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Source: Live Mint If you are looking forward to a wedding, it is vital to first arrange the funds for it. There are a number of ways to do it. At the outset, you should dip into your savings and investments to meet the wedding expenses. And if this money falls short, you can always…
Source: Live Mint In 2024, despite the momentum in financialisation, the Nifty Bank index has underperformed, rising only 7% compared to the Nifty 50’s impressive 15.6% gain. This gap signals investor hesitation, with key banking stocks hovering around critical levels in both the public and private sectors. However, many banks maintain solid fundamentals and have…
Source: Live Mint If you are planning to apply for a credit card, remember that you need to first build a credit score. And if your credit score is low, you need to take some substantive steps to improve your score. It is vital to mention that the credit score is not permanent and one…
Source: Live Mint State Bank of India (SBI) has revised its marginal cost of funds based lending rate (MCLR) with effect from October 15, 2024. The interest rates across all other tenures remain the same, however, MCLR for one-month tenor has been slashed from 8.45 to 8.20 per cent. Interest rate for overnight tenure stands…
Source: Live Mint Are you eager to explore new destinations, immerse yourself in vibrant cultures, and create unforgettable memories? A travel loan can turn your dreams into reality. Whether you’re planning a solo adventure, a family getaway, or a romantic honeymoon, a well-structured travel loan can provide the financial flexibility you need to embark on…
Source: Live Mint Are you holding shares or mutual fund units for your long-term financial goals? During a financial emergency, instead of selling a part of your investment, pledge it and take a loan against it. Pledging of shares/mutual fund units for a loan has benefits over selling them. Let us understand what is pledging,…
Source: Live Mint Personal loan interest rates are an important issue to consider when borrowing money for personal reasons. These rates determine the cost of the loan and have a substantial impact on your monthly payments. Interest rates are usually represented as a percentage of the principal amount borrowed. Personal loan interest rates are influenced…
Source: Live Mint Is your poor credit score impacting your ability to get a credit card? You do not have to worry. Secured credit cards offer the way for individuals with poor credit scores. Credit cards are basically unsecured loans that offer you advances based purely on your track record in managing your finances. But…
Source: Live Mint When seeking a personal loan with a low interest rate, it’s essential to understand how interest rates can significantly impact your overall financial health. By employing these five strategic tips, you can enhance your chances of securing the most favourable interest rates on personal loans. Understanding personal loan interest rates Interest rates…
Source: Live Mint Personal loans have become increasingly popular, offering quick access to funds for various needs, whether it’s for medical emergencies, weddings, home renovations, or debt consolidation. However, before diving into the world of personal loans, it’s essential to evaluate whether it’s the right choice for you. In this article, we’ll explore the benefits…
