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The land parcel is located in South Mumbai's Tardeo neighbourhood and has a total area of 4,300 square metres (46,268 sq ft).
But what do banks gain by opening their apps for all? The answer -- rival bank's customers under their fold.
Shifting to floating rate deposits can work as an anaesthetic gel for some customers, points out Tamal Bandyopadhyay.
Though NCLT has extended window to find a buyer, bankers don't see much hope of a deal.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
A rightly chosen ULIP can be a competitive investment, but the investor needs to ensure that his relationship manager has put him ahead of the commissions that the product pays, says Anil Rego, CEO, Right Horizons.
The famous Shri Saibaba Sansthan Trust has witnessed a steady rise in its fortunes in the form of donations from devotees over the last few years, a senior official of the organisation said on Friday.
'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'
'Negotiate a longer agreement with the escalation clause fixed now.' 'This will enable you to control future cost increases.'
Before you rush to invest in these funds, understand the risks they carry and whether you have the appetite for them, says Sanjay Kumar Singh.
Investing in stocks offer secrecy, partial liquidity and freedom to invest even a small amount, says P V Subramanyam
The cash was found in a box earlier this month during a police survey at one of their locked paternal houses in Sarawada village.
Narendra Modi is one of the least affluent ministers in the Union Cabinet.
Equity debt, gold - these all are terms you may have heard of when reading on funds but not quite sure where to start with or which one most suits your needs.
To improve compliance, govt may introduce lottery reward for filing GST. The Consumer Welfare Fund, where anti-profiteering proceeds are deposited, will be used to reward the lucky winners on monthly and annual bases. The prize money, yet to be fixed, may run into several lakhs of rupees for the annual draw, and about Rs 50,000 for monthly draws.
The recent run on the US-based Silicon Valley Bank (SVB) and the subsequent seizure of its assets by the regulators may have sparked a global wave of risk aversion, particularly for start-ups. However, the Indian banking sector is unlikely to be a victim of any contagion effects, said analysts. he bank, which played a big role in financing start-ups and technology players, faced stress after incurring huge losses on its holdings of US bonds, following the most-aggressive monetary tightening cycle by the Federal Reserve in around four decades.
Two days after Mumbai Police attached his properties, Jignesh Shah, director of the beleaguered National Spot Exchange Ltd, on Thursday told investigators that he was making "relentless" efforts to recover money from defaulters.
In three of the past four years, 10-year returns have been 10 per cent or lower, making equity unattractive, compared to other asset classes.
The advantage of leasing is that you can get a new car every few years. You can also get to drive a high-end car without paying its entire price.
'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay.
Private players offer convenience for slightly higher rental than banks.
The move came a day after the Election Commission announced dates for the forthcoming assembly polls in his state.
Ponzi schemes have characteristics that the informed investor can spot easily.
If the interest rate on bank deposits is linked to any external benchmark, it would jeopardise the banks' fund-raising ability. Interest rates on small savings schemes are likely to be reduced very shortly, to maintain parity. All these steps would indeed affect retired people, and particularly those dependent on interest income, says Arindam Gupta.
It goes without saying that the best performers are in the private sector, says TN Ninan.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.
Tax rules that could land you in trouble
Running a SIP plan for more than six years almost completely eliminates the chances of earning negative returns.
Each financial product is governed by a different regulator and the rules for gifting vary, points out Tinesh Bhasin.
Here's how you can ensure you have enough in your kitty and be in command of your finances.
Incomes such as dividend, interest on tax-free bonds, eligible gifts, etc should also be reported even though they are tax exempt, suggests Sanjay Kumar Singh.
In the past two years, investors in gold have lost money.
Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.
You can look at equity-oriented balanced funds.
In the last few months, the 10-year G-Sec has been gyrating sharply and has crossed the 9-per cent-yield mark four times.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
As Jagan's property attachment came on the day the poll dates were announced, the YSR chief and his supporters refuse to buy the Enforcement Directorate's claim that it was a mere coincidence. Vicky Nanjappa reports.
Some of the public banks showed improvement; much more still needs to be done
Collateralisation of other loans and prior approval for additional leverage are things to watch out for
