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Banks’ market value fell sharply in the last quarter.New Delhi, Apr. 15-Most public sector banks have seen their market value decline in the January-March quarter, according to a study by ‘S&P’. What is the market value of a major bank? It has been reported that 12 of the country’s top 20 banks have seen their … Read more
Strategic Investment for the New Fiscal Year Generally, the start of the fiscal year is a good time to review investment and tax saving plans and chart a path for the future, especially since major changes, including tax rates, have come into effect since April. Strategic investing for the new fiscal year in india Therefore, … Read more
The Reserve Bank has cut the repo rate again, and with US President Trump’s reciprocal tax hike coming into effect from yesterday, the Reserve Bank has lowered the country’s economic growth forecast for the current fiscal year from 6.70 percent to 6.50 percent. What is the benefit of a repo rate cut At the end … Read more
It’s like having a credit card without a card. Banks will provide a certain amount as a ‘credit line’ depending on the customer’s repayment habits and income. It will be linked to your mobile phone’s UPI. What is the benefit of credit line in UPI? When you buy goods or services in a store or … Read more
New Delhi, Apr. 8- Credit card loan outstandings have increased by 28 percent to Rs 6,742 crore in the last year, the Reserve Bank of India (RBI) said. what happens if you don’t pay your credit card loan Credit card usage has increased in the last three years due to increased consumer spending and use … Read more
What is an ETF and how does it work? ETF stands for Exchange Traded Fund, and is a form of investment similar to a mutual fund. For example, the National Stock Exchange of India (NSE) Nifty index is made up of stocks of 50 companies. What is the main benefit of an ETF? In this, … Read more
Recently, the shares of a private bank suddenly fell sharply due to an audit error. A few months ago, a cooperative bank was in trouble and faced the control of the Reserve Bank. What is the safest way to deposit money? Many banks have been in trouble in the past. They have attracted attention. In … Read more
Experts say that social media financial advice requires a cautious approach. While it is necessary to seek financial advice, it should be professional. Who gives the best financial advice? In an environment where getting information through social media has become the norm, many people are turning to social media to get financial information. Accordingly, personal … Read more
New Delhi:Home loan availability increases by 14 percent, with middle-income groups leading the way, The NHB report states that Housing loans in the country have increased by 14 percent, with the total outstanding loans standing at Rs 33.53 lakh crore as of September last year, the National Housing Bank (NHB) has said. Housing loans in … Read more
Although financial management is considered a necessary skill, most people do not have sufficient financial literacy. What are bad financial habits? Lack of awareness regarding basic aspects such as the basics of saving and types of investments, there is a risk of spending without limits and getting into debt. Especially, in recent times, there is … Read more