The FinTech Hub
Source: Live Mint Investment word of the day: A Certificate of Deposit (CD) is a financial instrument administered by the Reserve Bank of India, where interest is earned on an amount deposited for a specific time period. These short-term investment instruments are typically considered secure because the deposited amount is not subject to market volatility….
Source: Live Mint PF new rule: Your Provident Fund (PF) contributions may earn a stable interest soon as the government is considering creating an interest stabilisation reserve fund for the Employees’ Provident Fund Organisation (EPFO). According to a report by The Economic Times quoting officials in the know of the matter, over 65 million EPFO…
Source: Live Mint I am a married man, 35 years old, and have two minor children. Neither my wife nor I own anything substantial at this time, but we have nominees for some bank and demat accounts, PPF, etc. We have been advised to create a will, but we feel we are too young for…
Source: Live Mint In 2020, Yes Bank’s share price plummeted following an RBI crackdown on its mounting bad loans. The central bank intervened, took over the lender, and initiated its reconstruction. This sparked a series of major decisions that not only made the stock highly volatile but also a favourite among traders and short-term investors,…
Source: Live Mint If one were to go about discussing all this, it would take a book. And so, that would be a need met in three months. But there is a pressing need to address the point I raised at the outset: How to approach asset allocation in bullish times. It may perhaps not…
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 8:45 PM IST Banks struggled to mobilise large deposits to meet the increasing credit demand in the last two financial years, a report said. Outstanding credit disbursed by Scheduled Commercial Banks (SCBs) was at the highest level in 2023-24 amounting…
