Car purchase on your mind? Post Pandemic, we see many new different models of cars running on the road! Well, as per the article in the Economic Times; the latest data by The Reserve Bank of India shows that ; in the personal finance segment, share of ‘vehicle loans’ for… Read More »Car purchase on your mind? Simple checklist before you go for the one..
Diwali is right here & so the Bonus! Every year, many organizations pamper their employees with ‘Diwali Bonus’! Where it was a miss for last 2-3 years due to pandemic, this year, many companies have resumed to give their annual bonus on Diwali. Well, many of you must have received… Read More »DIWALI BONUS… TO INVEST OR TO SPEND
In a surprise announcement, yesterday, the Reserve Bank of India hiked a ‘repo rate’ by 40 bps now. Now, it is 4.40%. Whereas ‘cash reserve ratio’, i.e. CRR has been increased by 50 bps making it 4.50% now. Other key policy rates such as ‘reverse repo rate’ has been kept… Read More »Understand what a recent hike in Repo rate & Cash Reserve Ratio means to us…