Entertainment

15 Feb

Bank of India Raises ₹2,690 Crore through 10-Year Infrastructure Bonds at 7.50% p.a

MFNewsBusiness, Entertainment, Insurance

Bank of India Raises ₹2,690 Crore through 10-Year Infrastructure Bonds at 7.50% p.a Chandigarh: Bank of India, a leading Public Sector Bank, has raised 10 years Infrastructure Bonds of Rs.2,690 crore @ 7.50% p.a, today through NSE Electronic Bidding Platform. The Base Issue size was Rs.1,500 crore with Green Shoe option of Rs.3,500 crore. Bank received total of 94 bids amounting to Rs.8,845 crore, 5.90 times of the Base issue size. Bank accepted bids at cut-off coupon of 7.50% of Rs.2,690 crore. There were 26 successful bids. The funds raised through Long Term Bonds will be used for funding long…

05 Feb

Planning for Financial Independence in Retirement

MFNewsBusiness, Entertainment, Health, Insurance, Mutual Funds, Opinions, Shares, Sports, Technology

Gaurab Parija, Head- Sales & Marketing, Bandhan AMC Planning for Financial Independence in Retirement Achieving financial independence for retirement is an aspiration that requires careful planning and disciplined execution. It is important to understand that this process is a long-term journey, involving multiple steps and steady adjustments. Considering one’s current financial conditions, setting clear goals, and building a solid savings plan, all make up important parts of what your life after retirement will look like. The main aim of a robust retirement plan is not just about reaching a state where one’s savings and investments cover basic living expenses but…