MONEY & BANKING
FOREX
Strong rupee: Textile exporters go for fabric imports from China, other neighbours
Smaller players relying on local inputs are the hardest hit
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LIFE INSURANCE
PRODUCT PRIMER
ING Life Plus Plan
The major difference between traditional insurance products and ULIPs is the flexibility in the premium paying period. Another notable feature is that with ULIPs investment risk moves from the insurance company to the policyholder. A look at ...
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FIXED DEPOSITS
HDFC Bank hikes NRE deposit rates
HDFC Bank has hiked its NRE deposit rates, effective July 1. Deposits of three to five years’ maturity will now earn an interest rate of 5.45 per cent (5.29 per cent), said a press release by the bank. Deposits of two to less than three ...
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IOB raises rates on NRE deposits
Indian Overseas Bank has increased interest rates on NRE deposits. The bank is offering 5.43 per cent for deposits between one year and three years (as against the existing rates of 5.39 for deposits between one and two years and 5.32 for between ...
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