investment

These 5 Banks Hold 50% of All Deposits in India

by Askbanking October 15, 2023December 19, 2023 Banking NewsLeave a comment

The saving deposits are controlled by few banks in India and as per reports a few selected banks hold the more than 50% of total deposits of Indian public. Just five commercial banks hold 50 per cent of all deposits in India, and the top 10 (of which 7 are government banks) account for 75%. […]

Banking News

EPFO to Pay 8.5% Interest For FY20 in two Installments

by Askbanking September 9, 2020 Banking NewsLeave a comment

EPFO fails to pay interest on time – The Employees’ Provident Fund Organisation (EPFO) decided to postponed the credit interest rate to formal sector workers for 2019-20 under installments, citing the coronavirus pandemic’s impact on its return on investments. But in actual this was due to negative return from the stock markets. The EPFO’s investments […]

Investment

Difference Between ELSS Vs ULIP ?

by February 22, 2015May 8, 2021 InvestmentLeave a comment

ELSS Vs ULIP – What are the differences between ULIP Vs ELSS investment ? This is the common investment queries raise by almost all the new investor. The major difference between ELSS and ULIP investment are : ULIP : Unit Linked Insurance Plan – is comprises of life insurance and investment offered by life insurance […]