This section will contain all general and other articles
Need for Credit Score When lenders offer loans to borrowers they have to ascertain the veracity of claims made by borrowers of their earnings and other credentials. It becomes difficult for lenders to check the authenticity of the claims made. This assumes humongous proportions when thousands of borrowers apply for various types of loans. In […]
Every year, Hindus and Jains celebrate the festival of Akshaya Trithiya during the month of April. The festival signifies prosperity, joy and happiness. People believe that by starting any new venture such as investing money or buying assets on this day can result in great success. That’s why, many people buy gold on this auspicious […]
In modern times, cards are widely used and are highly beneficial. However, if you are not smart about credit card usage, you may find yourself in financial trouble. Here are five tips to help you manage your cards smartly. Make the full payment on time Credit cards eliminate the need to make cash payments for your […]
Dear Ladies, Do something today so that I can’t thank you enough. With love, Your Future Self Your checklist should include having enough funds to secure your future. Building wealth is a long journey with many pit stops and obstacles along the way. So, if you want to reach your destination of achieving financial freedom […]
Anything you can do, I can do better. I can do anything better than you…… This song from 1946 Broadway musical perfectly explains the battle of the sexes. As opposite as the two genders are, both have different approach to everything, including investments. While men invest fearlessly, women are more conservative in their approach. However, […]
A Personal Loan can help you fulfil your life dreams with ease. These could be a gala wedding, or an exotic vacation, or both! Non-banking financial companies (NBFCs) offer such Personal Loans. You can enjoy those special moments and repay the loan in easy equated monthly instalments (EMIs). But first, it is important to understand […]
Plastic money offers a number of benefits to the consumers. Earlier considered as a privilege of the affluent few, it has now become a form of currency accessible by one and all. Available through several banks in the country with a minimal joining fee, a credit card has lent a practical approach to work around […]
India is on a growth trajectory, and as per a report from Boston Consulting Group (BCG), India is set to become the third largest consumer economy by 2025, trailing behind US and China. One of the factors that have triggered this growth is the widespread penetration of technology, changes in consumption behaviour, etc. Irrespective of […]
Mandar and Rati Sharma are the talk of the town. To celebrate their 40 years of marriage, Mr. and Mrs. Sharma went to London in December 2017, a cherished dream they had since the early days of their marriage. What was out of the ordinary, and what piqued the interest of neighbours, was the fact […]
Evolution is pervasive and never-ending. There were times when vendors only had to bother about the right item in the right quantity to be able to sell profitably. With the changing times, sales became more and more challenging due to increasing competition in terms of quantity as well as the quality of sellers. Vendors have […]
Small but regular investments have been the most reliable mode of savings since decades. As a kid, you may have put away the small change in your piggy bank as frequently as possible. As a grown-up it is recommended you continue the same habit. The challenge, however, is, putting small change aside in a piggy […]
Equity investments are one of the most lucrative long-term investment options available in the market. However, they are highly risky as prices tend to remain very volatile. Like any other financial instrument, stock market investing aims to earn returns by buying at lower prices and selling when the prices rise. However, unlike commodities, you cannot […]
You often hear people say that it is the journey, not the destination that matters. And the journey to your destination is always sweeter if you are travelling in your dream car. But, a dream car shouldn’t remain a dream if you plan your finances aptly. Let’s see how: The journey routes for buying a […]
Are you planning to get a credit card? Or have you already got one, but have no idea what to do with it? You have come to the right place. So let’s start with the basics. Credit cards have been around for a long time and they are a very convenient means to make payment. […]
India is perceived as the most exciting market by major brands and global conglomerates. Whether it’s for shopping, education, or employment opportunities; the country and its people present a promising picture. As the country grows, so do the aspirations of its people. Changing aspirations now include pursuing higher education from an institute of global repute, […]
Demonetisation: Push towards digital banking On 8th November 2016, Prime Minister Narendra Modi’s Government announced demonetisation decision. In one stroke it was declared that 86% of the country’s currency (Rs. 500 and Rs. 1000 notes) will no longer be valid legal tender. To banks and other financial services companies who were promoting digital transactions; this […]
Easy money is never easy to get your hands on, or else everyone would be rolling in cash at all times. However, with good fiscal responsibility, history of being able to repay a loan taken earlier and other documents in place, you could get easy money in the form of a personal loan to meet […]
As per the new RBI rule, all the credit bureaus of India including CIBIL, Highmark, Experian, etc. have to provide one free credit report per individual per year. Although the credit users are free to get additional credit reports afterwards, they will have to pay the applicable charges set by the credit bureaus. Now, what […]
On April 1, 2016, many Indian companies began phasing out older accounting standards known as Indian Generally Applied Accounting Principles (GAAP) in favour of Indian Accounting Standards (Ind AS), which are more closely aligned with International Financial Reporting Standards. The move is meant to make global comparisons easier and improve transparency and disclosures, thereby boosting […]
In this article, we explore i2ifunding, a P2P online lending platform through which you can give loans to individual borrowers just like what banks / NBFCs do. But the difference is you can get up to 100% principal protection against loan default by the borrowers. Lack of investment options If you are looking to invest Rs. 50,000 […]