Sovereign Gold Bonds Series I (FY 2019-20) is available for subscription from June 3 to 7, 2019. The price per bond is Rs 3,196 (3,146 if bought through digital mode). You can invest if you anyway wanted to invest in Gold for 6-8 years. Continue reading →
Indiabulls Consumer Finance Limited has come out with latest NCD (non-convertible debentures) offering up to 10.6% interest rate. The issue opens on May 30 and closes on June 21 , 2019. Indiabulls Consumer Finance Limited (IBCFL), formerly IVL Finance Limited is a non-deposit taking NBFC registered with the Reserve Bank of India and is a 100% subsidiary of […] Continue reading →
Muthoot Finance, the dominant player in Gold Loan Business has come out with public issue of non-convertible debentures (NCD) offering up to 10.00% interest rate. The issue would open on May 10, 2019. Continue reading →
ECL Finance Limited has come out with public issue of non-convertible debentures (NCD) offering up to 10.4% interest rate and opens for subscription from May 10, 2019. Continue reading →
Interest rates quoted by banks are compound interest while annual yield is equivalent to simple interest. Understand the concept of interest rate and yield on fixed deposit to escape misselling by banks Continue reading →
Post Offices like banks offer RD (Recurring Deposits) and offer very competitive interest rates. The latest Post Office RD interest rates for 2019 (Jan to Jun) is 7.3% with tenure of 5 years. Continue reading →
SBI has made a very significant change in its Saving Account Interest Rate for balance of more than Rs 1 Lakh. It has linked the saving account interest rate and short-term loans to RBI Repo Rate. Continue reading →
Post Office MIS is good investment option for someone looking to generate limited monthly income with no risk. The latest POMIS interest rates for 2019 (Jan to Jun) is 7.7% with tenure of 5 years. Continue reading →
Post Offices like banks offer FD (Fixed Deposits) and offer very competitive interest rates. The latest Post Office FD interest rates vary from 7% for 1-year deposit to 7.8% for 5-year deposit. Continue reading →