Category Archives: News
News Bites
News Bites
News Bites
Want to know what’s new in the world of finance? Read all about the latest news and developments that are relevant to you. Get bite sized updates about the Sovereign Gold Bond Scheme, the introduction of the Rupee Bond, the annual increase in government employee’s wages, NRI Deposits and bad loans by public sector banks.
The Swachh Bharat Cess: What It Means to You
The Name’s Bond. Gold Bond.
Just like Ian Fleming’s iconic character, gold bonds have made a flamboyant entry into the scene. On Nov 5th, the Prime Minister launched the much anticipated Gold Bond Scheme, which is aimed at limiting the allure of physical gold. Here are a few things that you need to keep in mind succumbing to the yellow… Read More »
Home Loan Rates as on 16th Oct 2015: When it Rains, it Pours!
[table id=39 /] ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »
ITBA-PAN: Proposed Portal by the Tax Department Promises the Moon
Get a new PAN and PAN card in 48 hours flat, instead of the usual 15 days. Request for deletion or deactivation of your PAN from the comfort of your home. Or activate a wrongly deleted or deactivated one equally easily. Wondering what’s changed? The Government is all set to launch the Income Tax Business Application-Permanent… Read More »
Banks May No Longer Sell Insurance
Remember when you picked up a life insurance policy at your bank from the very conveniently placed insurance desk inside the bank premises? Well, that may be soon a thing of the past. If the Insurance Regulatory and Development Authority of India (IRDA) has its way, that is. The IRDA has recently asked banks to… Read More »
Home Loan Rates as on 9th Oct 2015: It’s Raining Rate Cuts!
[table id=38 /] ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »