Suitable for those who need regular income; the interest rate on these 7-year taxable bonds will be reset every six months
Read MoreAfter the cut in deposit rates by banks and the cut in small savings rate by the government, it has now removed the remaining safe investment option
Read MoreUnder RBI’s special facility, banks will draw the money from RBI and then provide it to mutual funds for meeting redemptions. But how effective will this special liquidity facility be?
Read MoreWe look at how this special liqudity facility can be used by the debt funds, especially high-risk ones, to keep afloat in the face of heightened redemptions
Read MoreLenders are offering loan moratorium, but opting for this will make you pay a lot more interest later. EMI pause if you must, better to seek informal loans from friends or family to manage the crisis
Read MoreThe government has announced 70-140 basis point reduction in interest rates on small-saving schemes including NSC, PPF and SCSS
Read MoreSince interest will continue to accrue on the outstanding portion of the term loans during the moratorium period, they will be added in the loan amount outstanding
Read MoreHere are the frequently asked questions on 3-month moratorium on installment payments and their answers announced by RBI
Read MoreThis is for the first time in the history of the Indian banking sector that a bank’s tier 1 bonds is being written down at the ‘point of non-viability’
Read More