Here are some high risk investments which are considered best. These are not suitable for investors who want to have low risk.
With KYC, banks are advised to issue travelers cheques, demand drafts, mail transfers, and telegraphic transfers for Rs.50,000 and above only.
If you are looking to take a loan, this is the probably the best time in the year to go ahead with the plan.
Recently many major banks have reduced interest rate on home loans which combined with this move helps many home loan seekers.
After RBI gave approval to eleven entities for launching Payments Banks, the in-principle approval has been granted within a month.