ArticleField.comInternet's Fastest Growing Free Content Article DirectoryAs the Reserve Bank of India (RBI) announced another round of rate increases, there is a set of people who are cringing at the rising interest rates. Not the borrowers, though this is most likely the only scenario that strikes us with regard to such rate hikes. The other set of people are those who […]
If, like many investors who are risk-averse, you have low income, your saving options can include parking your funds in the bank because they offer a promise on the principal amount as well as some sure returns. While they are definitely one of the safest options, these instruments may offer low returns on your money. […]
If you were eyeing that dream house or a swanky set of wheels, prepare to shell out a little more. Home loans, auto loans and loans to businesses are set to get expensive with the Reserve Bank of India increasing its key policy rates by 25 beginning points on Thursday. However, most banks are unlikely to increase rates before April-end and […]
The State Bank of India (SBI) has said that deregulation of interest rates on savings account will not be good for the domestic banking system. “Deregulation of savings account interest rate will not be good for the domestic banking system. It may at best aid a few banks and not definitely the system,” SBI chairman […]
Fixed deposit (FDs) being the flavour of the season with their attractive interest rates and terms, I will discuss how you can get maximum benefit out of this instrument with esteem to tax as well as returns. By investing in FDs with banks you can avail tax benefit under Section 80C. Moreover, you need not […]
