Good News For HDFC Bank Customers! HDFC Bank Revises F.D Interest Rates

Bumper bonanza to HDFC Bank customers! HDFC Bank is one of the leading private sector banks in India. As fixed deposit interest rates went to all-time low in the recent times, depositors loose hope to save their hard-earned money in bank fixed deposits. To their surprise slowly banks are hiking interest rates gradually and nowContinue reading “Good News For HDFC Bank Customers! HDFC Bank Revises F.D Interest Rates”

Union Bank of India Latest F.D Rates

We all know that Andhra Bank and Corporation Bank are merged into Union Bank of India; A Government sponsored bank. UBI(Union Bank of India) has decades of history with strong customer-base. Many Depositors shows interest to deposit their hard-earned money in government-run banks as they are relatively safer than private banks. If you are aContinue reading “Union Bank of India Latest F.D Rates”

Funny Queries That Will Destroy Your Wealth

Today we are living in digital world. There are a lot of discussions going on digital platforms, social media daily regarding investments. Discussing financial information is o.k, but what about your individual risk-appetite? and your investment objective? Do note that no two ideal investor’s mindset is same, it may vary according to their life stages,Continue reading “Funny Queries That Will Destroy Your Wealth”

Why we should not ignore inflation while making investments!

Indians being natural savers they generally “save” a part of their monthly income whatever they are earning, but it is sufficient now and in future? What people are forgetting is the wealth destroyer- “Inflation”, without assuming future inflation our current investments won’t suffice to meet your long-term goals. Earlier people save their hard-earned money inContinue reading “Why we should not ignore inflation while making investments!”

Be aware of the ‘thief’ that will steal your wealth silently

Many people focus on income earning but they are forgetting on the “silent killer- Inflation” in creating wealth to their loved ones. Generally parents wants to transform their wealth to their next generations, for that they “save money” but whatever they saved is nothing after 20-25 years! Surprised? Are you too surprised to hear thatContinue reading “Be aware of the ‘thief’ that will steal your wealth silently”

If You Develop These 5 Good Financial Habits; Nothing Could Stop You From Being Rich !

Everyone wants to be rich, but due to financial commitments and rising inflation it would not be possible for all. While some people goes into depression that they will never become rich by this high inflation in India! Yes there is high inflation in India, no doubt about that! But have you ever think whyContinue reading “If You Develop These 5 Good Financial Habits; Nothing Could Stop You From Being Rich !”

Why Do People Loose Money in Stock Market?

We all know that stock market is an long-term investment tool. It rewards investors who stayed put for long-term! Past history has proved this already! Even though it is proven that stock market rewards investors in the long term, many investors(some traders too)loose their hard-earned money and blame stock market is “Gambling”. But the realityContinue reading “Why Do People Loose Money in Stock Market?”

Good News For Senior Citizens! SBI We-Care Deposit Term Has Been Extended

As senior citizens gets lumpsum amount during retirement and they won’t get regular income(except pension)thereafter, generally senior citizens rely on fixed deposits as they can’t take risk with their hard-earned money. But the recent interest rates fall in bank fixed deposits makes them worrisome. At that time India’s leading public sector bank SBI has comeContinue reading “Good News For Senior Citizens! SBI We-Care Deposit Term Has Been Extended”

Wanted Slightly Higher Returns Than Normal Bank F.D’s? Consider Company Fixed Deposits

As we all are aware that bank fixed deposits interest rates are at lowest levels, people(especially senior citizens)who are relying on interest income are finding it hard to survive in this highly inflationary country. For those who wants to gain higher returns than bank fixed deposits can consider “Corporate Fixed Deposits”. But do remember thatContinue reading “Wanted Slightly Higher Returns Than Normal Bank F.D’s? Consider Company Fixed Deposits”

3 Financial Lessons To Be Learnt From “The Richest Man in Babylon” Book

Some Financial Books are treated as “Valuable Assets” to be passed on to the next generations. Out of many such financial literacy books “The Richest Man in Babylon” occupies a distinct role even today. “The Richest Man in Babylon” book was written by “George Samuel Clason”” in 1926 but this book is treated to beContinue reading “3 Financial Lessons To Be Learnt From “The Richest Man in Babylon” Book”