ArticleField.comInternet's Fastest Growing Free Content Article DirectoryThe Reserve Bank’s draft paper favouring deregulation of the interest rate on savings bank accounts has suggestd a cautious reaction from lenders who said the proposal would increase cost of operations. While the RBI argued that the freeing of savings deposit rate would increase opposition and innovation and benefit depositors, bankers said it could lead […]
Domino’s Pizza, a leading food brand and a market leader in the pizza home-delivery segment in India, is trialing credit card payments over the phone, for home delivery of its delicious and hot pizzas. This move comes as an attempt to making ordering your favourite Domino’s Pizza even more easy and convenient. With the help […]
Mutual funds offer liquid funds and ultra short-term funds in the debt category, which are proper for short investment periods. Ultra short-term funds were previous known as liquid plus funds. Liquid funds invest in money market instruments with a maturity of 91 days or less. However, there are no such restrictions for ultra short-term funds. […]
Private sector Kotak Mahindra Bank Monday raised base rate or minimum lending rate and fixed deposit rates by up to 50 basis points in response to policy rate hike by Reserve Bank. The bank also hiked its Benchmark Prime Lending Rate (BPLR) upwards by 50 basis points making loans expensive for the existing borrowers. Besides, […]
If you have an inoperative employee provident fund account, now is the right time to withdraw your corpus, as it is not earning any interest. With the interest rates on fixed deposit soaring high, it is time to withdraw your employee provident money. From April 1 all inoperative or dormant accounts have stopped earning interest. […]
