Month: February 2020

Public Provident Fund deposits

Public Provident Fund Public Provident Fund or PPF is a 15-year deposit scheme of Govt of India, which can be extended indefinitely in the block of 5 years.  The minimum investment in PPF account is Rs 500 and maximum is Rs 1.5 lakh per annum. Partial withdrawals are allowed after 5…

BONDS AND DEBENTURES

Bonds and Debentures Bonds and Debentures fall under the category of Fixed Income securities.Fixed-Income securities are debt instruments that pay a fixed amount of interest to investors. The interest rate and tenure of the instruments are decided at the time of investment itself. The interest payments are either made semi-annually…

RBI Monetary Policy

RBI Monetary Policy 06-02-2020. Reserve Bank of India announced the sixth Bi-monthly Monetary Policy Statement, 2019-20 and the Resolution of the Monetary Policy Committee (MPC) on 6-2-20 at the RBI headquarters in Mumbai. Key Points from the RBI Monetary Policy statement are mentioned below. Along with the possible effects/outcomes from…