Shaktikanta Das, the governor of the Reserve Bank of India(RBI), gave the country’s banking system a thumbs-up, stressing the importance of banking sector regulation and supervision in light of recent developments in the US. “India has a well-regulated and well-supervised banking sector. The same would apply to the NBFC sector and other financial entities under […]
How about a chance to win a brand-new Toyota Fortuner 2.7G and one of the 10 iPhone 14 Plus through your money transfer to Pakistan? Yes. You read it correctly! ACE Money Transfer and Habib Bank Limited (HBL), one of the leading commercial banks in Pakistan, have joined hands for another exciting campaign to dole […]
However, insuring your vehicle gives you peace of mind and hence it is necessary to cover your EV under a third-party insurance. It covers all kinds of damage to you, your vehicle and third-party.
Until a few years ago, people used to borrow money from family and friends when they needed extra funds for various expenses. However, times have changed, and millennials now prefer securing instant Personal Loan to support their affluent lifestyle. With increased financial knowledge and repayment capacity, they often opt for a loan instead. Besides these […]
Prime Minister Narendra Modi’s signature move whenever he visits a foreign country, especially a developed one, is to galvanise non-resident Indians (NRIs). The soft power of NRIs has been turned into an important diplomatic chip by Modi, but his government is now also looking at their hard power — the money they send home to […]
Most banks have raised their home loan interest rates after RBI raised its repo rate by 25 basis points two weeks ago. The RBI raised the repo rate by 250 basis points between May 2022 and February 2023. The banks have transmitted almost all of the rate hikes or will do so soon. It means […]
Navigating the world of insurance can feel overwhelming and confusing. With so many different providers available and all kinds of coverage plans, it can be challenging to figure out which is best for you. Choosing an appropriate insurance plan doesn’t have to be complicated, though – there are a few key things to consider that […]
After retirement, the regular flow of income stops, and it impacts an individual’s financial health. Investing in fixed deposits is a great option for senior citizens to secure their future. It is important to minimise risks and ensure a guaranteed return when it comes to investment for older people. In old age, you cannot take […]
Investors have a lot of faith in banks, brokers, and other financial institutions that provide them with investing and stock ownership services. When an investor opens a Demat account, for example, they believe they are entering into a financial relationship with the best services available, which is not always the case. For example, when an […]
A credit card statement is an essential document for credit cardholders. The primary purpose of this document is to provide a detailed summary of all the transactions associated with the respective credit card. It includes the purchases and payments made by the credit cardholder. Additionally, it acts as a fall-back document in case of a […]
