Besides high returns, the safety of investments is what makes a scheme attractive to investors. In both aspects, PPF remains an efficacious long-term investment scheme. As it is a government-backed scheme, PPF offers safety along with appealing returns. Being a savings scheme exempt from taxes, PPF is especially suitable for self-employed professionals and small businesses…
On 15th October 2020, ICICI Bank added new features in its WhatsApp Banking services using which customers can create fixed deposits, pay utility bills, and access trading finance details instantly. The primary objective of launching these services on WhatsApp is to make banking even more convenient and accessible for the customers. This service is available…
Table of Contents : What are Small Cap Funds? Features Advantages Who should invest? Taxation Things to be considered List of Best 5 Small Cap Funds How to invest in Small Cap Funds? What are Small Cap Mutual Fund? Small-Cap Funds refer to those mutual funds which primarily invest in companies which have been ranked…
Table of Content: What are Focused Funds? 5 Best Focused Funds for 2020 Features Advantages Who Should Invest? Things to be considered Taxation List of More Focused Funds What are Focused Funds? Mutual Funds investing in a limited number of stocks are known as Focused Funds. According to the Securities and Exchange of India (SEBI)…
After a significant increase in the number of reported banking frauds, in the first half of 2020, RBI has signed and sealed new guidelines to secure debit cards and credit cards. These guidelines will be operative from 1st October 2020. RBI has also instructed all the banks as well as card-issuing companies to disable online…
IDBI Bank has recently enabled a new feature of document embedding with LC/BG (Letter of Credit/Bank Guarantee) messages over the SFMS(Structured Financial Messaging System) platform of IFTAS using the intermediate application i@Connect-SFMS. Also, IDBI is the first bank to enable this banking feature. Benefits of IDBI Bank’s New Document Embedding Feature This new feature of…
Being mindful of the mushrooming of fraudulent banking activities, State Bank of India has decided to improve and secure SBI ATM transactions for its customers. The bank has extended its OTP based cash withdrawal facility for withdrawals of Rs. 10,000 and above, w.e.f 18th September 2020. Earlier, SBI OTP security was furnished for all withdrawals…
हिंदी में पढ़ें Are Mutual Funds good for investments or should I look for safer options like Fixed Deposits? Such questions might be plaguing you. So many Investment options and not knowing where to invest. With this article, we are providing you a set of best investment options in India not just to get higher…
The recently revised interest rates on small savings schemes by the government which will fetch about 0.4% or more on various schemes from the current quarter (October-December), has once again brought the popular Public Provident Fund (PPF) into the limelight. PPF, which was launched way back in 1968 still remains an attractive avenue of…
Investments are the essence of financial planning and meeting the financial goals. To encourage individuals to invest more, several saving schemes are introduced by the Government, financial companies, and banks. These Government-backed schemes are suitable for the investors who are willing to invest in long-term saving schemes, enjoy tax benefits in the old regime of…
