Personal loans are the most widely applied financial tool when the individual has an urgent need, such as medical, house improvement, or rescheduling debts. More weight is given to interest rates, but processing fees and even hidden costs are significant cost drivers when it comes to a loan. Only if one understood these expenses would…
Domestic stock markets on November 19, 2024 showed some bounce back after consistent selling pressure at the beginning of this week. | Photo Credit: Reuters Stock markets across the country remained closed on Wednesday on account of the assembly elections in Maharashtra. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) observed a…
Union Finance Minister Nirmala Sitharaman recently hinted at the need to cut interest rates for the sake of growth. In a covert hint, which can be construed as a nudge, she hoped for the lending rates to be more affordable. At an SBI event held in Mumbai on Monday, Ms Sitharaman said that the bank…
Personal loans are one of the most sought after products in the field of finances, since they fulfil the need for instant money for any purpose. Personal loans can be rather beneficial and convenient at the same time as it has its advantages and on the other side it also has the risks which are…
Have you recently come across a video where Reserve Bank of India Governor Shaktikanta Das is seen giving investment advice? This is another deepfake video intended to trick investors into making investment in fraudulent platform(s). This is not the first time when fraudsters tried fleecing gullible investors with the aid of a public figure’s “video”….
Picture this. After days of painstaking research on the right funds, you are finally ready to invest in a mutual fund. You weigh all the options and zero in on the right scheme. But, just as you are about to hit the invest button, you are stopped in your tracks. The reason: Your KYC is…
If you rely on a credit card to make most of your financial transactions or you are planning to switch to a credit card for the rewards and cashback it offers, it is important to know that once issued, a credit card cannot be used forever. Every credit card has an expiry date. What is…
For representative purposes. | Photo Credit: iStockphoto The story so far: Donald Trump, the President-elect of the U.S., has promised to impose tariffs of up to 60% on Chinese imports to correct the huge trade deficit the U.S. has with China and also as a punitive measure to make China reduce the subsidisation of its…
Personal loan loans are flexible financial options that can be availed in pursuit of different goals of life such as paying an emergency medical bill, funding home improvements or realising that special dream vacation. Before getting into the world of personal loans, however, one needs to get a gist of the basics. Also Read |…
Around nine months after the stress tests for small and mid cap funds became mandatory for mutual fund houses, some of these funds would still require as long as 43 to 56 days to liquidate 50 percent of their portfolio in case of a stress event, reveals the latest data for October. This is relevant because…
