Gifts for loved ones, spending on yourself on impulse buying on EMIs and credit cards can leave your financial health completely stressed by the end of the year, says Harshala Chandorkar, Senior Vice President -- Consumer Relations, CIBIL
Meanwhile, outlook for global emerging markets remained relatively weak in September.
Avoid these at all costs or there goes your dream of owning a house.
RBI kas hiked short-term lending (repo) rate by 0.25 per cent to 7.5 per cent.
Terming the 23.9 per cent fall in economic growth in the June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action. The current crisis requires a more thoughtful and active government, he said, adding, "Unfortunately, after an initial burst of activity, it seems to have retreated into a shell."
A mortgage is a great responsibility that you must bear on able shoulders for a long period of time. If you already have a mortgage or are planning to avail of one soon, you are obviously confident of your finances, but a few tips to save money on your home loan couldn't hurt, right? Read on to find out more!
Until your home loan is sanctioned, some silly mistakes on your part before making the first move can derail the most important goal of your life.
The finance minister asked lenders to identify eligible borrowers and reach out to them and urged for quick implementation of a sustained resolution plan for the revival of every viable business.
There were nearly 4,000 cabin crew with Jet when the airline was grounded; every fifth remains without a job to date. One cabin crew member with 10 years of experience has been forced to take up a teaching job; some have branched out into small businesses. Aviation jobs were scarce even before the Covid-19 pandemic arrived on Indian shores in early 2020. The situation has been exacerbated since.
'During the pandemic, thousands of IT employees have lost their jobs.' 'Many of those who still have their jobs fear that they will lost it any moment.'
Smart home loan is a product which combines the home loan with your current or savings account.
Here's how you can ensure you have enough in your kitty and be in command of your finances.
The 1,14,000 affected vehicles will be repaired free of charge at GMI's 280 dealers, the company said.
With banks offering competitive interest rates, no processing fees, EMI waive offs, cash backs and an additional deduction of Rs 1 lakh on interest amount, home loan customers need to make merry
Standard Chartered Bank, which has completed 10 years in credit card business in India, has introduced an equated monthly instalment card.
The outbreak and lockdown have thrown up a number of challenges, such as layoffs, pay cuts and a general slowdown. Many subscribers after their unsuccessful attempts to use the scheme have taken to social media to voice their complaints, as the EPFO website and grievance portal suffer outages and its customer helpline remains unreachable.
'You cannot start an MSME again.' 'It is not like a Yes Bank that someone comes and saves the bank.' Once the shutter is down for an MSME, nobody will come to its rescue.'
HDFC charges 9.85 per cent for women and 9.9 per cent for others.
Simple tips to achieve your life's financial goals
Blackberry is hoping that the pricing and the physical QWERTY keypad can turn out to be the peculiar traits to revive its fortunes in India.
'The pay cuts have been very tough on those with entire families to support.'
'The young middle-class Indian is more concerned with Birkins and bikes and the EMIs on a new home and travelling abroad than politics,' novelist Shobhaa De tells Rediff.com's Savera R Someshwar and Vaihayasi Pande Daniel.
'Opt for this facility only after doing a cost-benefit analysis: Will the savings in interest cost by parking your surpluses in the home loan overdraft account outweigh the higher interest cost of this loan?'
Bumper liquidity as a result of global central bank stimulus measures should prevent a sharper downturn.
Duly paying your education loan installments on time, each month, is the best thing that could be done to maintain a good CIBIL TransUnion Score.
Instant approval, no due diligence, conversion to easy-to-pay EMIs, nominal processing fees are some of the reasons why credit card loans are better
BRIC economies improved slightly on the previous quarter.
Acute cash crunch and dwindling sales has forced developers in Ahmedabad to try innovative ways to lure buyers.
Though the level of gloom about the future business outlook moderated among the big-four emerging market economies, Indian counterparts are the most confident.
Drivezy is helping people share their vehicles.
'Business will be 20% of what it was before the lockdown.'
Auto sector cheers RBI rate cut as 'festival gift'
As campaigns against Chinese brands intensify and the virus keeps people indoors, Vivo plays it slow with a digital-first launch plan.
In an affidavit filed by Union finance ministry on behalf of the Union of India, it said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.
Most borrowers of loans against property pin hopes on future cash flows from their business, but in case of failure to repay the loan, the lender can repossess the property and sell it.
'It is crucial to understand that the ultimate goal of your investments isn't to pay lesser tax, but to create long-term wealth for you and your family,' says Satyen Kothari, founder and CEO, Cube Wealth.
Paying higher EMIs on your home loan? Don't fret. Here's a simple way to get lower interest rate on your home loan.
