BUSINESS
Account aggregators go live: Here’s how customers can share financial data with banks
The account aggregator does not store or save any data transmitted between financial information providers and users
BUSINESS
Festive spending: Should you opt for the no-cost EMI schemes offered by major banks?
This festive season, banks are partnering with Flipkart, Amazon and offline retail stores with lucrative schemes on cards for customers. But are these really no-cost schemes?
BUSINESS
Govt announces compound interest waiver on moratorium loans — here's how it will affect borrowers
Although the government has finally announced its scheme on waiving interest on interest on moratorium loans, the relief to small borrowers is minimal. You will still need to pay your principal and original interest.
BUSINESS
IMPS limit raised: How to choose the best mode to transfer money between NEFT, IMPS & RTGS
Based on the speed of transfer, value of the transaction and other factors, you should decide the mode of transfer
BUSINESS
Use a Will to gift your property, or you may end up being homeless
To save stamp duty and time, some transfer properties through gift deeds. But parents must ensure that gift deeds are water-tight
BUSINESS
How Google Pay allows you to make purchases without your credit card
Google Pay allows you to make payments through secure digital tokens
BUSINESS
We advise against loan restructuring if customers can afford to pay: Federal Bank
Loan restructuring could impact their interest costs and credit score
BUSINESS
Mis-selling: Is your bank asking you to pledge gold to save on locker rent?
Customers fall into this debt trap by giving up the locker facility and taking a credit line from the bank
BUSINESS
The pros and cons of paying credit card bills through third-party mobile apps
Stay alert to breach of financial data and when you redeem cashback offers while shopping from partnering merchants
BUSINESS
All about the loan restructuring schemes of SBI and HDFC Bank
You will have to bear an increased debt burden for up to two years if you opt for restructuring
BUSINESS
Gold loans: How to choose between the regular EMI option and overdraft facility
Taking an overdraft facility means that you do not get a lump-sum amount at the start
BUSINESS
Took a gold loan? Here are 5 ways to repay
Making principal repayments during the loan tenure would reduce interest costs
BUSINESS
SBI Card dues restructuring plan: Should you apply for it?
The plan involves converting the existing credit card dues into a term loan
BUSINESS
All about doorstep services offered by public sector banks
You can register for doorstep banking service through your bank’s mobile application, website or call centre
BUSINESS
Customers are investing more in FDs despite lower interest rates: DCB Bank
Retail investors now have fewer avenues to spend, due to the lockdown. So, there has been an increase in savings
BUSINESS
What you need to know about taking a gold loan
How is the value of ornaments calculated, which lenders are the best and all the important questions answered about taking a gold loan
BUSINESS
We expect increased defaults on home loan EMIs: Sovan Mandal of IMGC
As per the latest data available, 26 per cent of our customers are in the moratorium phase
BUSINESS
How the UPI AutoPay feature can help you manage all recurring payments
With this feature, consumers can set up auto debit instructions on their UPI mobile applications from their linked bank account
BUSINESS
Explained | How BHIM UPI users can record complaints online
The response to your complaint will be mailed to your registered email ID by the customer support team
BUSINESS
Struggling to pay your child’s school fees due to salary cuts? Here are some options
Some schools have stepped forward to offer financial relief to parents who’ve faced job losses or salary cuts
BUSINESS
Explained: All you need to know about zero-balance savings accounts
You have the right to withdraw the entire funds any time and can maintain zero balance in this basic savings account
BUSINESS
COVID-19 lockdown: Opening a fixed deposit online made easy
Net banking and mobile apps make the entire process easy and smooth
BUSINESS
Beware of online frauds while going digital during the pandemic
Fraudsters target vulnerable customers through random calls and messages
BUSINESS
Do you know how much your bank charges and penalises you? Read on
These charges can nibble away at your bank balances
