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Comment So you're a self-funded retiree cursing the Reserve Bank for cutting interest rates...If the RBA has forced you to realise your term deposits are duds, the mandarins have done you a favour. Savers dependent on fixed interest have been poorly
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Talk of investment bubbles are always great for headline writers. But like the Great Australian House Price Bubble that never was, a grain of salt should be taken with the dark forecasts that we are in the midst of the Great Bank Share Price Bubble.
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So even if you have a bad credit history or no documents to prove your income, you will be eligible to get these secured credit cards. There is no waiting period for these types of cards and are issued over the counter against your term deposit. But
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State Bank of India (SBI) on Wednesday increased interest rates on retail term deposits of maturity over one year by 25 basis points (bps) to 8.75%. Senior citizens, however, will continue to get the same 9% as the bank has reduced the premium over
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The revised interest rate for various maturity slabs are as under: Maturity slabs Interest Domestic/NRO Term Deposits NRE Term 180 days to 269 days 7.50 270 days to less than 1 year 9.00 1 year to 10 years 9.05 Additional interest of 0.50% is
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ARM Holdings annual reports. *A value of >1 means the dividend was covered by free cash flow. At first glance, the figures above suggest that ARM is paying out dividends it cannot afford -- but nothing could be further from the truth. A look at ARM's
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Christmas cheer for pensioners, self-funded retirees and other older Australians living off their investments as the Reserve Bank's latest rate cut eats into their already reduced income, senior lobby groups say. More than one million people who fall
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After such a nice letter, I feel mean raining on your parade. But I think the fortnightly mortgage payment thing is over-rated. There are two ways the idea of fortnightly payments is presented: * Instead of paying, say, $1000 a month, which comes to $
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New Zealand's lenders have found it easier to fund their lending profiles as strong local demand for term deposits and falling international wholesale rates pushes them well-beyond regulatory requirements, the central bank says. Local banks' funding
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The European recession, which continues to steepen, has already caused the ECB's Mario Draghi to promise to purchase unlimited quantities of bonds with duration of 1-3 years on the secondary market. Mr. Draghi plans to "sterilize" these purchases by
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