India is one of the largest consumers of gold in the world. As per the World Gold Council (WGC), the annual gold demand in India from 1987 until 2016 has increased by 804%. And the trend does not seem to die anytime soon. The precious metal other than being used for industrial, commercial and investment…
The State Bank of India (SBI) relaunched the facility of Aadhaar-based savings account opening digitally on Friday. This facility is available for those customers who want to open their online account through ‘YONO’- lender’s integrated and lifestyle platform. In order to provide the customers with paperless, hassle-free, and digital banking experience, State Bank of India will…
Note: The information on this page may not be updated. For latest information, click here. There are 8 pension fund managers in NPS Tier 1. In the first few years of the NPS, they were given very limited choice in the type of companies they could invest in and hence there was little difference between them….
On March 31, 2020, the government announced a steep cut in the interest rates on small saving schemes. Public Provident Fund (PPF) will now fetch 7.1% interest rate for Q1 2020-21 (April to June). Likewise, interest rates on other saving schemes like Sukanya Samriddhi Yojana and National Savings Certificate also dropped by 0.8% and 1.1%…
