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Bank fixed deposits are a better bet than debentures
Standard Chartered Bank's alleged sale of debentures to its private banking clients with an illegal buyback option has put the spotlight on debentures Issuing debentures is one way by which companies raise loans for themselves. Although the money raised by it becomes a part of the company's capital structure, it does not become share capital. Those who buy debentures are repaid the amount, along with
Standard Chartered Bank's alleged sale of debentures to its private banking clients with an illegal buyback option has put the spotlight on debentures Issuing debentures is one way by which companies raise loans for themselves. Although the money raised by it becomes a part of the company's capital structure, it does not become share capital. Those who buy debentures are repaid the amount, along with
Strong interest income lifts Bank of Baroda's net by 43%
State-run lender Bank of Baroda on Thursday said its net profit rose 43 per cent to Rs 1,294 crore for the quarter ended March, compared with Rs 906 crore in the corresponding period a year ago.
Taxmen to focus on TDS payments
Those having fixed deposits in banks better be careful with their TDS (tax deducted at source) payments on the interest income.
Those having fixed deposits in banks better be careful with their TDS (tax deducted at source) payments on the interest income.
Children's plans: Costly investment
Life insurance providers launch children’s plans all through the year, with variations. Max New York’s College Plan, for instance, is for investing for your child’s higher
Fixed deposits: Get locked in
A couple of weeks ago, Central Bank of India and Oriental Bank of Commerce (OBC) reduced the interest rates on their term deposits. Central Bank revised its peak deposit rate to 9.25 per cent for
Saving instruments must be goal-linked
Understand your long-term needs and allocate money, choose investment vehicle accordingly.
Understand your long-term needs and allocate money, choose investment vehicle accordingly.
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