Social media like Twitter are garnering more importance by the passing day. The hashtags, a predefined term, is becoming an important approach to pass a message. Kotak Mahindra Bank has understands this and that’s why they’ve launched Social Media Banking known as Jifi. This integration is a first-of-its-kind fully integrated social banking services.
This January saw a new ray of hope for girls as Prime Minister Narendra Modi, introduced a small deposit scheme, Sukanya Samriddhi account under Beti Bachao, Beti padhao campaign. The best art being not the scheme itself but the reason behind introducing such a scheme.
Savings accounts and term deposits are one of the best known ways to save money and earn more out of it. They are considered to be one of the safest places to store money and earn interest. The returns may not be as high as other forms of investment, but they are definitely better than having nothing.
We have all be eager to see the budget and how it would impact our budget. With the new financial decisions doled out by the finance minister stating the impact of certain investments, there have been several questions raised over its tax implications. In today’s world arguably, the question whether to save or not does not arise as there are several who still believe in parking in their funds in liquid assets