What is a CIR? CIR (Credit Information Report) is the report which maintains a track record of your credit history. Your credit history can be information relating to the number of loans you have applied for, number of loans you are currently repaying, the outstanding amount on your account, the amounts you might have defaulted… Read More »
With the latest news on fixed deposits stating that the rates of interest are expected to fall to an all time low, investors all across the country are rushing to the fixed deposits of banks to invest their funds before the rates of interest, as predicted, fall down. Their main objective is quite in sync… Read More »
When the dangerous credit crisis chook the financial structures of industries worldwide in the year 2008, everyone expected the performance of credit cards to fall back too. However, in the aftermath of this financial disaster, the credit card industry holds the record of shining through the darkness with its impressive performance. While banks played a… Read More »
What do you expect from your fund manager as an investor in mutual funds? Excellent returns on your initial capital that is better than that offered over and above the market? If so, then as the manager of an active mutual fund, you will solely be responsible for the delivery of excellent results that that… Read More »
If you are new to the investing routine or if you are an old player in the field of investments, it is important for you to remember one thing- formulate your investment plan with great diligence. It is not only important to start your investment routine with proper planning in the initial phase, but also… Read More »
In case of emergencies, most people, if they are not able to accumulate funds, opt for debts like personal loans for helping them in such situations. What they don’t realize is that, procuring such loans may come with a lot of ease but it can harm their financial position in future. The Reserve Bank of… Read More »
The year 2011 had witnessed a steep rise in the number of mutual fund mergers, wherein a mutual fund house merges its schemes together. This is done for the purposes of hiding the deplorable performance of a mutual fund scheme, or to prevent the retention of its assets or redemption, by merging it with a… Read More »
Investors, who are new to the markets, may not have the prior knowledge of when, where and by how much they need to invest their funds but they are determined to watch their investments grow. If you believe opting for debt like personal loans, home loans is not your cup of tea and if you… Read More »
With rising fears that the economy may move towards deflation, especially since the wholesale price index is fast moving towards zero, there is no denying that the economy is in a state of fear. With the arrival of deflation, there is an immediate and urgent need to change your current strategies of investment. This is… Read More »
Most financial advisors advise investors to secure their financial future which can be done by linking their goals with their financial investments. Doing so, they can ensure that they get funds for completing their requirements as and when they crop up without having to dependent excessively on debt. For example, if you plan to buy… Read More »