For example, an investor with a SIP of ₹10,000 in the BSE Sensex TRI (Total Returns Index) after 25 years would reach ₹2.71 crore. However, an annual top-up of ₹1,000 on the monthly SIP of ₹10,000 would grow to ₹4.26 crore, while an annual top-up of 10% on the same SIP of ₹10,000 would grow to a substantial ₹5.52 crore,
RBI puts Bajaj Fin on notice over co-branded cards
The Reserve Bank of India has issued a letter of ‘displeasure’ to Bajaj Finance for failing to identify customer risks in its co-branded credit card