Brokers have blocked payouts to YES Bank accounts and disabled YES Bank in the payments gateway
Stocks can be easily transferred, but gifting mutual funds and life insurance to distant relatives, family or friends is more complicated
Given the recent credit events and equity market volatility, the going may not be easy for fund houses
Ordinarily people derive a lot of comfort from investing into PPF, and rightly so
Many financial planners advise using this instrument for investment as well as meeting short-term goals
Retail investors have stayed away from G-secs due to lack of secondary market
The effective rate of interest comes to 1-2%
Experts say FDs will become unattractive going ahead, and returns could turn negative, if you take into account inflation