With effect from 25th August 2021, interest rates for Resident, NRE and NRO savings accounts are in force. The most recent interest rates of DCB Bank on savings accounts are as follows:
Balance Range In Rs
Rate of Interest p.a.
On balances up to 1 lakh in the account
2.75%
On balances above 1 lakh to less than 5 lakh in the account
4.00%
On balances from 5 lakh to less than 10 lakh in the account
4.50%
On balances from 10 lakh to less than 25 lakh in the account
5.00%
On balances from 25 lakh to less than 50 lakh in the account
6.00%
On balances from 50 lakh to less than 1 crore in the account
6.50%
On balances from 1 crore to less than 10 crore in the account
6.75%
On balances from 10 crore and above
6.50%
Source: Bank Website
RBL Bank
RBL Bank’s savings account interest rates are in effect as of September 1, 2021. Savings Bank interest is determined regularly and paid quarterly on the 30th June, 30th September, 31st December, and 31st March of each year. Check out the bank’s current savings account rates below.
Daily Balance
Rate of Interest (per annum)
Upto Rs. 1 lakh
4.25%
Above Rs. 1 lakh upto Rs. 10 lakh
5.75%
Above Rs. 10 lakh and upto Rs. 3 Crore
6.00%
Above Rs. 3 Crore upto Rs. 5 Crore
6.00%
Source: Bank Website
Bandhan Bank
Bandhan Bank’s savings account interest rates have been in effect from June 7, 2021. Following the most recent modification, a 3% p.a. interest rate will be applied to balance up to Rs 1 lakh, a 4% p.a. rate will be applicable to incremental balance above Rs 1 lakh up to Rs 10 lakh, and a 6% p.a. rate will be applicable to incremental balance over Rs 10 lakh up to Rs 10 crore.
Daily Balance
Interest Rate (per annum)
Daily Balance up to Rs 1 lakh
3.00%
Daily Balance above Rs 1 lakh to Rs 10 lakh
4.00%
Daily Balance above Rs 10 lakh to Rs 10 crore
6.00%
Source: Bank Website
Yes Bank
With effect from May 13, 2021, Yes Bank has revised its interest rates on its savings account. For Resident & Non-resident customers, the latest interest rates on the savings account of the bank are as follows.
Daily Balance in the Savings Account (INR)
Applicable Interest Rates (p.a.)
4%
>1 Lac to
4.50%
>=10 lacs to
5.25%
Source: Bank Website
IDFC First Bank
Interest rates on IDFC First Bank savings account are in effect as of 01.05.2021. Check out the bank’s most recent savings account interest rates below.
For the past three years, the company has posted a negative return on investment (ROI). Pan Electronics India Ltd., founded in 1982, is a Small Cap business in the Electric/Electronics sector with a market capitalization of Rs 11.78 crore. The company spent Rs 2.26 crore on investing activities, a rise of 846.62 percent year over year.
Pan Electronics’ stock price has risen by an astonishing 390 percent so far in 2021. The stock had a one-year return of 292 percent.
Tamilnadu Telecommunications
Tamilnadu Telecommunications, founded in 1988, is a Small Cap business in the Cables sector with a market capitalization of Rs 49.11 crore. For the fourth quarter in a row, the company has lost Rs 2.74 crore. The stock returned 1089.47 percent over three years, compared to 43.89 percent for the Nifty Smallcap 100.
The stock price of Tamilnadu Telecommunications has soared by an incredible 411 percent so far in 2021. The stock returned 551 percent in a year.
Hindusthan Urban Infrastructure
Hindusthan Urban Infrastructure, founded in 1959, is a Small Cap business in the Electric/Electronics sector with a market cap of Rs 815.23 crore. In the fiscal year ended March 31, 2021, the company spent 7.58 percent of its operating revenues on interest charges and 4.93 percent on labor costs. Over a three-year period, the stock returned 548.39 percent, compared to 43.89 percent for the Nifty Smallcap 100 and 51.81 percent for the S&P BSE Industrials.
So far in 2021, the stock price of Hindusthan Urban Infrastructure has risen by an amazing 280.38 percent. In a year, the stock increased by 553.62 percent.
Olectra Greentech
Olectra Greentech, founded in the year 2000, is a Small Cap business in the Electric/Electronics sector with a market cap of Rs 3,105.52 crore. Revenue fell by 70.7 percent on a quarter-over-quarter basis, the lowest level in the last three years. The stock returned 35.83 percent over three years, compared to 43.89 percent for the Nifty Smallcap 100. Over a three-year period, the stock had a 35.83 percent return, compared to 51.81 percent for the S&P BSE Industrials.
So far in 2021, the stock price of Hindusthan Urban Infrastructure has risen by an amazing 186.85% percent. In a year, the stock increased by 470.23% percent.
4 Electricals Sector Stocks Gained Up To 400 Percent In 2021
Stocks
Gains (YTD)
Tamilnadu Telecommunications
411.90%
Pan Electronics
366.67%
Hindusthan Urban Infrastructure
286.34%
Olectra Greentech
201.18%
Disclaimer
Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage houses are not liable for any losses caused as a result of decisions based on the article.
What is your view on the equity market at current levels, and what are you advising your clients now? Our position on equities is neutral, but we are not shying away from taking bets. Within equities, we are advising clients to allocate some money to international stocks and passive investments. Our views shared here should not be construed as investment advice. It is a general broad-based view based on the current environment. Specific advice to customers on asset allocation depends on risk profiling of individual customers and the suitability of products to them.
What investment strategy did you follow in the last 18-20 months? At Kotak Investment Advisors Limited (KIAL), which runs our Private Wealth – Investment Advisory practice, we have kept our positions fairly neutral, fairly sector agnostic, and theme agnostic; instead, we took some larger macro calls, which has held us in good stead. KIAL took three big calls overall as a firm. The first call we took was to diversify into international markets. The regulator has progressively eased Asset Management Company (AMC) limits into overseas funds, and now it is set at US$1 billion per mutual fund house.
We have seen huge interest from investors to take exposure to US technology stocks and other international markets. KIAL was one of the first houses to recommend to investors to diversify their portfolio to global equities. Currently, we have a call for 20% exposure to international markets, and we will continue to hold this approach for some time.
The other big call that we made fairly early on was on technology-enabled and new-age companies. We have an almost 15% allocation within the equities allocation towards some progressive new-age tech companies. The third and final macro call, which we are seeing unfolding big time, is entering ETFs or passive funds in an investor’s portfolio.
What’s the rationale behind investing in the international market? Our model portfolio has a 20% allocation of an investor’s equity portfolio to international investments, which can be split between the US (two-thirds), China, and Europe (one-thirds). The Indian markets have performed exceptionally well, but if you look at the last ten years, US equity returns have outperformed the Indian market. Over ten years, the Nasdaq index has given returns of 21.4% (in dollar terms) vis-à-vis the Nifty 50 total return of 14.5% in rupee terms. Record-low interest rates and stimulus packages worldwide have pushed global equities to all-time highs during the pandemic.
Do you see an appetite for new ETFs and ESG based investment in India? Investors are asking whether they should be looking at passive funds or active funds. Our response has always been that it is not one; passive and active strategies complement each other. We are also recommending Smart Beta ETFs such as Low Volatility 30 and Momentum. A combination of these two Smart Beta ETFs can serve investors well. A very efficient platform at a fraction of the cost. While ESG investments are still at a nascent stage in India but picking up. Millennials, professionals, and businesspeople – all client profiles- are interested and enquiring about ESG. While we have a long way to go, at KIAL, we have started initial work on this and can give investors factual information on how their portfolios score on ESG.
After the new regulations, how has Kotak’s advisory business model changed? The regulations have paved the way for the industry to offer high-quality advice to clients, and the focus is on what is right for you as an investor. For the advisory business, which is run out of Kotak Investment Advisors Limited (KIAL), we are looking at broader trends in what will shape the country in the years to come and using that to offer clients a high quality and differentiated advice. We feel competence and cutting-edge technology will play a pivotal role in giving investors a high-quality advisory experience. Advisory as a practice removes any perceived conflicts, allowing investors to access a wide range of solutions and trends than specific products.
Can you tell us something about the Pre-IPO Fund launched recently? The supply of good quality companies in the technology space is limited, so we raised a fund to get a more significant share. The pre-IPO fund will mainly invest in technology-enabled companies that are looking to list in the near term. KIAL has already announced the first close and has made a couple of investments as well. We don’t want to raise additional capital just for the sake of raising money. Instead, we will first get a sense of the quality of supply available, and only then will we raise additional demand.
Discussing the best LIC plans for the young population in India starts with the LIC Jeevan Labh policy, which is a LIC Endowment plan. It meets this policy offers both needs for life coverage and lump sum savings under a single investment plan. When a young person is signing up for LIC, she/he will certainly consider the insurance angle, because if the insurance facility is not very lucrative and only the saving plan is good, then LIC will not be a good choice. For saving money, systematically or randomly, there are numbers of other plans in the FD, bond or equity, and mutual fund segments. Also, the tax savings factor is another point to look out for under LIC plans. So, here GoodReturns will discuss why is the LIC Jeevan Labh plan is popular among the young demographic of India, keeping in mind the insurance coverage and maturity benefits.
LIC’s Jeevan Labh policy
The LIC Jeevan Labh, a limited premium paying, and non-linked investment policy is a preferred choice because of its flexibility of payment and long-term insurance coverage. This policy’s premium paying term (PPT) is distinguished into 3 options, – 10 years, 15 years, and 16 years with total term periods of 16 years, 21 years, and 25 years, respectively. That means if one is paying the premium (as PPT) for 10 years, the total term period with insurance coverage will be active for 16 years. Similarly, with 15 years of PPT, the policy will be active for 21 years, and with 16 years of PPT, the policy will be active for 25 years. To get the utmost return from LIC from this plan, paying the full premium in the PPT is suggested.
The minimum entry age of this policy is 8 years completed and the maximum entry age is 59 years, with a maximum maturity age of 75 years. The minimum sum assured of the total amount payable within the PPT is Rs. 2,00,000 with no upper limit depending on the income levels. This plan takes care of liquidity needs through its loan facility.
Benefits on death
If the subscriber dies within the total term, the nominee will get the paid premium with the insurance coverage. In case of accidental death, the insurance coverage is double the natural death coverage amount. LIC states that in case of death during the policy term, provided all due premiums have been paid, death benefit, defined as – the sum of Sum Assured on Death, vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Sum Assured on Death is defined as the higher of 7 times of annualized premium or Absolute amount assured to be paid on death, that is the Basic Sum Assured. However, this death benefit shall not be less than 105% of all the premiums paid as of the date of death. These premiums do not include any taxes.
Benefits on maturity
The maturity benefit of this plan is quite lucrative than any other plan offered by LIC. Sum Assured on Maturity is equal to the Basic Sum Assured, along with vested Simple Reversionary bonuses and Final Additional bonus (if any) will be paid by LIC in a lump sum on survival to the end of the policy term. However, all due premiums should be paid within the PPT. In the 1st year the premium will attract 4.5% tax, from the second year till last, it will attract only 2.25% tax.
Here are 3 calculation charts, that will show approximate premium amounts with different possible sum assured, their maturity and death benefits – with 3 different terms and PPT (entry age 30).
Chart 1: Jeevan Labh premium and maturity chart (25 years term, 16 years PPT)
Sum assured (INR)
1st year premium (yearly)
From 2nd year premium (yearly)
Death-sum assured
Basis sum assured
Approximate Return at the time of maturity
200000
9817
9605
200000
200000
525000
400000
19632
19210
400000
400000
1050000
600000
28665
28048
600000
600000
1575000
1000000
47514
46491
1000000
1000000
2625000
Chart 2: Jeevan Labh premium and maturity chart (21 years term, 15 years PPT)
Sum assured (INR)
1st year premium (yearly)
From 2nd year premium (yearly)
Death-sum assured
Basis sum assured
Approximate Return at the time of maturity
200000
11516
11268
200000
200000
404800
400000
23032
22536
400000
400000
809600
600000
33765
33038
600000
600000
1214400
1000000
56013
54807
1000000
1000000
2024000
Chart 3: Jeevan Labh premium and maturity chart (16 years term, 10 years PPT)
Sum assured (INR)
1st year premium (yearly)
From 2nd year premium (yearly)
Death-sum assured
Basis sum assured
Approximate Return at the time of maturity
200000
17805
17421
200000
200000
333000
400000
35609
34843
400000
400000
666000
600000
52630
51497
600000
600000
999000
1000000
87456
85573
1000000
1000000
1665000
These calculations have been done by GoodReturns, through the ‘All in one CALC’ mobile application, available in the android play store. An investor can check LIC’s all plans and their benefits from anywhere through this particular mobile application if interested to explore other LIC plans.
This chart calculation clearly shows why this term policy is popular among the young population – because of its lucrative lump sum amount at the time of maturity. Premium paid under this plan will be eligible for a tax rebate, under section 80c. If the subscriber is in his/her 30s, the 25 years policy will be over at the age of 55. At that old age, this lump sum will help to secure the rest of the life, while even after the end of PPT, the insurance coverage will be active. In case of death, the nominee will receive the money with sum and coverage. The life insurance angle is a very significant point for signing up under LIC plans. However, with a lower or young entry age, the chance of death is eventually lower. So, the lump sum will be like a good systematic saving for the subscriber. Maturity under this plan will be free from income tax, under section 10(10D).
As a note: either the investor can choose the ’25 years term, 16 years PPT’ option or the ’16 years term, 10 years PPT’ option. The middle segment, in terms of better benefits, can be easily replaced by the 16 years PPT option.
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Story first published: Tuesday, September 14, 2021, 14:21 [IST]
One can make deposits under SBI Platinum Deposits Scheme for a maturity period of Platinum 75 Days, Platinum 525 Days and Platinum 2250 Days. According to the announcement of SBI, the eligible deposits under the scheme are Domestic Retail Term Deposits including NRE and NRO, Term Deposits of less than Rs 2 crore, New and Renewal Deposits, Term Deposit and Special Term Deposits, NRE Deposits for a period of 525 Days and 2250 Days only.
Deposits such as Recurring Deposits, Tax Savings Deposits, Annuity Deposits, Motor Accident Claims Annuity (Term) Deposit Account (MACAD) Deposits, Multi Option Deposits (MODs), Capital Gains Scheme, NRE and NRO Deposits of Staff and Senior Citizens are not eligible under the scheme. Interest will be paid on term deposits at monthly/quarterly intervals and on maturity for special term deposits under the Platinum Deposits Scheme of SBI. Premature withdrawals are permitted under the scheme for both term and special term deposits. SBI Platinum Deposits Scheme account can be opened through bank branch, net banking or SBI YONO.
Under the Platinum Deposit Scheme of SBI, following interest rates will be applicable. According to SBI “Senior Citizens and SBI Pensioners shall continue getting benefits under SBI WECARE Scheme for 5 years and above tenor (additional benefit under Platinum Deposits not available).”
Tenor
ROI For Public
ROI for Senior Citizens
Existing
Proposed
Existing
Proposed
Platinum 75 days
3.90%
3.95%
4.40%
4.45%
Platinum 525 days
5.00%
5.10%
5.50%
5.60%
Platinum 2250 days
5.40%
5.55%
ROI applicable under SBI WECARE Scheme (6.20%)
Source: SBI
SBI Fixed Deposit Interest Rates
Following are the most recent interest rates of SBI for regular deposits of less than Rs 2 Cr made by the general public and senior citizens.
New Delhi: Shares of Suryoday Small Finance Bank rallied as much as 17 per cent on Tuesday amidst buzz over its merger with Clix Capital.
Clix Capital, a non-banking finance company, is in discussion with Suryoday Small Finance Bank (SSFB) for a merger, people familiar with the talks said.
Clix had attempted to take over Lakshmi Vilas Bank in the previous year, but could not succeed. The financial services firm has been on the lookout for a perfect fit to tide over the funding handicaps of an NBFC.
Following the update, shares of Suryoday Small Finance Bank zoomed 17 per cent to Rs 209.40, to trade at Rs 204.70 at 10.30 am. BSE Sensex was trading at 58,405.05, 227.29 points, or 0.39 per cent, higher at the same time.
Suryoday SFB is exploring both organic and inorganic opportunities to grow and bring down its exposure to unsecured loans. A merger with an NBFC or a bank would help in product diversification on the assets side, a person familiar with the matter said.
The recently-listed private lender has delivered 40 per cent return in just two sessions, as it hit its upper circuit of 20 per cent on Monday. However, the lender is still trading 33 per cent below its issue price of Rs 305.
The digital loan is provided against a wide range of equity and debt schemes across mutual funds. Customers can avail the loan by marking a lien on the mutual fund units, which are managed by various asset management companies.
“Mutual funds as an investment category has shown tremendous growth over the last decade and continues to gain momentum. Our latest digital product gives customers an opportunity to easily meet their fund needs in a seamless manner, even while retaining control over their portfolio,” said Abonty Banerjee, chief digital officer of Tata Capital.
LAMF is a personalized product, backed by technology and analytics, to meet the diverse fund requirements of the customer . The customer does not require to redeem the portfolio and pays interest only on the applied loan amount, which will be based on the value of the units in the mutual fund folio and tenure. According to the Association of Mutual Funds in India (AMFI), the Indian Mutual Fund Industry‘s assets under management have grown Rs from 15.18 trillion as on July 31, 2016 to Rs 35.32 trillion as on July 31, 2021, more than 2-fold increase in a span of 5 years.
Given the exponential growth in this investment category, the company believes that it is best suited for customers to meet their personal or business funding requirements.
The end-to-end digital offering will include onboarding to disbursement, loan that can be applied as an overdraft facility or as a term loan, and auto renewal facility available for tenure exceeding one year.
MUMBAI: Markets regulator Sebi and the brokers on Dalal Street are currently in a face-off relating to trading processes in the stock market. Sebi’s insistence on continuing with a very high margin requirement for all types of cash trades, called peak margin, has been met with strong resistance from the broking community.
As the issue relating to margin was being discussed between the regulator and the brokers, Sebi decided to move to the shorter T+1 settlement cycle from January 1, 2022.
On the second issue, although it will be optional when it begins next year, foreign investors have joined hands with brokers, saying that post-trade procedural time lags may lead to hurdles in shifting to a shorter settlement cycle. With no solution in sight, the issue has reached the finance ministry and may even land in court, industry sources said.
Sources within the regulatory body said that both the decisions were taken to make the Indian market a safer and better place. For one, the peak margin requirement will not impact investors who are buying to hold for the long term.
“Trading may become a bit costly for the day-traders,” a source said. In addition, the regulatory move to slowly shift to a T+1 settlement cycle will be beneficial to traders who buy with the aim of making some profit within a day or two.
Under the current system of T+2 settlement, a buyer gets the shares that he bought in his demat account on the third working day, including the day of trade.
Similarly, the seller receives the money for shares sold on the third working day. Under the proposed T+1 settlement cycle, the shares and money will come to the investor’s account the next working day.
The regulator believes that moving to a T+1 settlement cycle is perfectly in tune with Prime Minister Narendra Modi’s ‘Ease of Doing Business’ initiative.
Foreign funds are opposing the move to a shorter settlement cycle since they have to tweak their settlement processes that involve their own people, the custodians in India, depositories, clearing corporations and banks, to meet the needs.
On the other hand, the regulator believes that since T+1 cycle will initially be optional for stocks that exchanges select, if the trading volumes in those stocks do not match up to the current T+2 cycle, the bourses will automatically revert to the longer settlement cycle.
Over the last few months, ANMI, one of the pan-India brokers’ bodies, made several representations to Sebi. These were against introductions of peak margin and T+1 settlement cycle. ANMI had pointed out that introduction of peak margin may increase market risks, defeating its objective of reducing the same.
The brokers’ body also said that if T+1 cycle is introduced, it would increase working capital requirement for brokers, extend working hours for banks and depositories, and increase settlement risks due to failure in matching trades by FPIs.
Veterans of the market, however, say that discount brokers stand to gain the most from the proposed changes, since these brokerages are relatively new, their operations are fully automated and digitised.
“The current situation presents a unique case: The regulator and some brokers, riding technological advancements in the financial space, are trying to move ahead. On the other hand, foreign funds who use state-of-the-art technologies for trading, want to continue to use legacy technology when it comes to settlement of trades,” said a market observer.
MUMBAI: Markets regulator Sebi and the brokers on Dalal Street are currently in a face-off relating to trading processes in the stock market. Sebi’s insistence on continuing with a very high margin requirement for all types of cash trades, called peak margin, has been met with strong resistance from the broking community.
As the issue relating to margin was being discussed between the regulator and the brokers, Sebi decided to move to the shorter T+1 settlement cycle from January 1, 2022.
On the second issue, although it will be optional when it begins next year, foreign investors have joined hands with brokers, saying that post-trade procedural time lags may lead to hurdles in shifting to a shorter settlement cycle. With no solution in sight, the issue has reached the finance ministry and may even land in court, industry sources said.
Sources within the regulatory body said that both the decisions were taken to make the Indian market a safer and better place. For one, the peak margin requirement will not impact investors who are buying to hold for the long term.
“Trading may become a bit costly for the day-traders,” a source said. In addition, the regulatory move to slowly shift to a T+1 settlement cycle will be beneficial to traders who buy with the aim of making some profit within a day or two.
Under the current system of T+2 settlement, a buyer gets the shares that he bought in his demat account on the third working day, including the day of trade.
Similarly, the seller receives the money for shares sold on the third working day. Under the proposed T+1 settlement cycle, the shares and money will come to the investor’s account the next working day.
The regulator believes that moving to a T+1 settlement cycle is perfectly in tune with Prime Minister Narendra Modi’s ‘Ease of Doing Business’ initiative.
Foreign funds are opposing the move to a shorter settlement cycle since they have to tweak their settlement processes that involve their own people, the custodians in India, depositories, clearing corporations and banks, to meet the needs.
On the other hand, the regulator believes that since T+1 cycle will initially be optional for stocks that exchanges select, if the trading volumes in those stocks do not match up to the current T+2 cycle, the bourses will automatically revert to the longer settlement cycle.
Over the last few months, ANMI, one of the pan-India brokers’ bodies, made several representations to Sebi. These were against introductions of peak margin and T+1 settlement cycle. ANMI had pointed out that introduction of peak margin may increase market risks, defeating its objective of reducing the same.
The brokers’ body also said that if T+1 cycle is introduced, it would increase working capital requirement for brokers, extend working hours for banks and depositories, and increase settlement risks due to failure in matching trades by FPIs.
Veterans of the market, however, say that discount brokers stand to gain the most from the proposed changes, since these brokerages are relatively new, their operations are fully automated and digitised.
“The current situation presents a unique case: The regulator and some brokers, riding technological advancements in the financial space, are trying to move ahead. On the other hand, foreign funds who use state-of-the-art technologies for trading, want to continue to use legacy technology when it comes to settlement of trades,” said a market observer.
According to Motilal Oswal, in FY21, Tata Consumer Products consolidated revenue grew 20% YoY, driven by volume growth of 12%/11% in India Beverages/Foods and tea price inflation.
“Operating leverage and lower ad spends aided EBITDA growth of 19% YoY in FY21. This despite gross margin contracting by 330 basis points to 40.5%. The underlying numbers were better given the double-digit volume growth in the base business, despite COVID-related disruptions. Overall performance was impacted by tea price inflation. The same is likely to taper down in the near term and bodes well for Tata Consumer Products,” says the broking firm.
Building Tata Sampann, which should help says Motilal Oswal
The company is building Tata Sampann, which deals in pulses and spices. “This should grow in high double-digits. The market size for pulses/spices in India currently stands at Rs 1,500/billion and Rs 600 billion, with unorganized players constituting 99%/70% of the market. Growth is expected through the capture of market share from unorganized players via an increasing distribution reach and new product launches,” the brokerage has said.
Buy the stock of Tata Consumer Products for a price target of Rs 1,000
According to Motilal Oswal. the unlocking of sales and distribution synergies from the merger of group companies has started to yield results.
“This is evident from the market share increase in tea (+190 basis points YoY) and salt (+160bp) in FY21 (and 1QFY22) on the back of an increase in numeric distribution. Direct coverage rose 30% in FY21, and the management aims to reach 1m by Sep’21. The company is establishing a strong S&D channel, which would act as a key growth driver. We expect a sales/EBITDA/PAT CAGR of 10%/18%/23% over FY21-24E. We arrive at an FY24E SoTP-based target price of Rs 1,000 per share. We maintain our Buy rating,” the brokerage has said.
Disclaimer
Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage houses are not liable for any losses caused as a result of decisions based on the article. The above stock is taken from the research report of broking firm Motilal Oswal. Investors are also advised caution as the stock markets have seen a meteoric rise in the last few weeks.
SBI Platinum Deposits vs HDFC Green Deposits: Where Should You Invest?
