ArticleField.comInternet's Fastest Growing Free Content Article DirectoryState-owned Bank of India (BoI) on Tuesday increased fixed deposit rates on various maturities by up to 2.5%. For fixed deposit with a tenor between 15-30 days, the new interest rate will be 4.50% against the existing 2.75%, while 46-90 days fixed deposits will attract an interest rate of 5.50%, an increase of 150 basis […]
Many foreign investors and private equity funds putting money in Indian firms will soon realize that pulling out of the country can be a lot tougher than they imagined. For years, offshore financial and strategic investors have struck deals with their Indian partners to put in place an easy exit arrangement. It gave the abroad […]
Recovery in the global markets helped Indian investors pick up part of their losses, as the Sensex ended at 18,266.10 points on Friday, a mere 60 points, or 0.33%, down from the week before. Debt markets: With inflation continuing to be higher than estimated, all eyes are now on the central bank, which is likely […]
State-run Life Insurance Corporation of India (LIC) will seek licence from the Singapore government to set up a subsidiary to sell policies. In 2009, LIC had sought the approval from the Singapore government to set up office which was turned down as the insurer did not have a rating in place. The corporation has got […]
Did you know that identity theft claims a new victim somewhere in the world every two seconds? More alarmingly, mail theft continues to be a preferred route for fraudsters. In the US, one in three cases of ID theft occurs through the mail. The incidence of theft of credit card from the postal system soared […]
