Axis Bank has launched a short-term online fixed deposit product ‘Express FD’ that allows a customer to open a FD account in 3 minutes through the digital mode without opening a savings account with the bank. The new product offers a host of features like attractive interest rates, zero issuance fees and no penalty on ..
Fixed income: GK, Current Affairs, Questions, Trivia and News
The yield curve inversion brought down the share prices. When the long term interest rates fall below short term interest rates the yield curve inversion occurs. It is one of the predictors of recession. However, experts say that one day yield curve recession cannot decide on the recession. The professionals say that the trade war ..
With the aim of promoting green economy across the world, green bonds have been initiated to finance the environment friendly businesses and assets. The first two banks to issue these were the World Bank and the European Investment Bank. They have attracted corporates and financial institutions across the world and became popular very quickly. In ..