Save entry load on SIPs

Beginning August 1, 2009, the Securities and Exchange Board of India (Sebi) has said, there will be no entry load for any mutual fund scheme and the upfront commission to distributors will be paid directly by the investor. Did you know you could be still paying an entry load even after Aug 1, 2009? Here’s [...]

Author: Austin Comments: 0 comments Date: 15 Aug 2009 More: Read more
Categories: Mutual Funds Tags: , ,

ICICI Bank to recover credit card dues from salary account

In their constant pursuit of recovering dues from credit card customers, banks are empowering themselves with a tool that allows them to ask employers to deduct the outstanding amount from the salary. Employees who may have defaulted on payment, however, cannot object to this deduction of dues at source, according to the new clause introduced [...]

Author: Austin Comments: 0 comments Date: 2 Aug 2009 More: Read more
Categories: Credit Cards Tags: