Since various types of cyber crimes are taking place on the internet, one should be cautious during online transactions. With cyber criminals coming in various forms, stealing and forgery of individuals’ PAN cards, Aadhaar numbers, etc. has also increased. Recently, a fraudster in the state of Chhattisgarh received government assistance in the name of well-known … Read more
Mumbai, The Reserve Bank of India has instructed banks not to freeze bank accounts from which pension and government subsidies are received, for any reason. Speaking to the directors of private banks in this regard, RBI Deputy Governor Swaminathan said, It is necessary to obtain the Know Your Customer (KYC) procedure. Bank accounts from which … Read more
Financial planning is the planning of financial matters in advance. Financial planning helps ensure future financial security. A well-crafted financial plan helps you achieve long-term goals and weather unexpected crises. Also, it guides to control costs and maximize savings. Here are the key features and ways to best carry out financial planning that will guide … Read more
Is a maturing investment suitable for reinvestment, When the investment matures it should be decided properly whether to withdraw or reinvest the amount. Why is Reinvestment Necessary? The investments we make have different maturities. Generally, when the investment matures, the amount can be drawn as per requirement. However, sometimes you may not know what to … Read more
Indian women excel in financial planning, Women advancing financial planning, The study revealed that working women living in Indian cities have the power and ability to make independent financial decisions. To understand the financial planning of urban women in India, TBS Bank, in association with CRISIL, conducted a study on ‘Women and Finance’. 47 percent … Read more
A mutual fund can give high returns in the long run, which is usually what investors expect when investing in funds, but even if the funds perform well, the risks associated with these should be kept in mind. How do you identify investment risks There are a number of ways to identify risks in mutual … Read more
Fixed Deposits (FDs) can be invested in banks and post offices for a fixed period of time. Minimum 14 days Maximum 10 years. NSC National Savings Certificate can be invested only in Post Offices. Let’s see about this in detail.. What are the benefits of NSC over FD FD stands for Fixed Deposit, which is … Read more
There is no safe investment that can consistently generate 10-15% returns per month. Any investment that promises such high returns is likely to be very risky. Which investment gives 15% returns Here are some investments that have the potential to generate 10-15% returns per year, but they also carry a high level of risk: Stocks, … Read more