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Source: Live Mint Some of us grew up with the fairy tale of The Wizard of Oz (had an uncle play ‘Somewhere over the rainbow’ for us kids), some lucky ones have watched the musical on Broadway, and yet there are others who have no clue why early cinegoers and critics are going gaga over…
Source: Live Mint A number of investors raised personal loans against their shares and mutual funds partly because of the bull run (that has apparently ended with 10 percent correction having taken place). The latest RBI data shows that outstanding loans against shares and bonds as of August 2024 stood at ₹9,722 crore, growing around…
Source: Live Mint Have you been planning to raise a personal loan lately? It is recommended to first compare the interest rates charged by different banks and non banking financial corporation (NBFC). Typically, personal loan interest rates are relatively higher because they are unsecured and banks, therefore, make up for the risk of loss of…
Source: Live Mint Highest FD rates: For a more accessible investment in Fixed Deposit schemes, Flipkart-backed super.money has enabled its users to invest in FD schemes via the Unified Payments Interface. The recently launched superFD product allows investors to earn up to 9.5% interest rates on FDs. About superFD on UPI Unlike other FD scheme…
Source: Live Mint If you want to apply for a credit card, you might want to know which are the credit cards worth applying for. The worth of a credit card is determined on the basis of various factors, which essentially should align with your requirements and preferences. For instance, the cards with reward points…
Source: Live Mint The Reserve Bank of India (RBI) has identified significant gaps in gold loan disbursement practices, prompting major changes in the sector. Lenders are now shifting from traditional bullet repayment options to monthly Equated Monthly Instalments (EMIs) and term loans to address regulatory concerns, as per a report by Times of India. On…
Source: Live Mint Credit cards are a simple way to buy something today on a loan, plus it takes just one swipe. But why do banks make it so easy for you to access credit? Your bank will set a limit on your credit card, hence, it’s not an unlimited loan and neither is it…
Source: Live Mint Effective financial planning includes defining financial goals and drafting out an investment plan to meet these goals. This is essential for achieving financial stability and building a strong foundation that lets you work towards meeting your financial commitments, both long term and short term. In Episode 5 of Let’s Mint Money, presented…
Source: Live Mint If you are falling short of money and currently exploring different means of raising funds then you can, among a slew of options, consider raising a personal loan. However, one of the key disadvantages of raising a personal loan is that it carries a high rate of interest. The other alternative, meanwhile,…
Source: Live Mint Planning for higher education for children forms a major aspect of financial planning for most households, especially if you plan to send your children overseas for higher education due to the sheer costs involved when looking at a degree from top global institutes. The fourth episode of Let’s Mint Money, presented in…
