Mahindra Finance FD Schemes 2020 Review Mahindra Finance FD Scheme offers highest interest rates up to 7.3% where one can get yield up to 8.38%. Banks are reducing interest rates in the last few quarters. Banks are currently offering 5% to 6.5% interest rates. Mahindra Finance FD rates in 2020 are far higher compared to Bank FDs. While there are […]» Read more
Bharat Bond ETF 2020 Review Last year in Dec 2019, Govt of India has launched a Bharat Bond ETF which was subscribed by 1.8 times. Now, after 6 months, Bharat Bond ETF second tranche is being issued. Bharat Bond Exchange Traded Fund (ETF) would constitute companies from the CPSU, CPSE and other Government Organizations. PSUs would have access to funds […]» Read more
Latest Post Office interest Rates – Jul, Aug and Sep 2020 Govt of India has announced the latest and revised post office interest rates on small saving schemes for the period July, August and September, 2020. They have retained existing interest rates of the small saving schemes and not made any changes in Quarter 2 of FY2020-21 compared to Quarter-1. […]» Read more
RBI Floating Rate Savings Bonds, 2020 – Features and Interest Rates GOI has issued taxable bonds 7.75% during 2018-2020 and discontinued in May 2020. Ministry of Finance has announced now that they would be issuing Floating Rate Saving Bonds 2020 (Taxable) that would open for subscription from 1 July, 2020. While the current interest would be 7.15% per annum, such […]» Read more
Muthoot Fincorp NCD bonds June 2020 – Invest 1 Lakh and get 1.6 Lakhs in 5 years – What about risks?
Muthoot Fincorp NCD bonds June 2020 Review Ms. Anu Patel (one of the readers), asks whether she can invest Rs 1 lakh in these bonds for 5 years which would grow to Rs 1.6 lakhs and checking whether it is a wise investment decision. Muthoot Fincorp is coming up with secured NCD bonds Issue that would open for subscription on […]» Read more