The CPSE ETF, which tracks Nifty CPSE index, has delivered an absolute return of 33 per cent since its launch on April 4, 2014.
FDs are one of the most popular investment options for conservative investors due to fixed returns and the liquidity factor. However, banks have recently cut their interest rates and may lower them further as their coffers swell in wake of demonetisation.
Do you need to break your bank fixed deposit when you need funds in an emergency or for the short term? For such situations, many banks offer an overdraft facility against assets like property, fixed deposits, mutual fund and insurance holdings.
Salary restructuring could help employees to reduce their tax liability, thus increasing their in-hand salary.
The distribution of new-look PAN cards, being printed by NSDL and UTIITSL (UTI Infrastructure Technology and Services Ltd), started since January 1.
Banks and oil companies are in discussions as to who should bear these charges, the government said a day after averting a crisis that would have hit millions of people as oil pump owners threatened to stop taking card payments.
Demonetisation is "arguably" leading to a flurry of innovations in Indian financial sector by way of digitisation of payments, Mr Subbarao said.
Recurring bank deposits are one of the popular investment options for a large segment of the population.
"RBI will decide by assessing market situation. Many a time, actions are taken in phases, so relaxations are also done in phases," Mr Jaitley said
Besides sending and receiving money, you can also check your bank balance and transactions details through the BHIM app.
Prior to demonetisation, bank customers in six metros - Delhi, Mumbai, Chennai, Kolkata, Hyderabad and Bengaluru - were allowed to withdraw money free of charge only five times a month.
To be called Enrollment and Establishment coverage campaign 2017, the Employees' Provident Fund Organisation will hold meetings with the stakeholders -- employer and employee associations and states.
The declaration will have to be submitted at specified branches of the Reserve Bank while depositing the junked currency, a finance ministry notification stated.
SBI, the country's biggest lender by assets, cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures.
More money in the hands of consumers will help in spurring demand which has been hit badly due to demonetisation.
Total deposits in Jan Dhan accounts surged by around Rs 28,973 crore in about a month after the announcement of ban on old Rs 500 and Rs 1,000 currency notes on November 8 midnight.
Resident Indian citizens who were abroad from November 9 to December 30 can avail this facility up to March 31, 2017 and NRI citizens, who were abroad during this period, can exchange their defunct notes up to June 30, 2017, RBI said in a late evening statement.