Fixed Deposit

Highest Paid Deposit As on January 2012 -Senior Citizen and Normal Rate Institution Duration Rate Senior Citizen Deposit Amount Restrictions Lakshmi Vilas Bank (LVB) 1 year-2 years 10.5 10.75 Tamilnad Mercantile Bank (TMB) 1 year-2 years 10.25 10.5 Must be atmost Rs. 1 crore Catholic Syrian Bank (CSB) 375 days-990 days 10.1 10.6 Must be [...]

Highest Paid Deposit As on January 2012 -Senior Citizen and Normal Rate is a post from: First Blog for Indian Financial Market

RBI hikes Repo and Reverse Repo rates by 25 bps to 6.25% and 5.25% respectively; bank provisioning for teaser loans to increase to 2%.However, RBI left the CRR unchanged at 6%. For FY11, the GDP forecast has been kept unchanged at 8.5%. FY11 M3 growth has also been kept unchanged at 17%. RBI has kept [...]

RBI Hikes Repo and Reverse Repo by 25 BPS is a post from: First Blog for Indian Financial Market

State bank of India to launch retail bond in the month of October 2010 .They are planning to have two type of issue in this Retail Bond they are offering. Issue Details PUBLIC ISSUE BY THE STATE BANK OF INDIA (―BANK‖ OR ―ISSUER‖) OF SERIES 1 LOWER TIER II BONDS OF FACE VALUE OF RS. [...]

SBI Bonds – SBI Retail Bonds is a post from: First Blog for Indian Financial Market

After Budget 2010 , Infrastructure Bond is somethign that will get more popular , as Mr Pranab Mukerji has allowed extra Twenty thousand in Infrastructure Bond , as additional investment over and above Rs 1 lakh in 80C.
What are Infrastrucure Bonds ?
Infrastructure bonds are available through issues of ICICI Bank and IDBI, brought out in [...]

Infrastructure Bond – India Infrastructure Bond is a post from: First Blog for Indian Financial Market