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MONEY & BANKING
PUBLIC SECTOR BANKS:
Bank of India: Buy
Investors can consider buying the Bank of India stock with at least a two-year horizon. Valuations are quite attractive, but the stock can be re-rated only when sentiment towards the banking sector improves on a rend reversal in interest ...
LIFE INSURANCE:
Insurance eating into MF turf?
With the introduction of ULIPs (unit linked insurance product), insurance companies have emerged as prominent players in the Indian equity market. Insurance is increasingly becoming an investment product rather than a mere risk cover. Of the ...
FIXED DEPOSITS:
SBI offers 10.5% on 1,000-day deposit
State Bank of India on Saturday announced a 1,000-day term deposit scheme with an interest rate of 10.5 per cent a year. The new scheme, which will begin from October 1, will be the term deposit of SBI carrying the highest interest rates. For ...
CORPORATE BONDS:
Aviva India Bond
Some of the insurance companies are planning to raise their new premium income through debt products such as endowment and money back. Aviva Life Insurance has recently launched the Aviva India Bond — a single premium endowment ...
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