BUSINESS
IDBI Bank and Canara Bank offer higher rates on savings accounts than public sector peers
IDBI Bank offers up to 3.4 percent on savings accounts, followed by Bank of Baroda and Canara Bank, which offer up to 3.2 percent
BUSINESS
Yes Bank and DCB Bank offer 7% interest on 3-year FDs for senior citizens
Axis Bank and Kotak Mahindra Bank offer 5.9 percent and 5.6 percent interest, respectively
MCMINIS
The benefits of a systematic transfer plan in MF
MUTUAL-FUNDS
Mutual fund data for June: Equity inflows decline despite rise in SIP investments
Monthly SIP investments crossed Rs 9000 crore mark again.
MCMINIS
How do the new fixed deposit rules affect you?
MCMINIS
Coming soon: Higher NPS fund management charges
BUSINESS
Remitting money abroad? Banks and dealers will accept physical forms 15CA/CB till July 15
The purpose is to intimate the income tax department and completing the process is necessary for banks to authorise the payments.
MCMINIS
How big must your emergency fund be?
PERSONAL-FINANCE
Status quo on interest rates: Should you go for small saving schemes?
If you have been following the bond market, then you would have noticed that the bond yields are rising across the world. But do not wait for higher rates on small saving schemes.
BUSINESS
Punjab & Sind Bank, Central Bank offer the lowest rates on car loans
Interest rates on car loans from top lenders range from 6.8-7.55 percent
BUSINESS
AU Small Finance and Ujjivan Small Finance banks offer 7% on savings accounts
The interest rates offered by small finance banks are now higher compared to private banks.
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
