Page 2 - Dev Ashish News Today

The Central Government reviews the interest rates of small savings schemes every quarter based on the G-Secs yields of the previous three months. To know whether there will be a hike in post office schemes for the October-December quarter, you need to understand how the interest rates are calculated first. There are set formulae for mark-ups over the previous three months average yield of relevant G-Secs of comparable maturity. Find out what experts suggest.

Is it possible to get a credit card if you are not employed — what if you are, say, a student, a retired person or a homemaker? Proof of income is not the only way to understand the repayment capability of a credit card applicant. Banks have multiple ways to check the credibility of a customer who does not have salary-account statements or payslips. Find out how you can get a credit card without income proof.

The Reserve Bank of India said original property documents must be returned within 30 days of borrowers settling their personal loans.

Fixed Deposit Interest Rate: DCB Bank slashed interest rates on its fixed deposits by up to 50 basis points this month. Among other banks, Axis Bank, Bank of India, Punjab National Bank (PNB) and IndusInd Bank have also cut interest on fixed deposits recently. RBI paused the benchmark repo rate for the third consecutive time in the August Monetary Policy Committee (MPC) meeting. With the dream run of interest rate hikes on FDs almost coming to an end, how should you invest in FDs now?

In this story, we bring out the common missteps and mistakes that clients make while engaging with planners. We hope it will help you unlock the true potential of your relationship with your adviser.

With stock indices close to their all-time highs, there is bullishness all around. Individuals tend to make their worst investing mistakes in such bullish times. Here are a few common investing mistakes that investors should avoid at this stage.

Interest rate of post office time deposits (POTD) which matures in five years, has touched 7.5 per cent for the July-September quarter of 2023. The post office time deposit is similar to bank fixed deposits. Backed by the government, the money in the post office term deposits is completely protected, with guaranteed returns. When compared to five-year tax saving fixed deposits (FDs) of major public and private sector banks, 5-year post office time deposits offers a higher interest rate. Should ...

At present, RBI Floating Rate Savings Bond (FRSB) 2020 (Taxable) offers an interest rate of 8.05 per cent. Is it time to hop on the high-interest bus to get some good returns from RBI Floating Rate Savings Bond (FRSB) 2020 (Taxable)? Lets understand how it works and who should invest in these bonds.

Analysis by peer-to-peer lending platform LenDenClub shows that 59 percent of lenders and a whopping 87 percent of borrowers are under 40 years of age.

Bajaj Allianz Life Insurance has now come up with a term insurance plan specially designed for people who have diabetes. Named as as Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c, it is a pure term life insurance cover. The minimum policy term will be for five years. The minimum sum assured will be Rs 25 lakh. The minimum entry age will be 30 years and the entry age goes up to 60 years for this plan. Should you buy it?