The Reserve Bank of India deregulated savings rate in October 2011, but State Bank of India, other public sector banks and private banks such as ICICI Bank and HDFC Bank held their rates steady. Kotak Mahindra Bank, YES Bank and IndusInd Bank upped their savings bank rates. Recently, State
Hot Topics
- Hidden Charges In Your Saving Bank Account Savings accounts are designed to encourage more savings, unlike current accounts which allow unlimited transactions and do not offer any interest. An individual who has a steady income for example...
- Market Correction Some of our investors are asking about the current market correction and future course of action on this event. They are very much confident about their ‘Comprehensive Financial Plan’ which...
- Beat Inflation Inflation! Is it making any impact on your savings and investments? Yes, inflation and taxes are two silent killer. They will make corrosive impact on your investments. Sometimes you may...
- How Wealth Is Created? Wishing you and your family a magnificent 2019. I am writing this article after 3 months due to my CWM (Chartered Wealth Manager) Exam preparation. Thank you so much for...
- Wealth Creation v/s Wealth Erosion Generally we are savings are likely to be held in five major categories—property, equity, debt, precious metals, and cash. Whatever the investment product, however complex it’s terminology and working, it...
Warren Buffett ‘s -Simple Retirement Advice Warren Buffett, has a net worth of $77.2 billion in July 2017, according to Bloomberg. Imagine sitting down with Warren Buffett, an American business magnate, investor, and philanthropist, to discuss how you should invest for retirement. A lot of questions come to mind.
Planning your taxes is an integral part of your financial planning. It may be short-term, medium-term or long-term. Sec 80C of the Income Tax Act allows you to claim deductions from your taxable income by investing in certain investments. One of the most popular Sec 80C investments is in
Managing finances is an important aspect of the life of every working individual and to ensure that one is able to lead a life free from worries, it is important that it is done properly in a planned manner. I used to interact with many young professionals who come
Let us listen to Warren Buffett‘s winning investing strategy: 1) “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1” 2) “Price is what you pay. Value is what you get.” 3) “Risk comes from not knowing what you are doing.” 4) “It’s better to hang
I used to interact with many young professionals who come to us for personal financial advice. It’s a question that remains key in the interaction and not to bother about retirement at this age – say 25 years. Boss, just started my career and want to enjoy my life.
As the Fiscal Year 2017-18 already started, it is time for investment to save tax and tax planning. While the government expects you to pay income tax, it also allows you to legally save on income tax. No matter how much taxable income you earn, there are certain exemptions
Just Imagine, you know the product you wish to buy and you know where to buy it from. All you need to do is to write a cheque, fill in the relevant document and submit it to respective point or insurance company or registrar. There are host of websites
Planned Investments always yields more than unplanned and haphazard investment. This is because you will be monitoring it better. A more important factor is that it will help you take advantage of the power of compounding. Of course, it needs no retelling that the sooner you start to invest,
What does it take to get my first ‘One Crore’ in savings? How to accumulate it? It is possible to create once crore worth assets in my life time? How does one become a crorepati? Is it possible to become a croepati with a nominal income of Rs. 20000/
Subscribe
Dharitri Odia Daily “Artha ra Artha”
