In today’s dynamic economic landscape, accessing credit facilities has become an integral part of financial planning for individuals. One such credit instrument that has gained popularity among Indian consumers is the gold loan. Gold loans provide an excellent avenue for meeting short-term financial needs. The loan comes with flexible tenure and can be disbursed quickly,
Tax season is dreaded by many, and filled with fear of the unknown tax bill. For those that are unable to settle their total unpaid taxes in one lump sum payment or need assistance navigating annual IRS deadlines, tax loans can be a practical and smart solution for dealing with unexpected financial obligations due to
Are you considering an EV car as your next vehicle? The insurance is more expensive for EV cars than an ICE vehicle. Automobiles are headed in an electric direction. While they may cost a bit more initially, EV can also save money over a longer period of time compared to vehicles that run on petrol
Investing in mutual funds can be an excellent way to start your journey towards building wealth and achieving your financial goals. Mutual funds offer a diversified portfolio of securities managed by professionals, which makes them a popular choice for investors. In this blog post, we will provide you with valuable tips to help you get
For a fixed tenure, fixed deposits (FDs) offer guaranteed returns. For safety, stability, and guaranteed returns, senior citizens prefer fixed deposits (FDs). Apart from providing fixed returns, they are easy to understand, offer liquidity options, and may offer tax benefits in some cases. FD rates as well as interest rates have gone up in the
June 27, 2023: IDFC FIRST Bank, today announced raising Rs. 1,500 crore of Tier-2 bonds in domestic Indian Bond markets. These privately placed Bond are issued as unsecured, subordinated, rated, listed, non-convertible, fully paid-up, taxable, redeemable Basel III compliant tier-2 Bonds (in nature of debentures) at a face value of Rs 1 crore each and were raised
In times of financial crisis or unexpected expenses, having access to rapid financial assistance can make all the difference. Whether you’re facing a medical emergency, unexpected bills, or a sudden job loss, knowing your options for obtaining quick funds is essential. This comprehensive guide will walk you through various avenues for obtaining rapid financial assistance,
The Reserve Bank of India (RBI) said on Thursday that half of India’s ₹2000 bank notes are now in banks. In contrast to the demonetisation of 500 and 1,000 notes earlier, these banknotes remain legal tender until September 30, even though they were removed by the RBI on May 19. As of March 31, there
A number of eminent economists believe the Reserve Bank of India’s Monetary Policy Committee (MPC) will decide to pause interest rate hikes later this week. As a result of cooler inflation, the RBI Governor Shaktikanta Das-led panel is expected to maintain the repo rate at 6.5%. According to the CPI, retail inflation in April was
In the developing world, convenience and accessibility are key factors people consider when it comes to banking. The days are gone when you have to physically visit a bank branch, fill out lengthy forms, and wait for approval before opening a bank account online. With the use of technology, the process of opening a bank
