Public-sector lender Bank of India (BOI) has increased interest rates on big-ticket (wholesale and bulk) deposits by 75-150 basis points across various maturities, effective from Thursday. Interest rates on retail domestic term deposits have also been raised by 25-50 basis points.

BoI raises deposit rates by 75-150 bps

Business Standard

While investing a large sum, try to diversify your portfolio as much as possible.

Don&#39;t put all eggs in one basket

In the last one month, some of the fund houses have launched capital protection schemes targeting fixed deposit investors. These schemes propose to invest 85 per cent of the corpus in debt and the rest in equities.

Lower returns but tax benefits for HNIs

I lost my credit card recently (limit Rs 50,000). I had an outstanding of Rs 20,000 on it. I immediately called up the bank and asked it to block the card. I also filed a police complaint. My next statement showed new transactions, in addition to my previous outstanding, of Rs 80,000. The transactions were done a day after I asked the bank to block the card. However, the bank is asking me to pay. I have written to the nodal officer but there has been no response.

Debt Counselling: Sanjay Agarwal

Fixed deposits (FDs) are simple instruments, where the earnings are known at the time of making the deposit. But, matching the amount of interest earned on these deposits with the amount received and the tax deducted at source can be tough.

Get a fix on FD returns

There is a big debate on the recently concluded NMDC follow-on public offer (FPO). It is one of the biggest disinvestment offers, as it seeks to fill the government coffers by raising up to Rs 20,000 crore.

IPOs: It's probably overpriced

The economic slowdown and the terror attacks in Mumbai in November 2008 came down heavily on Indian hotel companies. One affected corporate travel and the other hit their leisure margins, too. Following the terror attacks, hotels saw a drop of 50 per cent in volumes and have yet to return to the 2007 highs.

Not always on a platter

Selecting insurance products can be confusing. There are products like unit-linked insurance plan (Ulip) where the policyholder can choose to invest in different securities and get market-related returns. Then, there are plans that promise to return a fixed sum.

Endowment versus money back

The working group set up to review the Credit Guarantee Scheme of the Credit Guarantee Fund Trust has recommended the mandatory doubling of the limit for collateral-free loans to micro and small enterprises (MSEs) to Rs 10 lakh from the current Rs 5 lakh.

Collateral-free loan limit may double

Companies are busy raising funds through fixed deposit (FD) schemes, some at high interest rates.

Firms vary rate card for FDs; distributors pleased

Low penetration is one of the oft-heard travails of the industry and the reasons are many, ranging from high cost of distribution to ignorance about insurance. The under-penetrated segments are also many; health is a prime example. But there is never just one reason for under-penetration of insurance in a segment -- there is usually a host of factors often working at cross-purposes.

WEB EXCLUSIVE: Why the neighbouhood shopkeeper is under-insured

With guidelines in favour of the issuer, consumers need to be more vigilant.

No cure for credit card blues

The tax-filing season is on in full swing. In case of a salaried person, the employer cuts tax depending on his salary and the investments he has made. However, if you have shifted jobs during the year, the process becomes more complicated. In this case, it is important for the new employer to know the deductions done by the previous employer.

Declare tax benefits to new employer

I took a home loan four years ago. The bank told me that the interest rate will be 3 per cent below the bank&rsquo;s prime lending rate (PLR). I found that my rate was just 2.25 per cent below the bank&rsquo;s PLR. On enquiry, the branch official told me that he could not do anything as it was the management&rsquo;s decision.

BANKING: Prashant Joshi

Study shows more than half of the deals fail to create significant shareholder value.

M&A advice: Look before you leave

On Monday, the Securities and Exchange Board of India (Sebi) took a number of steps to benefit mutual fund investors. These included reduction in the New Fund Offer (NFO) period and use of Application Supported by Blocked Amount (ASBA).

Focus on investors

I am the owner of a piece of agricultural land within Bangalore city limits for over 30 years. The property has been notified for acquisition by the Bangalore Development Authority (BDA). Though we raised objections against the acquisition, the property has been included in the final notification for acquisition.

TAX: Homi Mistry

Investors should look at short-term or floating rate schemes for market-based returns.

Uncertain times for debt investors

Last year's performance established this fund as one of the best players in its category. It returned 28 per cent, almost twice the category average.

For regular income

a. Systematic Investment Plan (SIP) of Rs 15,000/month for two years.

Negative returns from debt funds

But experts say sales momentum to continue.

Auto loans set to be dearer, further price hikes expected

Personal Finance: Read about the smart strategies for Personal Finance Planning, Investing, Insurance, banking, budgeting, loans Tax Planning, retirement and insurance. Browse Business Standard to learn more on Personal Finance.

Personal Finance: Investing, Planning, Retirement, Loans, & Insurance | Business Standard

Read about the smart strategies for Personal Finance Planning, Investing, Insurance, banking, budgeting, loans Tax Planning, retirement and insurance. Browse Business Standard to learn more on Personal Finance.

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