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Tax-free bonds can have higher returns than bank rates Tax-free bonds can have higher returns than bank rates
Tax-free bonds can provide returns that are higher than the prevailing interest rates offered by banks.
Expert panel for investment of NPS corpus into PE, VC funds Expert panel for investment of NPS corpus into PE, VC funds
The total assets managed under NPS are about Rs 82,000 crore, while private sector contribution is just Rs 5,000 crore.
MF exposure to bank stocks drops to Rs 73,000 crore in March MF exposure to bank stocks drops to Rs 73,000 crore in March
Mutual fund (MF) managers dropped their exposure in bank stocks to over Rs 73,000 crore in March after raising it for six consecutive months.
Axis Bank cuts base rate by 0.20% to 9.95% Axis Bank cuts base rate by 0.20% to 9.95%
Country's third-largest private sector lender Axis Bank on Wednesday cut its base rate or the minimum rate of lending by 0.20 percent to 9.95 percent, following its larger peers who also cut their offerings yesterday after Reserve Bank Governor Raghuram Rajan's hard talk.
Axis Bank cuts base rate by 0.20% Axis Bank cuts base rate by 0.20%
A day after major Indian banks cut lending rates, private sector lender Axis Bank on Wednesday cut base rate by 0.20 percent to 9.95 percent.
SBI, ICICI, HDFC Bank cut rates, EMIs set to fall SBI, ICICI, HDFC Bank cut rates, EMIs set to fall
Country's biggest bank SBI and private sector lenders ICICI and HDFC Bank late Tuesday evening cut their base rates by 0.15-0.25 percentage points, a move that could bring relief to corporate and retail borrowers.
Labour panel pitches for enhancing old age pension Labour panel pitches for enhancing old age pension
Besides, some Members of Parliament on the panel suggested that stringent provisions be made to ensure that workers get their minimum wages as per the law.
MF orders via exchange platforms double to 19 lakh in FY15 MF orders via exchange platforms double to 19 lakh in FY15
The number of mutual fund orders placed through the stock exchange platforms has more than doubled to over 19 lakh in 2014-15, primarily on the back of an increased appetite among investors.
Indian Bank revises interest rates Indian Bank revises interest rates
Public sector Indian Bank has revised the foreign currency non-resident banking term deposits interest rates with immediate effect.
Indian Bank revises interest rates Indian Bank revises interest rates
Public sector Indian Bank has revised the foreign currency non-resident banking term deposits interest rates with immediate effect.
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