BUSINESS
Score & Soar: Here’s how your credit score can help land that dream job
Employers in financial services or organisations where financial responsibility is crucial, might use the services of credit bureaus to screen an applicant’s credit profile for a bird’s eye view of the hire’s financial habits.
BUSINESS
Destination wedding on a budget: Say 'I Do' in Andamans, Jaipur, or Goa under Rs 50 lakh!
A quick flight and a romantic resort can add glitter to your wedding but destination weddings can cost a bomb. There are ways to cut costs though, if you plan it carefully.
BUSINESS
Marry Now, Pay Later? Why wedding loans are not a match made in heaven
While taking out a wedding loan or participating in a ‘Marry now, pay later’ scheme, borrowers must understand key terms such as interest rate, loan amount, and repayment schedule. You should borrow only to pay for the basic expenses and not to fund the showbiz part of the Big Fat Indian Wedding.
BUSINESS
No impact on home loan interest rates for now, as RBI leaves repo rate unchanged
RBI MPC meeting: Depositors, too, will continue enjoying higher interest rates for now, say experts
BUSINESS
Senior citizens and estate planning: 8 crucial mistakes to avoid
A well-documented estate plan can prevent family disputes and ensure harmony and peace, even after your lifetime. Therefore, act today.
BUSINESS
Made in heaven: How to choose a wedding planner
The expertise of wedding planners in organising this once-in-a-lifetime event can be highly beneficial. They offer a spectrum of services, ranging from full-service planning to partial assistance. The cost is based on the date of the wedding, location, number of guests, and list of services to be managed and coordinated.
BUSINESS
Seven financial changes that may impact you this December
From providing nomination or opt-out for investments in MFs and demat accounts to changes to HDFC Bank’s Regalia credit card lounge access within India, you need to be aware of several changes in the financial arena.
BUSINESS
Estate planning 101: Ten estate planning tips for senior citizens
Estate planning for senior citizens is required for the smooth transfer of assets and for the fulfilment of their wishes during their lifetime and after their death.
BUSINESS
FD rates: Small finance banks that offer up to 8.6% interest on 3-year deposits
Small Finance Banks are offering higher interest rates to garner newer deposits.
BUSINESS
Tying the knot? Tips to keep your wedding budget in control
From choosing the right venue to keeping in check unexpected costs, keep a close eye on the wedding budget that can just as easily spiral out of control. So, keep the right balance.
BUSINESS
Maintaining multiple bank accounts? Now, get single-view access to all transactions
Axis Bank and ICICI Bank customers can get a comprehensive view of their transactions across all bank accounts through the new account aggregator-enabled facility. At the click of a button, you can view bank balances, top spending and income categories, expense breakdowns, daily inflows, expenses, and balance analysis.
BUSINESS
Explained: Key Fact Statement of a loan and why it is important
RBI ban on Bajaj Finance: The RBI has asked Bajaj Finance to stop the sanction and disbursal of loans under two of its lending products with immediate effect, for not issuing Key Fact Statements to borrowers.
BUSINESS
FD rates for Senior Citizens: Banks that offer up to 8% interest on 3-year deposits
Senior citizens should invest a part of their savings in fixed deposits which offer liquidity and ensure interest income periodically.
BUSINESS
Children’s Day Special: Board games & bank accounts — how parents instill financial values in kids
Financial planners are resoundingly in favour of imparting financial literacy right from childhood, as that will make kids much more responsible with money as they grow into adults.
BUSINESS
Planning to buy a home this festive season? Here are six things to consider
This season, several financial institutions have announced a raft of offers to lure homebuyers’ interest. However, before you opt for a home, save enough for the down payment, conduct a thorough background check on the builder and check the project details on the RERA website, among other things more.
BUSINESS
Banks prefer to lend money to salaried, than self-employed, says a Paisabazaar study
A Paisabazaar report titled “Making India Credit Fit” says that awareness of credit has gone up sharply among young customers.
BUSINESS
AasaanWill launches gift cards for making wills and estate planning
AasaanWill, a digital Will writing platform, has launched gift cards for Will writing and estate planning services. Prices start at Rs 2,999.
BUSINESS
Google, FACE join hands to eliminate illegal lending apps: How borrowers will gain from this initiative
With this collaboration, FACE will support Google with market intelligence to detect predatory digital lending apps in India that are non-compliant with the Play Store’s policies, enabling swift action against them.
BUSINESS
Finfluencers exist because traditional financial organisations and setups left a gap: MF experts
It's extremely important to educate people on personal finance from the school, said Nilesh Shah of Kotak AMC at a panel discussion on financial literacy at IFTA 2023.
BUSINESS
Watch out for financial changes this November amid gold buying for Dhanteras and navigating festive offers
The month will see BSE raising derivatives transaction fees and banks will wind up special high-rate FD schemes while the reward multiplier scheme will end for Amex cardholders.
BUSINESS
Now, lenders to inform borrowers while reporting their loan defaults to credit bureaus
By demanding the appointment of nodal officers at every credit institution, assigning a financial penalty for delay in redress of customer grievances, and regular updates to the customers on access of their credit information reports, one can expect the industry to be more customer-friendly.
BUSINESS
FD rates: Public sector banks that offer up to 7.25% interest on 3-year deposits
FD investment in leading public sector banks and private banks comprises 76 percent of total bank deposits. Leading public sector banks such as Bank of Baroda, SBI, Union bank of India, among others are offering the best interest rates on three-year FDs.
BUSINESS
Festive season splurge: 5 smart tips to keep your budget on track
Before you indulge in shopping, prepare a budget and steer clear of debt traps like buy now, pay later or no-cost EMI schemes.
BUSINESS
Higher TCS on foreign spends: Credit cards exempt for now, book flights, hotels separately to minimise tax impact
The government has clarified that standalone purchases of foreign flights or hotel stays are not considered as a purchase of an overseas tour package; they are covered under LRS.
