Page 716 - Personal Finance

Reits work better than direct investment in realty

Transparency and higher liquidity give Reits the edge in the long run

ICICI Bank launches new credit card with American Express

Grants extended credit period offer that allows customers to carry over retail purchase balances in first two billing statements by paying the minimum amount due

For tax saving, consider only a few instruments

With insurers, fund houses and others pushing products during this time, do the numbers first

Things OFS investors need to remember

With Sebi allowing investors to bid at cut-off price, getting allotment could become easier

Things OFS investors need to keep in mind

Retail investors need to look at company fundamentals, discount being offered before investing

HDFC Bank loses its Casa-leader slot

At the end of Sept qtr, ratio dipped to 43.2% as FDs and FCNR(B) deposits rose faster, says lender

Axis Bank launches fixed home loan for affordable housing segment

The bank has introduced a fixed home loan product for tenure of twenty years that is priced at 10.4%

Reserve Bank does not give lottery prizes

Fraudulent emails exhorting people to deposit cash for reward are on the rise. Lodge a complaint with the cyber cell if you get one

EPFO mulls enhancing exposure in private sector bonds

10% incremental investment is allowed in private sector currently; proposal is to raise it to 15%

Patchy recovery in real estate

The total demand has remained subdued mainly due to high interest rates and property prices

Are asset allocation funds right for you?

While these funds help diversify one's portfolio, they are not tailor-made to suit individual needs

Kotak Mahindra launches savings account for 55 years and above

Account holders get customised cash delivery, health card with 50% treatment discount, 35% off on locker facility

ICICI Bank to hike ATM charges

However, no charge beyond five transactions if average monthly balance of Rs 25,000 is maintained

Are asset allocation funds right for you?

While these funds help diversify one's portfolio, they are not tailor-made to suit individual needs

Case study

Time to lock in your fixed deposit

Act now, as bank deposit rates are likely to come down in the near future; supplement this with a few other instruments

Don't overreact to Sensex movements

The basic reason is simple - a benchmark index does not represent anything other than the stocks in it. Read on to know what this means

Banking: Jairam Sridharan

Capital, rental values set to increase

Hot Spot: Bandra, Mumbai

Builder must check development plan before bookings