Why Turkey’s interest rate is 17%! Why investors should not wish for high rates!

Every time the RBI lowers interest rates, we see many investors complain. In this article, Harshini explains why a high-interest rate is not healthy for our finances by taking Turkey’s example, where interest rates were recently increased to 17%! Older readers may recall when EPF and PPF rates were as high as 12% in the…

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American Express Platinum Charge Card Review

This is a review of American Express Platinum Charge Card. This premium card offers a no “pre-set spending limit” providing greater flexibility as per the user’s need (but not unlimited spending). About the author: Arjun is a financial services professional, keen about personal finance and special enthusiasm about Credit Cards and the points and rewards…

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RBI Floating Rate Bonds to offer 7.15% interest from Jan to June 2021

RBI Floating Rate Bonds were introduced in June 2020 as a replacement for RBI 7.75% bonds (2018) A floating-rate bond has a variable interest rate, unlike a fixed-rate bond. When interest rates increase,  the interest payout increases and vice-versa. There is no cumulative option. The interest rate for these bonds would reset every six months….

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