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Importance of Financial Planning at an early age [ad_1] In our 20s, planning for the future may seem pointless. YOLO and FOMO become the mantra for living while aspects like marriage, homeownership, child’s education, and retirement planning, seem like vague milestones in the distant future. But 20-somethings must realize that planning for one’s financial future puts them in better control ...

These banks have increased home loan interest rates after the RBI repo hike [ad_1] The Reserve Bank of India (RBI) increased the repo rate once more in an effort to combat inflation. In its latest monetary policy announcement on September 30, 2022, the central bank raised the repo rate by 50 basis points (bps; 100 basis points = 1%) to ...

Gold, silver price movement in last one year [ad_1] Gold, silver price movement in last one year [ad_2]

Credit Suisse Shares: Weak financials, shaky management: What’s wrong at Credit Suisse? Switzerland’s second-largest bank, Credit Suisse, has been in the news due to its falling share price, shaky financials, and repeated management revamp. In the last year, the bank’s valuation has fallen nearly 60 per cent. Credit Suisse’s current market cap is $10.8 billion. In October ...

Should you buy a house in your 20s? [ad_1] [ad_2]

YES Bank’s Q2 loan book grows 11.6% YoY; deposit base cross Rs 2-trn mark Reflecting steady pre-festive demand, private sector lender YES Bank posted 11.6 per cent year-on-year (YoY) growth in the loan and advances to Rs 1.92 trillion in the reporting quarter (Q2). Sequentially, its loan grew by 3.5 five per cent and crossed Rs 1.86 trillion as ...

Rupee appreciates 31 paise to 81.51 against US dollar in early trade The rupee strengthened by 31 paise to 81.51 against the US dollar in early trade on Tuesday, tracking weakness in the greenback in overseas markets and a rally in domestic equities. However, rising crude price in the international market restricted the rupee, forex traders said. ...

What happens if you miss a mutual fund SIP instalment? [ad_1] 1.A missed SIP instalment happens when there isn’t sufficient balance in the account. 2.Mutual funds do not penalise for missing an SIP instalment. 3.However, the bank will charge you a penalty for the insufficient funds and missing the auto-debit payment. 4.A mutual fund will cancel the SIP only after ...

12 money mantras to build wealth and not fall into a debt trap [ad_1] Is there a checklist for good money habits, a reader asked. This column has evolved into one with lists, mostly to make it easy for the readers to consider those points that matter to their financial lives. A lot about personal finance is, well, personal. What ...

Do you need a super top-up health insurance policy? [ad_1] While both top-up and super top-up plans have long been considered a good way to enhance health insurance at low cost, super top-ups were regarded primarily for senior citizens or those with conditions requiring frequent hospitalisation. However, in the past couple of years, super top-ups have gained prominence, with most ...