3 New Security Feature on Banknotes

New Security Features on Banknotes RBI (Reserve Bank of India) would soon launch Banknotes with following 3 New Security Features: 1. New Numbering Pattern – The banknote numbers will be ascending order in size from left to right. The first three alphanumeric characters are constant in size and then the numerals get increasing in size. 2. Bleed Lines – Angular Bleed Lines […] Continue reading →

Sovereign Gold Bond Scheme

Sovereign Gold Bond Scheme Budget 2015 first proposed Sovereign Gold Bond Scheme – an investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. We Indians love Gold and the idea is to give an alternative to investors who invest in Physical Gold. Sovereign Gold Bond Scheme – Salient Features The bonds would be […] Continue reading →

10.41% Muthoot Finance NCD – Sep/Oct 2015 – Should you Invest?

Muthoot Finance NCD – Sep/Oct 2015 – Should you Invest? Muthoot Finance, the dominant player in Gold Loan Business has come out with public issue of non-convertible debentures (NCD) offering up to 10.25% interest rate. The issue opens today and closes on October 7, 2015. Muthoot Finance NCD – Significant Points: Offer Period: September 7 to October 7, 2015 Annual Interest Rates for Retail Investors: 9.25% to 10.41% […] Continue reading →

5 AAA Rated Companies offering more than 9% on their Fixed Deposits

High Credit Rated Companies offering more than 9% on FD The banks have started lowering their interest rates on fixed deposits. This hurts people who invest in them. However you can look into fixed deposits offered by companies. Below are the details of 5 companies which have highest credit rating (AAA) and offering interest rate of more than 9% on their fixed deposit schemes. In comparison […] Continue reading →