Page 990 - Personal Finance
Deposit rates likely to go down first
Banks may cut lending rates by up to 25 bps in coming months but are unlikely to touch base rate
Gold ETFs set to shine this Akshaya Tritiya
Buying paper gold is a more tax-efficient and cheaper alternative to purchasing physical gold
Loans set to get cheaper, deposits to earn less
IDBI Bank cuts rate, SBI may lower SME, auto loan rates, others mull detail & sequence
Don't get taken aback by a takeover
As an investor, treat hostile takeovers like a normal M&A deal and then decide whether to stay invested
MFs find ride to smaller cities rough
Top five cities continue to contribute three-fourths of the industry?s assets
PNB, ICICI Bank reduce lending, deposit rates
Other lenders may take a call shortly
Debt funds help beat inflation
But returns are capped and these schemes are less tax efficient than equities
No tax on self-owned house
A recent ruling redefines Hindu Undivided Families as a group of individuals and, not ?fictional entities?
Smaller MFs feel neglected, murmurs of dissociation from Amfi make rounds
They allege industry body is biased towards top players
HNIs too look for discounts
And, there are websites that cater specifically to such clients, quite separate from e-commerce portals
E-insurance likely by June
Buy e-policy either through insurer or by opening an e-insurance account
Earn less, pay more
Deposit & lending rates have been cut, but cut in former is higher in some cases
Be rational not emotional
Make financial decisions based on returns, costs and clauses, not on advertisements