 Editor's Pick RBI cuts repo rates after three years and 13 successive hikes In a move aimed at spurring economic growth, the Reserve Bank of India cut repo rates by 50 basis points, surprising markets which were expecting just a 25 basis points cut. Borrowers gain; retired persons lose as RBI drops rates The good news for borrowers is that loan rates might drop and the bad news for retired people is that interest rates on deposits might fall. Borrowers who are looking at loans can wait, Contrarian Investing – Pros and Cons of it Contrarian, as the word implies, is the quality or the preference for taking a position against the majority or the crowd. It is typically associated with rebellion or dissent. In stock market, ICICI Prudential Multiple Yield Fund - Series 2 - Plan F ICICI Prudential has unveiled new Multiple Yield Fund - Series 2 - Plan F , a close ended income scheme for the tenure 1100 days. What are Convertible bonds? As the name indicates convertible bonds are the bonds which can be converted into equity shares as per the discretion of the holder. Here holder has the option to convert into shares of the issuing company at an agreed upon price.  Currency Exchange Rates for INR 51.612 67.497 81.934 0.642 41.221 Subscribe to our RSS feed to get the latest on www.goodreturns.in Check Oneindia Money on your Mobile m.goodreturns.in Write in to us, to send us your feedback Greynium Information Technologies Pvt. Ltd. | Disclaimer, Terms of Service and Privacy Policy Note: You are receiving this email because you have an email account with Oneindia.in |
