Hela August 5, 2019

There are specific differences between short and long-term personal loans and depending on your requirement and repayment capacity, opting for the better choice is important. Let us observe some of the differences in order to help you make an informed decision. Loan tenure Short-term personal loans usually come with tenures starting from 3 months. Payday […]

Hela July 30, 2019

Small businesses and MSMEs form the backbone of India’s economy and may hold the key to solving India’s unemployment crisis. To sustain operations and eventually expand, these small businesses require large amounts of capital. However, the sector is facing a working capital crunch, and there is a lack of access to affordable credit. To account […]

Hela July 29, 2019

Life insurance products are undergoing major changes, and mostly to the benefit of policyholders. The Insurance Regulatory and Development Authority of India (Irdai) recently released the final product regulations covering term, endowment, Ulips and pension plans. 1. Higher withdrawals allowed in pension plans The maximum withdrawal allowed at maturity under pension plans has been increased […]

Hela July 28, 2019

If you need money fast, a personal loan may seem like the right answer, allowing you to get a lump sum of money within a few days. Before jumping in headfirst, though, you should understand how personal loans work. Personal loans have many uses, including consolidating debt, paying for home repairs, or paying major medical bills. Some […]

Hela July 26, 2019

The eastern region, led by West Bengal, appears to be driving the growth of microfinance in India. Small loans expanded 7-19 per cent faster than the broader industry average in West Bengal, Bihar, Odisha, and Assam between FY16 and FY19, SIDBI-Equifax data showed. These four states account for about 40 per cent of the total MFI loan book. The portfolio stood […]

Hela July 24, 2019

Mumbai: Buying cheap stocks isn’t rewarding as some bargains may be too good to be true, according to a unit of India’s second-largest private bank. There’s a very low probability for a stock to reclaim its previous high if it has slumped more than 75% from its peak, analysts led by Vinod Karki at ICICI Securities […]

Hela July 21, 2019

Nifty 50 has gone through decent correction in the last two weeks. Probably, we could be in the last leg of the correction. The gap in the chart has been the major concern for the traders from past two months that was emerged ahead of Lok Sabha election result euphoria. The July 19 session registered […]

Hela July 19, 2019

A good rule of thumb to follow to avail the loan is to meet the lender’s eligibility criteria(Bajaj Finserv) Applying for a personal loan is usually fast and easy, as it is a collateral-free financing solution. You can apply for one online within minutes. However, lenders grant the loan based on certain criteria to ensure […]