Fixed Deposit Rates are up again
Introduction
In this article I will be writing about the interest rates for fixed deposits in the coming months. As we have noted earlier that RBI had increased the CRR ratio by 0.75 points. This reduce the about Rs.35000 crore money from the liquidity. It is expected to be increase in the banks fixed deposit interest [...]
File your IT returns with Paisaa.in
Introduction
In my previous articles I have explained the details about the IT returns and why filing IT returns is very important. I have not mentioned anything about the filing IT returns online by using the website. In this article I will be writing about one of the popular website in that area and it is [...]
Home Loans Interest Rates will be increased
It is time for the home loans interest rates hike. Already leading home loans provider HDFC and ICICI has rolled back the two year fixed rates scheme. Few weeks back RBI had hiked the CRR rates by 0.75%. It reduces the liquidity in the system and tightens the monetary policy. It leads to banks revise [...]
Implementation of base rates from July 1,2010
RBI had announced the base rate system which will set the interest rates for the bankers to lend their borrowers. Earlier the rate is known as the Prime Lending Rate(PLR) for the banks. Normally the banks can not lend the money below the PLR to avoid any loss or risk. But, banks started offering the [...]
Importance of Health Insurance
Introduction
In this article I will be writing about the key points related to choosing the right health insurance policies. It is one of the important financial planning for you and your family. In the recent survey, it shows that India has the highest number of diabetes patients in the world. It is very shocking news [...]
PayPal allows local bank withdrawls in India
Earlier I have posted that RBI had suspended the Indian paypal payments. As we know many of the webmasters and small business owner rely on paypal service to receive the money from other countries. The reason why RBI had issue is, you can send the any number of amount using the paypal as the personal [...]
New Tax Slabs for Individuals (Budget 2010-11)
It is good time for the common man when the union finance minister announced the new tax slabs for the common man. The new slabs will definitely reduce the burden of common man and it will be some relaxing news for them because already inflation is soaring to new high. The following table shows the [...]
Petrol and Diesel Prices increased from tonight (Budget 2010-11)
The government has announced a hike in the prices of auto fuels like petrol prices by Rs 2.67 per litre and diesel prices by Rs 2.58 per litre with effect from tonight.
HDFC Bank Increases Fixed Deposit Rates
India’s second largest private sector bank HDFC Bank has increased the fixed deposit rates by 150 points. Earlier I have posted about the CRR Ratio hike by the Reserver Bank of India(RBI). As I have explained in the post. CRR hike will reduce the liquidity of the banks and will tighten the money lending to [...]
Birla Sun Life Capital Protection Oriented Fund – Series 1
This article explains about the new mutual fund scheme announced my Birla Sun Life Mutual Fund. The name of the new fund scheme is Birla Sun Life Capital Protection Oriented Fund – Series 1. It is close ended 27 month period investment options.
The highlight of this investment is, those who want to invest on the [...]
