka
[ad_1] Sundeep Sikka’s incremental investments go only into equity. However, that wasn’t always the case, says Sikka, ED & CEO, Nippon India Mutual Fund. “At the start of my career,...
HDFC Nifty50 fund turns 20 years, ₹10,000 SIP would have made you a crorepati
[ad_1] Twenty years of the HDFC Index Fund Nifty 50 Plan have been achieved by HDFC Asset Management Co. Ltd. This open-ended strategy tracks the NIFTY 50 Index. The fund...
SBI vs HDFC vs ICICI vs Axis vs PNB vs Yes Bank: Check premature penalty on FDs
[ad_1] For debt investors seeking capital building over a predetermined time period, fixed deposits (FDs) are a good option. Along with fixed rates of return, bank FDs have flexible terms...
Why flagship MF schemes don’t always deliver
[ad_1] Yet, most flagship schemes have been unable to deliver superior returns consistently, as per a Mint analysis. This is depicted by the accompanying graphic which charts the performance of...
It’s time to claim your forgotten deposits kept with banks
[ad_1] The Reserve Bank of India (RBI) has been running an ad campaign with actor Amitabh Bachchan urging people to get back their unclaimed deposits from banks. As of March...
Compare company FD rates and ratings
[ad_1] Corporate FDs are popular among investors who want fixed returns higher than what bank FDs give, even at a slightly higher risk. However, just like FDs, interest on corporate...
Is it mandatory to get NOC for a gift deed?
[ad_1] Is it mandatory for people to obtain a no-objection certificate (NOC) from their family members for any gift deed received by them? —Name withheld on request Under the...
Fincare Small Finance Bank hikes interest rates on fixed deposits
[ad_1] On fixed deposits below ₹2 crore, Fincare Small Finance Bank has announced an increase in interest rates. According to the bank's official website, the new rares are effective as...
Mutual fund portfolio: When should I book profit and reinvest?
[ad_1] My husband earns a salary of ₹1.2 lakh per month and I have a monthly salary of ₹80,000. We ahave about ₹50 lakh in mutual funds and I have...
Should you buy multi-year health insurance?
[ad_1] A multi-year health insurance policy is a long-term alternative to an annual health policy. A multi-year policy, as the name suggests, will provided coverage for an extended duration of...
Tax breaks that you will forgo on failing to file ITR on time
[ad_1] The due date to file income tax returns (ITR) for the assessment year 2022-’23 (financial year 2021-’22) is 31 July. This deadline is for individual taxpayers who do not...
What a personal loan costs you
[ad_1] Personal loans are a way to use tomorrow’s income today, and unlike other loan products such as to buy a house or pay for an education, the process involved...
These private sector banks promise over 6% interest rates on 1 year FDs
[ad_1] Owing to the RBI's increase in the repo rate to 4.90 per cent during the MPC meeting in June, interest rates on fixed deposits are on the rise. Fixed...
These private sector banks promise over 6% interest rates on 1 year FDs
[ad_1] Owing to the RBI's increase in the repo rate to 4.90 per cent during the MPC meeting in June, interest rates on fixed deposits are on the rise. Fixed...