Last week, The Reserve Bank of India increased ‘Risk Weight’ for ‘Consumer credit exposure’ for retail loans for Commercial Banks & Non-Banking Financial companies. For commercial banks its increased to 150% from 100% earlier. For NBFCs its increased to 125% from 100% earlier. It also includes banks exposure to NBFCs… Read More »Should we reconsider our Personal Loans & Credit Card spending?
Mutual funds are favorite investment option for many! Last month we saw number of different new fund offers coming in! Many investors invested in them! They give exposure to equity market for a new investor, give diversification to the portfolio, help us achieve our goals too! Though people choose to… Read More »New fund offers Or Existing mutual funds… Where to invest?
BUY NOW, PAY LATER Do you often opt for ‘BUY NOW, PAY LATER OPTION’? Today, when you hang around for shopping or visit any ‘online shopping site’ you will find many offers to buy gadgets, home appliances, other electronic products along with many other items with ‘ BUY NOW, PAY… Read More »Do you often opt for ‘BUY NOW, PAY LATER’ option? This is for you..
This week the most awaited budget 2023 has been announced! Since then, there are lot of discussions, debates & explanations going around. The budget is focused on ‘7 key areas’ viz, Many provisions have been made in the above areas but let’s focus on the provisions which have direct &… Read More »BUDGET 2023 & PERSONAL FINANCE:
Gold is glittering & shining nowadays! Year 2022 saw double digit returns by this precious metal & still counting! Gold futures are now being traded at a fresh high of Rs 56,245 on MCX. This rally has urged many investors to fall in for this metal. Gold ETF has… Read More »SHOULD YOU INVEST IN DIGITAL GOLD?
‘Home’ is a ‘feeling’! Its also precious when we share the space with our loved ones under one roof which we ‘own’! To buy a house is a dream of many. There are many thumb rules, suggestions given, theories applied when someone wishes to buy a house.. Well, all of… Read More »FIVE THINGS TO KNOW BEFORE BUYING YOUR ‘OWN HOUSE’