The best part is that the interest rates on gold loans are much lower than the personal loan interest rates. At present, many banks charge less than 9 percent interest on gold loans.
The Department of Financial Services is likely to hold a meeting soon with senior officials of the public sector banks
In the last 1 month Sensex and Nifty have gained around 3.5% while returns in US, European markets lagged
An organisation's reputation is closely linked to the behaviour of its employees, Irda said
The enforcement directorate had searched three premises linked to the company in Bengaluru on Saturday over alleged foreign exchange law violations
Dynamic asset allocation fund has the option to change its allocation to increase proportion of equity and save investors from loss
Just like a property is mortgaged for a home loan, the same way, a loan can be taken against a car
The SC had asked SEBI to submit its report in two months in its direction on March 2 and had also set up a panel to look into the protection of Indian investors after a report by a US short seller Hindenburg wiped out more than $140 billion of the conglomerate's market value
These funds invest in midcap, smallcap and largecap stocks of a sector. When market is going up, sectoral fund gives a good amount of return.