Edelweiss Retail Finance has come out with public issue of non-convertible debentures (NCD) offering up to 9.25% interest rate. The issue opens on March 7 and closes on March 22, 2018. Edelweiss Retail Finance Ltd is a non-banking finance company, offering wide range of Housing Finance and other retail credit products like Housing loan, Loan against […] Continue reading →
SREI Infrastructure Finance has come out with public issue of non-convertible debentures (NCD) offering up to 9.50% interest rate. The issue opens on February 9 and closes on March 7, 2018. SREI Infra Finance is primarily into financing of infrastructure projects along with advisory. SREI Infra Finance NCD – Significant Points: Offer Period: February 9 to March […] Continue reading →
The 8% Government of India Savings (Taxable) Bonds, 2003 has been closed for subscription from January 2, 2018. Now the same bonds would be relaunched offering 7.75% interest and maturity of 7 years from January 10, 2018. We look at the salient features of these GOI bond so that you can decide if it’s right […] Continue reading →
Government of India announces interest rate on small saving schemes like PPF, Senior Citizen Savings Scheme, Post Office Fixed and Recurring Deposits and Sukanya Samriddhi Account every quarter effective April 2016. This is done to keep these interest rates in sync with the market rates. The table below shows the interest reset schedule: Interest Rates […] Continue reading →
Government of India has launched the Series III for FY 2017-18 of Sovereign Gold Bonds from December 25 to 27, 2017. These bonds are investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. Highlights Sovereign Gold Bond Eligibility: Resident Individuals, HUFs, trusts, universities, charitable institutions, etc Application Date: December 25 to […] Continue reading →
There can be several situations when we look for regular income. This is especially true for people after retirement without any pension. Also there would be new entrepreneurs who need regular income until their start-up stabilizes. We tell you 13 investments which can generate regular income for you along with their pros and cons. 1. Bank […] Continue reading →
Fixed deposit with banks are the most popular investment option for regular income after retirement. But with interest rates going down retirees have started exploring other options. Systematic Withdrawal Plan (SWP) in debt fund is one such option which retirees and people looking for regular income must evaluate. As per your SWP instructions to mutual fund, […] Continue reading →
You might have received Whatsapp forward or read somewhere on social media about a new proposed Financial Resolution and Deposit Insurance Bill (FRDI) which has a “Bail-in” clause where in case of bank failure, depositors money like fixed deposits, savings bank account, etc can be used to absorb bank losses. This is just a proposed bill […] Continue reading →
Kosamattam Finance has come out with public issue of non-convertible debentures (NCD) offering up to 10.47% interest rate. The issue is already open for subscription and closes on December 29, 2017. Kosamattam Finance Ltd is a Kerala Based NBFC engaged in gold loan finance business. They lend money against the pledge of household Jewellery in the state […] Continue reading →