Investors in fixed income instruments are constantly in the lookout for products or tools that offer higher rates of interest than others. As interest rates continue to spiral their way upwards, debt instruments like company deposits and bonds have proved that they are quite the catch in terms of returns and diversity. Company fixed deposits,… Read More »
With panic rising amongst investors in the country, people who have invested in fixed deposits are afraid of a further slash in interest rates and are hence rushing to renew their fixed deposits at the existing rates of interest. Banks are further trying to focus on their Current and Savings Account also known as the… Read More »
Never really thought about this option? Well it is the fact. If your Public Provident Fund (PPF) has completed 1 whole financial year, then most probably you will be entitled to get a loan against it. But first, there are certain conditions that you need to comply to. Firstly, your account needs to have completed… Read More »
It is very important to know about your financial advisor, as you entrust him with your hard earned money. With the aim of investing, one should not buy a personal loan, home loan etc to bridge the gap between their dreams and finances just because they were forced into wrong financial decisions which were committed… Read More »
You do not want to pay the price of something you are not responsible for. Especially when it comes to credit card frauds, there have been instances in the past where people have borrowed loans, personal loans etc just because they didn’t report a credit card theft on time and when they noticed it was already too… Read More »
Updating the credit report will be an ongoing process – lenders send updated data regarding an account to the agencies. It depends on how may credit accounts and individual has and when there is a change in the credit data. The moment there is a change in the credit data, it will reflect in the… Read More »
In case of any financial emergencies, you as a shareholder can pledge your shares with a bank which provides a loan against such shares. You can also avail a loan against your shares by pledging shares of your immediate relatives, who become the third party pledgers. Apart from that, there will not be any difference… Read More »
If you have carefully taken every step towards investing in the right direction, then here is a reason for you to smile amidst the volatile market situation. Investments in the mid and small cap companies have proved to be far more profitable since that’s the avenue where most diversified funds invest your money into. Mid… Read More »
As fixed deposits continue to lose their shine, owing to a steep fall in their interest rates, investors are looking around the market for better and more sustainable sources of investment. As an investor, it is important to remember that the market is subject to volatility and we must never place all our funds in… Read More »
As the festivities and celebrations finally begin, it is not uncommon if you end up going on a spending spree. But while shopping, always remember to avoid these mistakes in order to safeguard and protect your credit card and its inherent wealth and privacy. a) Thoroughly analyze and read the terms and conditions of your… Read More »