[ad_1] In everyday life, we often use the terms credit score and credit report interchangeably to describe the evaluation issued by a credit bureau regarding our creditworthiness. While both serve as tools for lenders and financial institutions to assess an individual’s or business’s creditworthiness, they refer to two distinct aspects of credit evaluation. A credit…
[ad_1] India is a rapidly growing economy, an economy that needs consistent credit to continue on its path of building infrastructure, roads, planning on future education, health management along with other crucial economic projects. Now, in such an environment the nation has witnessed the distribution of personal loans on a large scale. All of such…
[ad_1] Personal loans: When you apply for a personal loan, it is important that you aim to get it at the lowest possible rate of interest. What will you do to make that happen? It is imperative to apply for a number of financial institutions and get the best possible deal. Here, we explain a…
[ad_1] The summer season is here. Many of you may be planning to head to the hill stations for a family vacation to escape the scorching heat. What if you could enjoy a free hotel stay with your credit card reward points? Some banks have partnered with frequent flyer programs (FFPs) of airlines and hotel…
[ad_1] A credit score of 650 is treated as a ‘fair’ score in India by leading credit bureaus. Now given it is not the worst still it can limit access to prime financial products such as premium credit cards or personal loans on low interest rates. As a norm, according to top tier credit bureaus…
[ad_1] Equitas Small Finance Bank (SFB), is one of the nation’s leading financial institutions. It has a market capitalisation of ₹7397 crore. This bank provides several offers on a wide range of credit cards. These credit cards are designed to meet various financial needs and aspirations of credit card holders such as health expenses, education,…
[ad_1] I have claimed business losses two years ago under the old tax regime. I carried them forward in my last year Income Tax Return (ITR), again under the old regime. In the current assessment year, I am planning to switch to the new regime. Can I carry forward the losses reported in the old…
[ad_1] Over the past 12 months, Parekh has been allocating to hybrid funds (which invest in a combination of low-correlated assets) such as equity savings funds and multi-asset funds, as market valuations have been expensive. His portfolio’s allocation to hybrid funds has risen from 26% last year to 34%, Parekh shared in an interaction with…
[ad_1] With these numbers, India stands at the precipice of its largest intergenerational wealth transfer. Over the coming decades, trillions of rupees will shift hands as family businesses, assets, and investments transition from the first-generation wealth creators to their heirs. Yet, despite this seismic economic shift, most wealthy Indian families remain woefully unprepared. The absence…
[ad_1] The travel and tourism industry has grown rapidly in the last few years. Taking note of the travel boom, some banks have partnered with airline and hotel programs to provide their credit cardholders with a reward points redemption option. Banks like HDFC Bank, Axis Bank, American Express, etc., have multiple airline and hotel transfer…