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As the Parliament of India prepares for the introduction of cryptocurrency law in the upcoming winter session, existing individual cryptocurrency holders have started to panic to sell their holdings. The price of Bitcoin has fallen by almost 18% in rupee terms. The price of the USD Tether (USD) also fell 17%. Why is this panic …
Various payment and settlement systems in India have made it easier and faster to transfer money from one checking account to a different one. Account-holders do not need to wait days to receive money in their checking account. With the newest digital payment systems, money is often sent and received instantly anywhere, anytime. Many banks, …
The systematic investment plan (SIP) is a service that mutual funds offer to investors, where investors can invest in mutual funds every two weeks, monthly, quarterly or annually. While SIP is a blessing for investors, it not only prevents investors from managing the market but also facilitates their disciplined long-term journey toward wealth creation. Regardless …
Mutual funds are increasingly accepted by various investors in India because of their lightness and their performance. This financial instrument is suitable for all types of investors, small, medium or large because it can use the Systematic Investment Plan (SIP) to invest in mutual funds of an amount between 500 and an infinite monthly and …
Kotak Mahindra Bank offers its customers a variety of savings account options to meet their individual needs. From premium savings accounts to simple or regular accounts, online savings accounts to offline accounts, children’s accounts to seniors’ accounts, the possibilities are endless. In addition, the interest rate offered on the savings account of Kotak Mahindra Bank …
Axis Bank offers different savings accounts to meet everyone’s banking needs. With a range of accounts, from regular savings accounts to premium accounts, online savings accounts to offline accounts, the bank ensures that every type of client is covered. Axis Bank’s minimum balance requirements differ from one type of savings account to one type of …
