When yields go up, the bond prices fall, which will result in mark-to-market losses for debt mutual funds Source: money
RBI surprised markets, experts, borrowers, depositors, and the industry among others by increasing the policy repo rate under the liquidity adjustment facility (LAF) by 40…
This product has been specifically designed to address the need of customers to make regular contributions towards building a savings pool and receive a life-long…
RBI said cardholders must be provided a one-time option to modify the billing cycle of the credit card as per their convenience. Source: money
In its first unscheduled rate change since the depths of the pandemic, the Reserve Bank of India increased its repurchase rate to 4.40%, from the…
Yes Bank hikes MCLR across tenures by 10-15 basis points (bps) Source: money
Jain invests through sovereign gold bonds, gold exchange-traded funds, and physical gold Source: money
The HRA component can be claimed only when the taxpayers has actually paid rent for the residential accommodation Source: money
The Hindu Succession Act (HSA) lays down how the estate of a Hindu male will pass in such circumstances Source: money
A rolling return analysis (between 27 April 2015 and 27 April 2022) of the actively managed banking and sectoral funds reveals that most of the schemes…