RBI Governor Shaktikanta Das last month launched the Rupay credit card on the Unified Payments Interface (UPI) network. This action would almost certainly increase credit market access. At the launch, the MDR and other charges were not announced, as RBI is yet to confirm the approach. In a recent circular, the RBI made it clear… Continue reading No charge on UPI transactions for Rupay credit cards up to Rs 2,000: NPCI
If you’re a beginner, building a portfolio which may stand the test of time could be confusing, new and a daunting challenge. People often ponder upon what could be the secret to building such a long-term portfolio which may grow and build wealth over a period of 20 to 25 years. It is a well-known… Continue reading What are the secrets to creating an investment portfolio that will continuously grow in wealth over a 20 to 25-year span?
A well-diversified investment portfolio should be balanced with equities and fixed income instruments. Corporate fixed deposits and bonds are fixed-income securities that help to bring balance to your portfolio. It enables you to ride out volatility with growth along the way. You can find several types of bonds in the market – each comes with… Continue reading Choosing The Right Bonds for Yourself