BUSINESS
Digitisation and partnerships to drive credit growth beyond 2024
Today, the lending industry is strongly placed to truly innovate and cater to the needs of credit-starved segments, as with the spread of digitisation, distribution of credit across smaller cities and towns would get easier, and at lower cost.
BUSINESS
5 key triggers to watch for before selling your mutual funds
Redeem existing mutual funds only after you achieve the earmarked financial goals tied to those investments
BUSINESS
Why a joint home loan is advantageous for all applicants
All co-applicants of a home loan can independently avail tax benefits as per their contribution towards interest and principal repayment
BUSINESS
Facing a pay cut or job loss? Here’s how you must deal with money matters
For those who lost their jobs, closing any recurring or fixed deposit that is not earmarked for any specific goal would help shore up emergency capital
BUSINESS
5 investment mistakes that can derail your retirement plans
Not factoring inflation, taking inadequate health insurance and avoiding equities are some of the key mistakes to avoid
BUSINESS
Juggling several loans? Here’s how you must balance your debt repayment and liquidity
Always start with the loan charging the highest interest rate. Have an emergency fund that includes your EMI dues, too.
BUSINESS
Why taking loan against securities makes sense during rising stock markets
Banks generally offer up to 60 percent of the market value of the equity mutual funds used as collateral
BUSINESS
Signing as a loan guarantor? Here's how the liability affects your credit score
Whenever a default takes place, the lender can demand that the loan guarantor step in and repay
BUSINESS
To take a personal loan or borrow against a credit card? Here's how you must decide
The repayment tenure and the loan size must be the main deciding factors
BUSINESS
Feeling cash strapped? Here are 4 secured loan options that come at low rates
The lower credit risk of secured loans allows lenders to be lenient on credit score of applicants and also levy lower interest rates
BUSINESS
Loan against property: Interest rate and repayment tenure are key deciding factors
The loan amount can be used for children’s education, business expansion, new property purchase and medical treatment
BUSINESS
Bitten by the startup bug and want to quit your job? Secure your money matters first
A sufficient corpus to meet your regular expenses and EMIs, adequate term insurance and the ability to continue your investments are critical
