Those who have binged on credit must spend less, cut discretionary expenses, and focus on repayment.
Largecap equity funds remain suitable for conservative and moderate risk-taking investors seeking relatively stable returns.
After two years of strong gains, smallcap stocks fell sharply in 2025, but the correction may be setting up opportunities for long-term investors.
Premanand first lodged a complaint with the National Cybercrime Reporting Portal (NCRP) and later approached the local police, who registered the FIR under Sections 318(4) (cheating) and 319 (cheating by personation) of the Bharatiya Nyaya Sanhita, and Section 66D (cheating by personation using computer resources) of the Information Technology Act.
Has your personal loan, or home loan, or car loan been rejected off late despite having cleared all your previous bank dues? Perhaps it's your faulty credit report at work. It's about time you know how to get it corrected.
A new report indicates a decrease in international student enrolments in US colleges, but India remains the top source of international students.
As he is laid to rest, Indian cricket bids farewell to one of its greatest administrators -- a visionary who understood that breaking monopolies and building stadiums were about the same thing: Giving millions of cricket-loving Indians the infrastructure worthy of their passion.
Axis Bank reported a sharp drop in net profit in the second quarter of financial year 2026 (Q2FY26) on higher provisions and weak operating profit growth while revenue growth was moderate. But loan growth and deposit growth improved to double-digits year-on-year (Y-o-Y) and asset quality also improved with the gross non-performing loan or NPL ratio moving down.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
What is your credit rating and why is it important? Read on to find out...
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.
These losses increase insurance premiums for customers and reduce insurer margins on the other.
An error does not become a mistake until you refuse to correct it. Errors in your CIBIL credit report can become costly mistakes if you do not rectify them in time. So next time you get your CIBIL report, do not just see the score and tuck it away.
'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'
Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25). The Nifty PSU Bank index was down 4 per cent, with Union Bank of India emerging as the biggest loser as its shares fell 7.5 per cent to close at Rs 114.7, followed by a 5.7 per cent drop in shares of Bank of Baroda (BoB) to Rs 228 and a 4.7 per cent slide in shares of Bank of India to Rs 99.8 on the National Stock Exchange.
While you can always correct them, the sooner you do it the better it is for you, says Sanjay Kumar Singh
The new US national security strategy signals a retreat from global dominance while reaffirming continuity in India's role in Indo-Pacific security and Quad cooperation, points out former foreign secretary Shyam Saran.
Public sector banks have written off loans worth Rs 6.15 lakh crore in the last five and a half years, Parliament was informed on Monday.
'The photographs showcase the different emotions of India and power of faith. For someone who couldn't visit the historic event, the pictures take me there.'
Naqvi assured Siriwiratnay that the visiting team players and officials were state guests in Pakistan.
Public-sector banks (PSBs) are attracting the attention of investors and the PSU Bank Index has gained nearly 10 per cent in the past month. PSBs have seen return on assets (RoA) climbing to 1 per cent in 2024-2025 (FY25) and margins are believed to have moved up further in the first half of this financial year (H1FY26) with asset quality remaining stable.
The Securities and Exchange Board of India (Sebi) on Wednesday overhauled the cost framework for the 80 trillion domestic mutual fund (MF) industry, introducing a simplified structure aimed at improving transparency for investors while balancing the impact on asset managers.
Use these loans to meet emergency needs, and not to fund holidays or luxury purchases.
ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).
Young earners with high incomes and few responsibilities can save more than 30 per cent, while those with low salaries and high expenses may save less.
Williams, Bharti join camp, signalling new chapter for Indian football
A credit report is an accumulation of all your loan accounts, loan repayment history, and delinquencies, if any.
'Do exhaustive research and then select the one that best fits your budget and requirements.'
Prime Minister Narendra Modi criticized the Congress party for allegedly neglecting the tribal community's contributions to India's freedom struggle during its 60-year rule. He spoke at an event marking Janjatiya Gaurav Divas and inaugurated development projects for tribal communities.
Indian Army on Sunday extended condolences to the family of Tashi Namgyal, the Ladakhi shepherd who is credited with alerting Indian troops about Pakistani infiltration during the 1999 Kargil conflict.
Investors can meet cash needs without selling their securities.
The Insurance Regulatory and Development Authority of India (IRDAI) is considering a proposal to make insurance frauds a parameter for calculating credit scores in an attempt to put a lid on the increase in such activity. The proposal, which is a part of the recommendations made by a working group formed by Irdai and the General Insurance Council, suggests that insurance frauds should feature when the risk profiles of individuals are evaluated and should be used to calculate their credit scores. A poor credit score can deprive a person of financial services such as loans and credit cards, and deter him from indulging in fraud.
Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.
The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.
Do not shop around for loans immediately after getting a secured credit card. Such loan enquiries can also pull down credit score, as they are treated as a sign of credit-hungry behaviour.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive, secure, and scalable Digital Public Platforms (DPPs), Reserve Bank Governor Sanjay Malhotra has said. He was speaking at a "High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms" organised by RBI on the sidelines of the Annual Meetings of the World Bank and International Monetary Fund in Washington, DC on Tuesday.
There are many advantages if you have a good credit score. You can get loans at lower rates of interest particularly for unsecured loans like personal loans.
