Artwork

Content provided by Yatin Chadha. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Yatin Chadha or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Player FM - Aplicație Podcast
Treceți offline cu aplicația Player FM !

Guaranteed Investment Certificates (GICs) 101 with Mahima Poddar from EQ Bank

25:45
 
Distribuie
 

Manage episode 361165863 series 2786045
Content provided by Yatin Chadha. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Yatin Chadha or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Next to our volatile markets, guaranteed income certificates (GICs) have been one of the most discussed topics over the last year.
In this episode I sit down with Mahima Poddar of EQ Bank to dissect these in a bit more detail.
Mahima Poddar is the Senior Vice-President & Group Head of Personal Banking at Equitable Bank (EQ), which has now grown to $8 Billion in deposits and over 300K customers.
Discussion Points:
- what is a GIC? (6:15)
- payment frequency (6:36)
- reinvesting interest (7:11)
- what influences GIC rates? (7:45)
- registered vs non-registered rates (10:03)
- GIC rates at big banks vs EQ & other smaller banks (10:30)
- redeemable/cashable GICs: how much of your cash can you remove? (11:40)
- what if you need to pull out $$ from a non-redeemable GIC? (12:20)
- GIC protection through CDIC (13:06)
- understanding a laddered GIC approach (14:33)
- market-linked GICs (16:31)
- the pain points EQ bank is trying to solve & plans for business banking (19:30)
Reach out anytime: beyondmdpodcast@gmail.com.
Mahima's LinkedIn:
https://www.linkedin.com/in/mahima-poddar-73b1b430/
Yatin's Resources:
https://www.youtube.com/watch?v=LhaXNoURidA
https://www.youtube.com/watch?v=gno63208wsY&t=8s
https://www.youtube.com/watch?v=CwviUABYzXM
beyondmdpodcast.com
https://www.linkedin.com/in/yatin-chadha-29074b109/
https://www.instagram.com/beyond.md/

  continue reading

81 episoade

Artwork
iconDistribuie
 
Manage episode 361165863 series 2786045
Content provided by Yatin Chadha. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Yatin Chadha or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Next to our volatile markets, guaranteed income certificates (GICs) have been one of the most discussed topics over the last year.
In this episode I sit down with Mahima Poddar of EQ Bank to dissect these in a bit more detail.
Mahima Poddar is the Senior Vice-President & Group Head of Personal Banking at Equitable Bank (EQ), which has now grown to $8 Billion in deposits and over 300K customers.
Discussion Points:
- what is a GIC? (6:15)
- payment frequency (6:36)
- reinvesting interest (7:11)
- what influences GIC rates? (7:45)
- registered vs non-registered rates (10:03)
- GIC rates at big banks vs EQ & other smaller banks (10:30)
- redeemable/cashable GICs: how much of your cash can you remove? (11:40)
- what if you need to pull out $$ from a non-redeemable GIC? (12:20)
- GIC protection through CDIC (13:06)
- understanding a laddered GIC approach (14:33)
- market-linked GICs (16:31)
- the pain points EQ bank is trying to solve & plans for business banking (19:30)
Reach out anytime: beyondmdpodcast@gmail.com.
Mahima's LinkedIn:
https://www.linkedin.com/in/mahima-poddar-73b1b430/
Yatin's Resources:
https://www.youtube.com/watch?v=LhaXNoURidA
https://www.youtube.com/watch?v=gno63208wsY&t=8s
https://www.youtube.com/watch?v=CwviUABYzXM
beyondmdpodcast.com
https://www.linkedin.com/in/yatin-chadha-29074b109/
https://www.instagram.com/beyond.md/

  continue reading

81 episoade

Kaikki jaksot

×
 
Loading …

Bun venit la Player FM!

Player FM scanează web-ul pentru podcast-uri de înaltă calitate pentru a vă putea bucura acum. Este cea mai bună aplicație pentru podcast și funcționează pe Android, iPhone și pe web. Înscrieți-vă pentru a sincroniza abonamentele pe toate dispozitivele.

 

Ghid rapid de referință