You must be reading in the newspapers about all the big players like Reliance, Tech Mahindra, Bharti Airtel, Videocon, Kishore Biyani, Dilip Sanghvi etc. are queuing up for Payment Banks license. But what exactly are Payment Banks? Payment Banks Continue Reading
Pradhan Mantri Sneha Bandhan Yojana
Modi Government has added one more yojana in the list of Pradhan Mantri Yojana, with the name of “Pradhan Mantri Sneha Bandhan Yojana”. August is the month of Raksha Bandhan and for this purpose, three specially designed gifts products are announced Continue Reading
How Fixed Deposits Provide Health Benefits?
The only benefit of choosing Corporate Fixed Deposits over Bank Fixed Deposits is higher interest rate. Corporate Fixed Deposits gives you better return but bear a risk of losing money if company defaults. Thus the advantage of higher returns gets Continue Reading
Story of Zimbabwean Dollar Extinction
You must have heard about the devaluation and the near extinction of Zimbabwean Dollar, the worst case of inflation in the century. Zimbabwean Dollar has become worthless as the people of the country lost their faith in the Currency. The same thing Continue Reading
How Timing FD and RD consecutively can beat Atal Pension Yojana as much as by 20%?
FD plus RD beats Atal Pension Yojana You can generate better Post-Tax returns from Atal Pension Yojana by timing RD and FD together. I have tried to summarize the calculation in the simplest manner by an example. Mr.A aged 30 years, working as a Continue Reading
Personal Loan Interest Rates with Eligibility
Personal Loans acts as a saviour at the time of financial crisis. Being one of the quickest loans, personal loans become handy when it comes to financial urgency. Although, family and friends are there to offer you their best support, but everyone Continue Reading
Highlights of RBI Repo Rate Cut
In the second bi-monthly monetary policy review, RBI Governor RaghuRam Rajan has taken the highly anticipated move of cutting the repo rate (short term lending rate) by 25 basis points i.e. .25% to 7.25 per cent. This is the 3rd time that RBI has cut Continue Reading