BUSINESS
NPS equity schemes underperform the Nifty 50 over the past three years
LIC and SBI Pension funds were laggards, with 12.75 percent and 12.7 percent returns, respectively, over a three-year-period
MCMINIS
What is tokenisation for secured card transaction?
BUSINESS
Flipkart co-founder Sachin Bansal’s Navi Mutual Fund to launch cheapest index fund
The new fund offer (NFO) of Navi Nifty50 Index Fund will be open for subscription between July 3, 2021 and July 12, 2021.
BUSINESS
FM extends EPF subsidy deadline for new hires, low-income earners to benefit
Eligible employees should look to save, rather than spend, the increased take-home salary.
BUSINESS
Government extends tax deadlines, exempts funds received for COVID-19 treatment
The CBDT has also granted relaxation for uploading Forms 15G/H – declarations to be submitted to banks to avoid deduction of tax on interest earned - for the quarter ended June 30, 2021.
MCMINIS
How does NPS withdrawal at retirement work?
MCMINIS
How are gold prices in India decided?
BUSINESS
DSP Mutual fund's head of fixed-income quits to join Sapient Wealth
In his new role, Saurabh Bhatia will oversee the Sapient Wealth’s fixed-income strategies
MCMINIS
A quick guide to buying a used car
BUSINESS
DCB Bank, RBL Bank and Yes Bank offer 6.50% interest on tax-saving deposits
State Bank of India offers 5.40% interest on tax-saving FDs
MCMINIS
What tax benefits does NPS offer?
MCMINIS
Why is cutoff time important in mutual funds?
BUSINESS
Union Bank, Central Bank of India offer the lowest interest rates on personal loans
Interest rates on top ten cheapest deals range from 8.9-10.05 percent
MCMINIS
Why investors are selling banking & PSU bond funds
MCMINIS
Why worries over digital frauds spiked amid COVID
BUSINESS
16-75% of their annual salaries: That’s how much SEBI fined Franklin Templeton’s personnel
From Franklin Templeton's public disclosures, senior executives earned Rs 2 crore to Rs 12.26 crore. The fine amounts ranged between Rs 1.5 crore and Rs 2 crore.
MCMINIS
How Study Now, Pay Later option works
BUSINESS
SEBI fines Franklin Templeton's CEO, fund managers, trustees and compliance officers
In continuation of its investigation into Franklin Templeton's conduct with its debt schemes, SEBI imposed monetary fine of Rs 3 crore on CEO Sanjay Sapre, and CIO, Fixed Income Santosh Kamath.
BUSINESS
RBL Bank, Yes Bank offer the best interest rates on 1-year fixed deposits
HDFC Bank and ICICI Bank offer 4.90 percent interest rates on one-year FDs
TRENDS
Why NPS Conservative Fund is ideal for risk-averse
BUSINESS
Gold loans: Bank of India and State Bank of India among those offering the lowest rates
Punjab & Sind Bank offers the lowest interest rate, at 7 percent
BUSINESS
Kotak Mahindra Bank, Punjab & Sind Bank offer the lowest interest rates on home loans
Interest rates of most lenders remain below 7 percent
MUTUAL-FUNDS
Equity funds see surge in net inflows in May 2021
Bond schemes have seen net outflows of Rs 44,512 crore.
BUSINESS
Punjab National Bank and IDBI Bank offer the best rates on savings accounts
These banks offer the highest interest rates among public sector peers.
