Credit is relevant in the short run but what actually matters is productivity in the long run.
Credit bureaus have become a weapon banks wield even against a consumer who deserves much better.
Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.
Let not the smartness be confined only to your phone... Transfer it to borrowing too! Here's how
Documents such as PAN card, Aadhaar card, I-T return papers, which are used for KYC, can get leaked from a number of sources. Other prominent sources are the direct sales agents and photocopy shops, say Sanjay Kumar Singh.
Some simple tips can help you in better understanding of your CIBIL Report.
The meagre salary and the thankless nature of the job discourages applicants from joining the IB, says Vicky Nanjappa.
In order to cripple and check the activities of wilful tax defaulters, the Income Tax department has decided to "block" Permanent Account Number (PAN) of such entities, get their LPG subsidy cancelled and take measures to ensure that they are not sanctioned loans.
Following are certain important things that lenders consider while processing loans to self-employed...
Understand the finer points before signing on the dotted line as a guarantor
The Central Bureau of Investigation (CBI) on Wednesday told a special court here that it received a sanction from the ICICI Bank's board to prosecute Chanda Kochhar, the former CEO and MD of the bank, in connection with a case of alleged cheating and irregularities in loans sanctioned by the bank to Videocon Group companies. The probe agency, represented by special public prosecutor A Limosin, told the court that the board of ICICI Bank in a resolution passed on April 22 this year gave its sanction to the prosecution (against Kochhar), accepting that there seemed to be quid pro-quo.
Consumer loans or personal continue to record the highest fraud incidence.
The RBI, according to the source, wants details on the procedure followed for credit appraisal by the bank while giving loans to Videocon.
Wilful defaulters will not be allowed to take up board positions in any company.
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
With Lok Sabha elections months away, the visits are vital politically as these would showcase Modi's standing as a world leader to the home electorate.
Here's the formula and it is not too difficult to implement.
Rajiv Raj tells you about some easy financing options to deck up your home
Here are six New Year Resolutions which will definitely help in achieving your financial goals in the long run.
'For the first time, all major countries are discovering India's indispensability to their own foreign policy interests.'
Consider these six things before going crazy on the big sale war between Flipkart, Amazon and Snapdeal!
The national flag will fly half-mast on the day of the funeral in Delhi.
Follow these 6 Cs of building good credit and your lender will never disappoint you!
A dream home can be closer to reality if you live a financially disciplined life. All that it takes is to make smart moves at the right time in your life and career.
Do you know that your application can get rejected on account of a not so perfect CIBIL score?
By implementing these simple ideas you will not only have saved a lot of money, but ensured that you do not find yourself in a pile of credit card debt or have thrown your monthly budget out of gear.
As you spruce up for Dussehra puja this year, we have a suggestion for you! How about looking at your finances in a whole new way?
The wise pay their taxes on time and plan for it before time. That does not mean one has to necessarily go through the big fat books on taxes! Knowing a couple of hacks for saving tax can have it sorted for you.
After arriving in Kedarnath, Modi watched a brief documentary detailing the reconstruction work carried out at the Himalayan temple after the devastating deluge of 2013 and then entered the sanctum sanctorum of the shrine.
2016 has just begun and the first festival of the year is already here. Makar Sankranti it is! On this occasion let's think about how to get our kites and CIBIL scores to soar high
Do not panic if you have a poor credit score. Do not live with the fear of having an important loan rejectd by the lender because of a poor credit score. Here's the solution for your woes
Chinese President Xi Jinping, who kicked off his India visit on Wednesday from Gujarat, visited the Sabarmati Ashram of Mahatma Gandhi in Ahmedabad where Prime Minister Narendra Modi gifted him a copy of the Gita written in Chinese language.
Here are five things that fraudsters are likely to say or do that should set the alarm bells ringing in your head.
We love a leader who oozes authority and firmness, notes Virendra Kapoor.
Few right moves and you can improve your credit score real fast
If you have a CIBIL score that is below the satisfactory level of 750, make a resolution this day of spring to enhance your CIBIL score. Here are some ideas that will give your CIBIL score a boost.
The legislator was taken into custody under provisions of the Prevention of Money Laundering Act after he was detained by agency officials from a public meeting he was holding in Malerkotla, they said.
A six-point checklist to follow when lenders reject your home loan application.
If you are one of those who is now staring at your credit card bill and wondering how to go about it, here is the way out.
