Systematic withdrawal plan allows an investor to withdraw money from an existing mutual fund at predetermined intervals, for instance, monthly, quarterly, yearly I want to know more about Systematic Withdrawal Plan (SWP). I am 45 years and planning regular income after 60 years of age via MF investment. Please suggest […]
IRCTC results: Profit, revenue more than double in fourth quarter
IRCTC’s net profit more than doubled during the January-March period to ₹214 crore, compared with ₹104 crore in the corresponding period of last year. IRCTC, the catering and tourism arm of Indian Railways, reported 103% growth in revenue from operations to ₹691 crore in the fourth quarter as against ₹339 […]
OTP not needed for approval of recurring payments up to Rs15k
The RBI on Wednesday increased the limit for auto-debit mandates done through cards and unified payment interface (UPI) to ₹15,000 from the earlier ₹5,000 Customers will no longer be required to approve recurring transactions on their subscriptions, utility bills, EMIs etc up to ₹15,000 with a one-time password (OTP) each […]