1. Inflation Indexed Bonds (IIBs) were issued in the name of Capital Indexed Bonds (CIBs) during 1997. How is the new product of IIBs different from earlier CIBs? The CIBs issued in 1997 provided inflation protection only to principal and not to interest payment. New product of IIBs will provide inflation protection to both principal […]
Investing
investment planning for young adults – Myths busted
Recent college or university graduates with their first career job have an understandable itch to spend money. The last thing they want to think about is saving money and building assets. Yet this is the ideal time in life to start developing the correct habits that will lead to a comfortable lifestyle now and in […]
7 Key things to consider before retiring
Retirement is a social construct and the age of retirement is usually linked to state pensions. Some folk decide to become “old” just because they have reached 65! We need to remind ourselves that a young person does not stop being young just because he / she gets older. The challenge of retirement is to […]
Secured Redeemable NCD – Shriram Transport Finance Company Ltd.
Shriram Transport Finance Company Ltd. Secured Redeemable NCD. Key Features of the NCD: Rating: CRISIL AA/Stable & AA + by CARE Issue Size – 250 Crores with an option to retain oversubscription upto Rs.250 Crores Tenor – 36,60 & 84 Months Interest Payment –Annual & Cumulative all options available. Coupon: Category of Investor 3 Yrs 5 Yrs 7 Yr […]
Delays are costly in retirement planning
Whether or not you make other New Year resolutions, here is one you should make. Don’t postpone savings or investments. The new urban lifestyle has made people more prone to spending than to saving or investing. With India Inc prospering and young professionals getting handsome packages, people today are financially independent at a younger age. […]
Double Digit return in 78 months!
You must be reading in daily news paper that RBI will reduce Rate of Interest on Deposit with immediate effect so as to protect economy and rupee value. We suggest you to kindly grab the opportunity of Higher Rate of interest, & deposit surplus amount with you in Shriram Transport & Shriram City Union Subhiksha […]