Nov 25, 2022 11:43 AM IST

Foreign banks hike FD rates for select tenures; check details

Foreign banks are offering a higher rate of interest compared to leading private and public sector banks. These banks are offering interest rates as high as 7.25 percent.

Credit Card Review | Tata Neu-HDFC Bank credit card has offers galore for Tata loyalists

The co-branded cards are aimed at fans of Tata brands, offering maximum benefits to users of the Tata Neu app for shopping.

Save Tax and Build Wealth | These banks offer up to 7.25% interest on tax-saving fixed deposits

Small finance banks and smaller private banks top the FD interest rate charts on tax-saving deposits

Want to travel now, pay later or TNPL?

Personal loans | Banks that offer the lowest interest rate on a Rs 5-lakh loan

Bank of Maharashtra, Bank of India and State Bank of India offer interest rates between 8.9-10.55 percent on personal loans

How to make the most of fixed deposits in 3 easy steps

Fixed deposit ‘laddering’ is about dividing your FD investments and spreading them over multiple smaller FDs with different maturity periods.

What are slippages in banking?

Indian banking sector robust, investors should stay invested: Emkay's Krishna Karwa

Apart from the financial services sector, Karwa believes digital manufacturing also seems to be performing well with the capex cycle picking up and recommends investors to further invest in the sector.

Open banking: A new era of financial inclusion

As India Stack’s unique approach to creating extensive public digital infrastructure pushes the adoption of digital services, it is also laying the groundwork for an open banking revolution

Applying for a home loan? How sanctioned amount is different from disbursed amount

Can a home loan borrower avail a loan for less than the sanctioned amount? Can a home loan get rejected after the bank has issued a sanction letter? For answers to these and many other issues that home loan borrowers should be aware of, read on.

Senior Citizens FD rates | Banks that offer up to 8% interest on three-year FDs

Senior citizens should prefer investing a part of their savings in FDs which offer liquidity and ensure interest income periodically

A loan or liquidating your assets? What to do when you need cash?

While being loan-free, no doubt is the best thing, people have different requirements and different circumstances. It’s always better to do an objective cost-benefit analysis before you decide which path to take.

Planning for year-end holidays? These credit cards offer travel goodies

Even if you can't afford an international holiday during the year-end and Christmas peak season, there's plenty to look forward to domestically. Many credit cards offer airport or railway lounge access, discounts on travel-related purchases, and rewards or air miles that can be redeemed against flight bookings

India may dominate the world, done a lot of heavy lifting: Morgan Stanley's Desai

Desai also believes that India could account for 20 percent of the growth that world will generate over the next 10 years.

Beware of fake loan offers during festival season

What is re-KYC?

Loan against property: Scout for reasonable interest rates, easy repayment terms

Your property can be used to get a loan. But make sure you are not being charged a high interest rate. Loans availed by mortgaging your property can be used for any purpose, just like a personal loan. But unlike any loans, be ready for a bit of a delay as your bank will undertake a thorough evaluation of your property and decide your eligibility amount. A healthy credit score helps.

Six changes in the financial landscape this November

From an unscheduled RBI meet that may lead to an increase in home loan interest rates, to higher fees on card transactions, a lot is happening in November. Here is what you need to watch out for.

Punjab National Bank, Bank of India hike lending rates

City-based PNB hiked MCLRs across tenors by 30 basis points, while BOI raised the same by up to 15 basis points.

Banks hike FD rates on select tenures; pick one that suits you

Banks big and small are trying to attract investors by offering higher interest rates — as high as 7.7 percent — but for a limited period only.

Why are banks scrambling for deposits?

Cheapest car loans: Banks that offer the best deals this Diwali

Central Bank of India and HDFC Bank offer the lowest rate of 7.9 percent on car loans. State Bank of India, too, is on the cheapest lenders' list with an interest rate of 8.05 percent

Use Diwali bonus to prepay your home loan and become debt-free sooner

If you pay EMIs on multiple loans, it makes sense to use your Diwali bonus to pay off your credit card and unsecured loans first. Your home loan should come next. But there is also a way to become debt-free sooner without waiting for your Diwali bonus.

Use laddering strategy to invest in fixed deposits

What is a loan write off?