The RBI has introduced MCLR linked loans instead of Base Rate linked loans for all banks – a move that bodes well for borrowers. Here are some useful tips from Ram Sundar, Senior Manager, BankBazaar, on how MCLR will help you with your loan.
You can now get onto the electoral rolls by enrolling online. You heard right! It’s possible to get your voter’s ID, update your details or change your constituency in just a few minutes. Read on to know more.
Turning 30 is an important milestone in everyone’s lives. One way to be ready to meet this milestone is to ensure that you face no trouble financially. There are certain financial goals that you need to pursue much before you blow out the candles on that cake. Here are some financial goals that every individual should accomplish before they turn 30.
An accident qualifies as hit-and-run when details of the motor vehicle and its driver, responsible for the mishap, cannot be ascertained. Many times offenders behind the wheels drive away instead of helping the victims, due to fear of harsh punishment. We always hope for you to be safe, but it is useful to know what you must do in case of an accident.
Senior citizens and other investors, who depend on small savings schemes, have to live with lower interest rates on their investments from April 1, 2016 for the next quarter and maybe even after that. But borrowers can expect good days going forward.
When it comes to long-term investment options, PPF and ELSS are two popular ones in India. These investments not only give you good returns but are also an ideal means of saving taxes. Let’s learn a little more about these investment options.
The price of a cup of coffee has grown astronomically over the years, with the promise of increasing even more. Will you be able to afford a cup of coffee in 20 years?
Fixed returns and good interest rates are probably the two most common features which make Recurring Deposits and Fixed Deposits the most popular investment options for most Indians. Learn about the differences between the two.
Becoming an adult comes with added responsibilities. And with great responsibility comes great power, like a license to drive on public roads. Assuming of course, that you’ve passed your driving test and have a valid driver’s license. If you don’t have a driver’s license but have plans to grab that piece of plastic symbolizing ‘freedom’ and ‘independence’, here are few things that you should know.
There is a view that sovereign gold bonds will adversely affect the growth trajectory of gold exchange-traded funds (open-ended funds traded on stock exchanges) in India. While it is premature to arrive at such a conclusion, the fears are not entirely unfounded, according to some analysts. Before any opinions are formed, however, it would do well to understand the significant differences between bonds and ETFs.