BUSINESS
RBI raises rate: Part-prepayment, higher EMI to keep your home loan interest outgo in check
Look at cutting your expenses to voluntarily pay higher EMIs, use annual bonuses to prepay part of your loan
BUSINESS
E-mandate limit for recurring card payments hiked to Rs 15,000: What it means for users
Increase in the e-mandate limit will help users leverage benefits available under the framework to a greater extent and enhance customer convenience.
BUSINESS
RBI Monetary Policy | Borrowers to see a steep hike in EMIs, interest burden
For depositors, this signals a further increase in their deposit rates, but high inflation means that real returns will remain muted
BUSINESS
Studying abroad? Be aware of these 5 additional costs linked to your education
First, estimate your expenses after some thorough research. Then budget for them before departure. You will need to factor in pre-departure expenses, external coaching fees, deposit for rented accommodation and other costs.
MCMINIS
Should you shift from MCLR to repo-linked loans?
BUSINESS
As private sector bank rates on three year FDs for senior citizens go as high as 7.1%, is it time to invest?
FDs offer liquidity and ensure interest income periodically
MCMINIS
What is a Masked Aadhaar Card?
BUSINESS
What not to do with your Aadhaar number
Do not share Aadhaar copies indiscriminately, use masked Aadhaar or virtual ID for opening bank accounts, buying insurance policies to prevent misuse
BUSINESS
Making the right moves: Things to keep in mind before relocating
Before relocating to a new city, make a budget sheet, consider major expense heads, arrange the necessary funds and plan for intangible expenses as well
BUSINESS
RBI's repo rate hike effect: Private banks offering as high as 6.25% on one-year fixed deposits
Several private banks have hiked interest rates on fixed deposits for one year tenure after the Reserve Bank of India raised the repo rate by 40 basis points this month
BUSINESS
SEBI proposes banning celebrity promotion of cryptocurrency: Know how Salman Khan, Ayushmann Khurrana, Ranveer Singh and others endorsed it
A big lesson for investors, who fell for flashy crypto advertisements by their favourite Bollywood celebrities last year, is to do their own research and not follow the herd
BUSINESS
When crypto prices fall, Ayushmann Khurrana, Disha Patani, Ranveer Singh are of little help
In 2021, many celebrities, including Bollywood stars, advertised cryptocurrencies, on the back of a bull-run in virtual currencies. But since November 2021, crypto prices have seen a massive crash leaving retail investors high and dry, especially, those taken in by the celebrity advertisements.
TRAVEL-TRENDS
Not planned your summer holiday yet? 5 hacks to bring your last-minute travel costs down
Planning a vacation at the last moment can make your holiday costly. A little bit of control on your budget and smart planning, like visiting an offbeat destination, can lower your travel costs significantly
BUSINESS
Fed up with low bank FD rates? These corporate FDs offer up to 7.25% interest on three-year deposits
Corporate fixed deposits offer a decent avenue to get higher interest rates than what banks offer. The pitfall is the danger of default, that could crop up in low-rated FDs. Check the ratings and company financials before investing
BUSINESS
How RBI's repo rate hike has pushed small finance banks and private banks to offer as high as 7% on three-year FDs
Several banks have sharply hiked interest rates on fixed deposits across the tenures after the Reserve Bank of India raised repo rate by 40 basis points in this month.
MCMINIS
Why should you check your credit score periodically?
BUSINESS
RBI DigiSaathi aims to answer all banking queries and offer resolutions: A step-by-step guide
DigiSaathi is an automated response system that helps customers in addressing their banking queries related to cards, UPI, NEFT, RTGS, IMPS, e-wallets, ATM, mobile and net banking, etc
BUSINESS
Are you a movie buff? Five credit cards that enhance your cinema going experience
From buy-1-get-1 free tickets, discounts and cashbacks on money spent on purchasing movie tickets, credit cards have enticing offers for the cinema lovers.
MCMINIS
Should you apply for a credit card pledging your gold?
BUSINESS
Are you a frequent traveller? Here are five credit cards that offer hotel benefits
The travel season is upon us. Credit cards that offer travel benefits also offer benefits on hotel bookings, higher reward points, room upgrades, free stays and much more
BUSINESS
Mother’s Day 2022: Caught between kids and parents, Gen S mums have six financial lessons to learn
Mothers in the Gen S, or Sandwich generation, have to play the dual responsibility of caring for elderly parents and simultaneously planning for their children’s future. Managing finances and goals of two generations, besides your own, needs more meticulous financial planning
MCMINIS
How will the repo-rate hike affect home loans?
BUSINESS
Save Tax and Build Wealth: 10 banks that offer up to 6.75% interest on tax-saving fixed deposits
Small finance banks and smaller private banks top the FD interest rate charts on tax-saving deposits
PERSONAL-FINANCE
How is a gold-backed card different from a gold loan or a credit card?
Rupeek, a fintech lender, has launched a gold-powered card offering. Customers can just pledge their gold and use the card like any other
