Investors with a medium to long term investment horizon can consider dynamic bond funds having duration of 6-7yrs with predominant sovereign holdings as they offer a better risk-reward currently
Read MoreIn the financial year 2023, all scheduled commercial banks registered the highest absolute growth in deposits and credit since 1951-52. Deposits grew by Rs 15.7 lakh crore and credit by Rs 17.8 lakh crore, pushing the incremental credit-deposit ratio to 113 per cent
Read MoreThe surge highlights a notable shift in investor sentiment and renewed enthusiasm for mutual fund investments across various schemes
Read MoreThe meeting will also cover initiatives for micro, small and medium enterprises (MSMEs), performance under government schemes, recent interventions, and any pending issues that require attention
Read MoreAs the banking sector struggles to keep deposits’ pace in line with credit growth, state-owned lender Canara Bank remains confident about mobilising deposits and improving its NIM
Read MoreOne should continue investing through SIPs and also timely rebalance portfolios according to the asset allocation plan in consultation with one's financial advisor
Read MoreBelated ITR can be filed similar to regular ITR, before 31st December, but penalties will be applicable
Read MoreIncome generated by assets (land, shares, mutual funds etc.) bought under your spouse or child’s name need to be declared by you as well
Read More