Tag Archives: fixed

For High Fixed Deposit Returns Up To 9%, Choose Small Finance Banks, Non Banking Financial Companies

Mahindra Finance, offers interest rate on fixed deposit at 7.95 per cent for a 15-month fixed deposit. For individual depositors, a bank fixed deposit (FD) is considered the safest form of investment, especially with a large commercial bank such as State Bank of India (SBI). The income from the bank FD is not only safe, but also accessible at any ... Read More »

After years of shunning fixed maturity plans, Franklin Templeton re-enters the segment

Among the top 15 fund houses in terms of fixed income assets, 78.9% of Franklin Templeton’s fixed income assets lie in securities rated AA & lower; the most in such companies. What is special about Franklin Templeton Asset Management (India) Ltd launching a new fixed maturity plan (FMP)? On 20 March, it launched a new fund called Franklin India Fixed ... Read More »

Spark follows 2degrees in launching mobile plan with no fixed cap

iles “without restriction”. Spark has responded to 2degrees’ launch of an “unlimited” mobile plan by announcing a similar service at a lower price three days later. Unlike 2degrees it is steering clear of marketing its flat-rate plans as offering unlimited mobile data, instead saying they allow customers to use their mobiles “without restriction”. Spokesman Jason Paris said the first 22 gigabytes of mobile data customers consumed each month on ... Read More »