On Monday, Axis Bank reported a 91% jump in its net profit at Rs. 4,125.26 cr. in the April-June quarter of 2022. The bank’s key financial parameters showed an improvement with net interest income at a growth of 21% annually and 6% sequentially.
NSC is a fixed-income, secure, and low-risk investment scheme which offers tax-benefits. Let’s explore it in more detail with eligibility criteria and current NSC interest rates.
Risk is often viewed as the probability of a loss of capital. But is that all? Harsh Vora discusses more on the subject and two metrics to assess a mutual fund’s risk.
One of the important details to fill in while enrolling for EPF is the “Nomination”. Every EPF member must have a nominee on the account, and the details are submitted via EPF Form 2. In this article, let’s learn about the purpose of EPF Form 2 and how to fill the form.
Senior Citizens Savings Scheme (SCSS) offers retirees a stable income and tax benefits. For Q2 FY 2023, the SCSS interest rate is 7.4% p.a.
Bajaj Finserv is set to consider the proposal of two corporate actions – the stock split of equity shares and the issue of bonus shares.
Unlike a few PF schemes where employers and employees contribute a small portion to the funds, in the VPF, employers are under no obligation to contribute. Only an employee will contribute a portion of their salary towards the scheme.
Zomato hit its all-time low of Rs. 46, declining nearly 13% in one day. Here’s the reason for the sharp decline.
Shares of IndusInd Bank surged around 8% on Thursday after the company announced strong Q1 FY 2023-2024 results. Here’s the highlight of the results.
Over the years, the Government of India has introduced several welfare schemes for the citizens. In this article, let us check a few financial schemes offered by each state government of India in their respective states.