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Showing posts from December, 2020

5 International Mutual Funds with 1 Year Return up to 75%

International mutual funds have been rocking in the last couple of years. In the recent bull market, International mutual funds are one of the TALK OF THE TOWN funds. We believe that post covid, stock markets across the world has recovered faster than we ever thought. We were always positive and keep on saying that investing in International mutual funds can reward investors with high returns in the medium to long run. There are several international mutual funds that have come into the limelight now in this bull run (good or bad). Which are the Top 5 International Mutual Funds in 2020 that gave up to 75% returns in the last 1 year? Can we invest in such international mutual funds now? What are International Mutual Funds? As the name indicates, International mutual funds invest in International stocks across the world based on the investment objective of the fund. 5 International Mutual Funds with 1 Year Return up to 75% While checking for top international ...

Understand: What do the RBI's restrictions on HDFC Bank mean ?; What will be the impact on customers?

The Reserve Bank of India (RBI) has temporarily banned HDFC Bank from launching new transactions in all types of digital businesses, including adding new credit card customers.  This is considered to be a major setback for HDFC, the country's largest private sector bank. What does HDFC say? HDFC Bank has sent a letter to the Bombay Stock Exchange stating that the order was issued by the Reserve Bank on December 2.  Disruptions to HDFC Bank's internet banking, mobile banking and payment utilities have occurred several times in the last two years.  This includes the power outage at the bank's primary data center on November 21, which disrupted internet banking and payment systems. HDFC Bank has stated that the RBI has also asked it to rectify the errors behind these types and to determine who is responsible for these incidents.  We are working on the IT system and HDFC Bank has assured that we will fix the system as soon as possible and stay in touch ...

Current and Saving Account: What are the differences and benefits, know everything

Bank account is very important thing.  Whether you deposit money for your savings or open an account for business transactions.  But there is a big difference between the two types of accounts that banks offer on a basic basis.  These accounts include current (current) and saving (savings) accounts.     You must have heard the names of these two accounts many times and are well aware of the savings account.  But often people are not aware of current account.  Here we will also tell you the difference and advantages of these accounts.  How much balance is to be kept? The biggest difference is that you have to keep a minimum balance in the savings account.    Depending on the individual banks and rural-urban areas, the minimum balance required in the savings account is also less.  But if you do not keep the minimum balance in the savings account then you will have to pay a charge.  Along with the minimum, there...