With constant reforms carried out by the Reserve Bank of India (RBI) in order to encourage masses to invest in the growth of India one of its recent modifications is to enable investors transact their Mutual Funds (MFs) through Demat Accounts. It is now possible for mutual fund holders to hold their units in the… Read More »
Did you ever imagine that the cash swiping machines of banks could make many millionaires in the country? Ever thought that this simple instrument could revolutionize the way banking was conducted in the country? Well, wonder no more as many people have begun to earn large sums of money with the help of these machines,… Read More »
If you need to renovate your home for which you are still paying an EMI (stands for Equated Monthly installment), instead of a personal loan, opt for a home improvement loan! In fact, whether you are an existing home loan borrower or not, you can still pledge the value of your house for financing the… Read More »
With the festive season in full gear, there is no better way to kick start the holidays by jetting off to a far off destination. With co-branded travel cards being introduced to make your travel experience more joyful, what more can you ask for? These cards not only offer safety, security, convenience and accountability, but… Read More »
Loan borrowers needed to stall the banks or stay on hold with the banks’ employees just to know how much is the Equated Monthly Installment (EMI) they are required to pay or what will be the value of their investment after a few years. This required the bank’s assistance since it required complicated Excel sheet… Read More »
While the current market scenario boasts of fluctuating interest rates, the Reserve Bank of India has increased the key policy rates by 50 basis points with immediate effect, so as to attempt to bring inflation to a halt. While inflation is determined by the three integral factors of the state of the global economy, the… Read More »
It is quite sad, literally to experience certain unwanted assets being forced upon just for the fact that the company needs to sell it or they find a customer who has enough to pay for it. If you are a person who might just be experiencing a situation where a housing loan company gives you… Read More »
The word ‘credit card’ can arouse different emotions in different people. In some people, it can evoke the need to run on a spending spree. For some, it may just spell convenience and comfort all summed up into one. For some others, it may be a ticket to financial flexibility and spend ability. While for… Read More »
Today the credit card industry has allowed its customers to have the cake and eat it as well. Gone are the times when people used to maintain a single credit card, to fund them in times of personal financial emergencies. Today, the season’s trend is to hold a wide variety of credit cards in order… Read More »
Mutual Fund houses are redirecting their funds towards investments in short term plans while keeping their focus mainly on the liquid assets. The reasons as to why short term funds are in the lime light is because of the rate hikes proposed by RBI and also because of the uncertainty in the long run due… Read More »