Credit Lines on UPI: RBI Governor Shaktikanta Das says small finance banks to now offer facility | Mint

Credit Lines on UPI: RBI Governor Shaktikanta Das says small finance banks to now offer facility | Mint

Source: Live Mint Reserve Bank of India (RBI) Governor Shaktikanta Das, during the Monetary Policy Committee (MPC) meeting announcement on December 6, said the bank’s facility of providing credit lines through Unified Payments Interface (UPI) will now be expanded. Das said that while the facility started with commercial banks, it will now be expanded to…

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How can I build a  ₹1 crore education fund for my children in 10 years? | Mint

How can I build a ₹1 crore education fund for my children in 10 years? | Mint

Source: Live Mint Investing through mutual funds offers flexibility in terms of liquidity, risk-based choices, and return potential, making them an excellent tool for achieving long-term goals like funding your children’s education. Given your 10-year investment horizon, equity mutual funds are the ideal choice for building your target corpus, as they typically outperform debt and…

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FD interest rates: 8 banks offer highest interest on 3-year fixed deposits, see details | Mint

FD interest rates: 8 banks offer highest interest on 3-year fixed deposits, see details | Mint

Source: Live Mint Before you lock your funds in a fixed deposit, it is vital to compare the interest rates offered by different banks. Typically most banks offer somewhat similar interest on the deposits of the same tenure, however, a small difference of, say, 30-40 basis points may account for noticeable difference in wealth generation over…

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