ArticleField.comInternet's Fastest Growing Free Content Article DirectoryPrivate sector Kotak Mahindra Bank Monday raised base rate or minimum lending rate and fixed deposit rates by up to 50 basis points in response to policy rate hike by Reserve Bank. The bank also hiked its Benchmark Prime Lending Rate (BPLR) upwards by 50 basis points making loans expensive for the existing borrowers. Besides, […]
Construction is defined as “a process that consists of the building or assembling of infrastructure.” On the other hand, a Construction Project “includes all material and work necessary for the construction of a finished structure for occupancy by End Customer. This includes site preparation, foundations, mechanical, electrical work, and any other work necessary to complete […]
If you have an inoperative employee provident fund account, now is the right time to withdraw your corpus, as it is not earning any interest. With the interest rates on fixed deposit soaring high, it is time to withdraw your employee provident money. From April 1 all inoperative or dormant accounts have stopped earning interest. […]
Birla Sun Life Asset Management , the third-largest mutual fund, will cut holdings in automobile companies, state-owned banks and capital goods creators as the central bank’s fight against inflation will squeeze earnings in these sectors. Old telecom companies may be a ray of hope despite the scandal in the sector that may hurt only the […]
The Reserve Bank of India (RBI) has said in a draft paper that the savings account interest rate should be deregulated. This rate is currently 3.5% and is the only interest rate offered by banks that is imposed across all banks. Even though knowledgeable investors do not keep a significant proporti money in savings accounts, this […]
