STI NEWS;Finance Bill, 2011 assented by President of India” plus 1 more |
Finance Bill, 2011 assented by President of India Posted: 08 Apr 2011 08:14 PM PDT |
Sweep savings and FD accounts to make idle cash earn more Posted: 08 Apr 2011 07:38 PM PDT If you are passive Financial planner and your funds in a savings account. This cash might be earning a measly 3.5% per annum, but you are not inclined or don't have the time to shift it to a more lucrative investment option. The sweep facility is for people like you. What exactly is a sweep facility? What's a sweep facility? It's a deposit option that banks have been offering for a few years... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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