welcome to Tips for financial freedom

One of the bills among an entire lot of banking reforms is to endorse the new law which frames the rules for the judgment of failing banks. All these details were leaked to social media which made worry ripple across banks in the country. This bill was approved by the Central Government in the month of June 2017. If the Indian government does go ahead with the passing of this bill, the Resolution Corporation, which is the proposed rescuing body, is the shoe-in for a large amount of “bail-in” power. This corporation can summon these “bail-in” conditions for saving a bank or a financial institution which is on the threshold of collapse. The corporation will be established under the Financial Resolution and Deposit Insurance Bill. Used to save

With our fast-paced lifestyle, it’s sensible to save money to secure our future. More so, it’s even wiser to invest those savings to help you either reach your financial goals or aid through an emergency. By investments we mean, monetary assets that you procure in order to avail profits in the coming years. For middle class families, there are safe investments which have zero risks. These investments are good for people who want to invest less money for guarenteed returns on your investment. For example, you have Rs. 1,000 left in your bank account. You could invest Rs. 500 in smart schemes to get good returns. Here’s a list of smart schemes that you can look at for protecting your furture: Pradhan Mantri Suraksha Bima Yojna: @Rs 12