3. Contd..
With repo rates lowered by 50 basis points earlier this week, the RBI
has set the tone for lower rates. It has lowered rates by 125 basis
points since the beginning of this year. Punjab National Bank has
announced a cut of 25 bps in FD rates from October 5 across various
maturities. Financial planners expect deposit days and small savings
rate to fall further in the coming months, as interest rates head south.
Given such a scenario, small savers would do well to diversify their
portfolio across a number of products such as deposits, postal savings
and mutual funds, so as to optimise returns from their investments and
lower their tax burden.
4. For details and bookings contact:-
Parveen Kumar Chadha… THINK TANK
(Founder and C.E.O of Saxbee Consultants & Other-Mother
marketingandcommunicationconsultants.com)
Email :-saxbeeconsultants@gmail.com
Mobile No. +91-9818308353
Address:-First Floor G-20(A), Kirti Nagar, New Delhi India Postal Code-110015