Make minimum payments on all debts, then use extra funds to tackle the smallest debt first.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
If you disregard history and are ready to watch Kesari 2 purely as an entertainer, you are definitely going to enjoy it, feels Utkarsh Mishra.
A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
The visitor returns not just with the jewel-like beauty of the country imprinted on the mind, the body rejuvenated by hot stone massages, but also with the captivating stories and myths that are built into every important structure -- whether a tourist magnet or an off-the-beaten track spot.
Stopping SIPs during a downturn undermines the benefit of rupee-cost averaging.
The Cibil TransUnion Score 2.0 will grade customers on a risk index ranging from 1 to 5, with 1 denoting the highest risk and 5 the lowest risk of default.
England captain Jos Buttler says he and his team-mates are saddened by the plight of women in Afghanistan.
RBI cuts GDP growth projection to 6.6 per cent for current financial year, from earlier forecast of 7.2 per cent.
'When interest rates rise, the NAVs of these funds will fall.' However, they won't fall as much as longer-duration funds.
The performance of banking and information technology (IT) stocks has had a significant impact on the composition of diversified mutual fund (MF) portfolios. Over the past two months, these sectors have become increasingly dominant, now constituting nearly 30 per cent of the total allocation in many diversified MF portfolios.
Using credit or debit cards abroad can prove costly.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
Microaggressions may be subtle but their impact is deep. If ignored, they can lower morale, stifle diversity and hold people back, says Shruti Swaroop.
The country's largest private sector lender HDFC Bank on Saturday said it will grow its loan book slower than the industry in the current financial year (FY25). The move comes as the lender looks to bring down its elevated credit - deposit (CD) ratio to pre-merger levels. "We will bring down the CD ratio faster than what we had anticipated.
Some online fraudsters got their target and timing horribly wrong on Sunday after they attempted to 'digitally arrest' a senior police official with an automated call over 'credit card misuse' while he was addressing a press conference in Indore in Madhya Pradesh.
'Don't play the American game... India is too big for a US game.'
Most companies inform the employees upfront about the background checks that would be carried out. And a clause is included in the appointment letter of the employees that the final decision will be subject to the results of background verifications.
Here's why it happens and how you should avoid it.
Technology giant Apple has informed its customers in India that it will no longer store their card information on file and will not be accepting payments made by debit cards and credit cards for purchases or subscriptions on the App store or other Apple services. The decision has been taken by the US-based company in view of the Reserve Bank of India's (RBI's) card data storage guidelines, which will kick in from July 1. The deadline for implementing these norms was extended twice.
Enhancing your credit score is the key to improving loan eligibility and securing a favourable interest rate.
A bad credit score in general is seen as an irresponsible behaviour of an individual. Inability to pay on time reflects that the person is not capable of take care of things.
Banks, through the Indian Banks' Association, have urged RBI and credit information companies to maintain a database of wilful defaulters.
Chennai Super Kings batsman Rachin Ravindra attributed their comprehensive victory over Mumbai Indians to the team's spinners, particularly the leadership of Ravichandran Ashwin. Ravindra highlighted the depth and balance provided by the spin attack, which ensured they could handle any off-days from individual bowlers.
The accident took place at around 5.50 am on Wednesday, when Saini, 68, was riding a bicycle along with fellow cyclists on the Palm Beach Road in Nerul area, an official said.
The Gujarat High Court dismissed a plea filed by journalist Mahesh Langa seeking the quashing of an FIR registered against him for allegedly stealing "highly sensitive and confidential documents" belonging to the Gujarat Maritime Board (GMB). The court found that prima facie, Langa's involvement in the crime was evident from the evidence collected during the investigation. The court further stated that the investigation is at a nascent stage and it would be inappropriate to exercise its inherent powers in favor of the petitioner at this stage.
'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'
Each partner should discuss retirement accounts, property owned prior to marriage.
rediffGURU T S Khurana answers readers' personal income tax queries.
If you do not overspend, we advise you to get yourself a credit card. It will open up a whole new world of benefits.
'Parents are forced to provide their children to Russian re-education camps in occupied territories and in different parts of Russia, for example, in Chechnya, where Ukrainian children wearing military uniform are taught to use weapons.'
If the cashless request is denied, the entire cost may need to be paid for planned treatments.
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
The narrative on China is changing post the recent stimulus measures, and it will be hard for global investors to ignore the Chinese markets.
The April-June quarter (Q1) of the current financial year (FY25) may be soft for banks with loan growth moderation, net interest margin (NIM) pressures, and higher staff and credit costs inching up, according to analysts. Credit growth could ease due to the lagged impact of the Reserve Bank of India (RBI) tightening and deposit growth has weakened, and the current account and savings account (CASA) ratio has declined 10-370 basis points (bps) quarter-on-quarter (Q-o-Q) for many banks.
SBI Life Insurance reported a weak performance in Q2FY25. The annual premium equivalent or APE grew 3 per cent year-on-year (Y-o-Y) to Rs 5,390 crore. For the first half of financial year 2025 (H1FY25), it grew 9 per cent Y-o-Y to Rs 9,030 crore.
The investigative arm of MRTPC has alleged flagrant flouting of the November 2005 RBI guidelines on credit cards by commercial banks like ICICI, HSBC and Citibank.
The Reserve Bank has asked banks not to levy any late payment penalty on credit card customers till 3 days after due date.
