“A large number of savers are turning investors,” said DP Singh, deputy managing director, SBI Mutual Fund. “Many of them are coming into equity mutual funds through systematic investment plans, to meet their long-term goals.”
HDFC Bank has cut its savings account interest rate by 25 basis points to 2.75%, the lowest among private sector peers, effective April 12. This
The uncertainty surrounding the global trade tariffs after the US slapped reciprocal tariffs on exporting countries earlier this month, the volatility index (VIX), which captures
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