The 35 BPS rate hike by the RBI – the fifth consecutive rate hike this year – comes as no surprise. With repo rates now at 6.25%, there may be some repercussions on housing uptake. This hike will undoubtedly push up home loan interest rates, which had already crept up after four consecutive bps rate […]
Startup Atomic is dedicated to creating transparency in the finance industry. They have created a low-cost, ETF-based index that is designed to blow up the $8 trillion ETF industry. For decades, ETFs have been the most popular way for investors to own bundles of stocks in a way that is both tax efficient and straightforward. […]
Investor confidence in Indian real estate is increasing steadily on the back of improvements in the Indian economy despite global headwinds and the continued robustness of its real estate industry. PE investments registered an increase of 40% in 1H FY23 as compared to 1H FY22, reports ANAROCK Capital’s FLUX – H1 FY23 edition. The Top 10 […]
An individual’s credit score is crucial to get an instant Personal Loan approved quickly without hassles or CIBIL Score. However, some individuals in India may assume that CIBIL score and credit score are the same. A good credit score is a parameter you need to satisfy to meet the eligibility criteria for a loan. But, […]
It is an established fact that the real estate industry is the heart that drives a country’s economic progress. A relatively new fact is that affordable housing is the oxygen that can keep the sector running. As suggested in the name, affordable housing generally refers to housing that is deemed reasonably priced for those with a household […]
With the inflationary pressures evident across the world, many countries have seen back-to-back interest rates hikes in the recent past. India is closely knit to the global economy and had to take remedial actions to control inflation, which is driven by domestic as well as global factors. In the wake of a surge in crude […]
OneScore, India’s leading tech-based credit score monitoring platform, which enables one to keep a regular check on their credit health, disclosed the results of a study conducted among more than 9 million users on OneScore’s platform across the country. According to this report, more than 46% of millennial and Gen Z users reported an improved […]
Since travel has resumed after the covid lockdown, people in India are spending a lot on travel. In fact, most of them continue to spend on travel and hospitality by swiping their credit cards. India’s credit card spend on travel is increasing month by month. New data released by the Reserve Bank of India reveals […]
The housing market is a significant part of the economy in India, especially given its large population. The demand for new housing comes with the increasing demand for affordable loans. Lending institutions like state-owned banks account for over 60% of the credit provided, while privately owned banks have been able to grow their share by […]
We have in this study examined financial performance of 3180 companies (excluding financial companies) and noted the trend in interest coverage ratio defined as Operating profit to Interest. This indicator reflects the comfort level of companies in debt servicing. Some interesting results: In response to falling interest rate cycle, interest coverage ratio of companies has […]
