Month: January 2012

Below are all the posts archived for the month.

NHAI Tax Free Bonds Allotment Complete
in Fixed Deposits

A few people have commented about receiving an SMS for the Demat allotment of NHAI tax free bonds, and if you applied for these bonds, and haven’t got any notification yet, you should check your Demat account in the next few days and they will most probably show up there. In the past I’ve seen
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Financial Planning Clinic, Mis-selling and Consumer Protection
in Links

Let’s start with Bemoneyaware’s post on mis-selling and mis-buying which is a comprehensive article with takes from many people on the subject. It has links to a lot of articles and viewpoints about the topic and the one thing that I’d like to say about this issue is that usually not enough responsibility is placed
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How are banks calculating interest on savings accounts?
in Fixed Deposits

Late last year RBI deregulated the interest rates on savings accounts and allowed banks to set their own rates. This resulted in banks raising their interest rates and creating two slabs of under a lakh and over a lakh. For example, Yes Bank offers 6% on the saving bank balance of under Rs. 1 lakh
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Reliance Share Buyback Details
in Investments

Reliance Industries Limited (RIL) announced a share buyback plan along with their quarterly results on Friday, and the main thing to remember about that buyback plan is that Reliance Industries is going to execute it through an open offer and buy the shares from the open market. This means that the company will go and
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Tax Free Bonds Calendar 2012
in Investments

PFC and NHAI recently came out with tax free bond issues, and two more companies have filed a draft prospectus with SEBI to issue tax free bonds. These two companies are HUDCO (Housing and Urban Development Corporation) and Indian Railways Finance Corporation. Although the dates and details are still not out – I thought of
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Exchange Rates, Wills and Twitter Democracy
in Links

To start with, Jitendra Solanki writes about Apollo Munich Optima Restore which is a health insurance plan that has got some features which make it attractive relative to other plans. Ranjan writes about a new IDBI portal to buy government securities from. This is the first of its kind and I will look at it in
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