#PersonalFinance | Indian investors are known for their fondness for FDs, as shown by the growth in bank deposits by ₹15.45 trillion to ₹151.13 trillion during 2021. Read to know how one can build an #investment portfolio to help meet long-term goals.
fds'>Bank FDs continue to be popular investment products not just among senior citizens, but also among investors who can’t stomach risk. But overexposure to FDs is not good, and you need to assess your asset allocation to decide how much money you should park in them.
Opening a Fixed Deposit has become as simple as making a UPI payment. @Google has joined hands with Setu to allow its users to open FDs through @GooglePayPay "Ujjivan Small Finance Bank to offer FDs on GooglePay nex @sahilkini , @Setu_API , CEO te @MugdhaVariyarETls
Are FinTech cos an opportunity or threat for banks? @_prashantnair highlights 4 recent deals: - Google Pay - fds'>Offering FDs - HDFC Bank - PayTM - Facebook SME loans - CRED's lending/deposit biz .. and takes a look at the evolving FinTech landscape #fintech #stocks
All told market makers made about $500m-ish in trading costs on WSB-targeted names (which all have wide spreads = payday) in ONE WEEK. If this continues, mkt makers will make add'l $25b this year (that's 2x the revenue generated by the entire $10T sitting in passive fds)
We are changing the rules for the Prompt Payment Code to get big companies to pay small partners on time. New rules include: ?30-day target for invoices owed to small companies ✒️CEOs or FDs to sign the Code in person ?️♀Power to investigate breaches
Aatmanirbhar Bharat Package: Providing support to migrant workers • One Nation, One Ration Card scheme launched. 67 crore beneficiaries (83%) of 23 states can now use PDS cards in any FDS pan-India. • Development of affordable rental housing for workers. #1YearofModi2
Did you know if you have an SBI account you will now be earning less interest on FDs & savings accounts because the BJP govt is using that money to bail out Yes Bank & cover up for their own economic ineptitude. #TheGreatBJPLoot