Posts tagged "Banks"
Should You Buy All Your Financial Products from Banks?

Should You Buy All Your Financial Products from Banks?

Banks have now become financial supermarkets that sell all kinds of financial products. Under the ‘Universal Banking’ system, banks sell insurance, mutual funds, online trading services, etc. Many customers are preferring to buy all the financial services needed by them from a single bank where they have an account. The main reason for this preference...
My Experience With Transferring Mutual Fund Units in Demat Form

My Experience With Transferring Mutual Fund Units in Demat Form

I recently wanted to close one of my Savings Bank Accounts I had with a private bank. When I approached the bank, I was informed that I need to close the linked Demat account before the Savings Account could be closed. And I was also informed that I could not close the Demat account until...