Financial habits that put you in debt

Financial habits that put you in debt

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

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What is the benefit of RuPay select debit card

What is the benefit of RuPay select debit card

New Delhi: RuPay Debit Select Card to get a host of offers from April, NBCI is introducing new offers for ‘RuPay Debit Select Card’ holders from April 1. What are the benefits of RuPay select debit card National Bank of India (NBCI) is offering various new benefits to its RuPay Debit Select cardholders from April … Read more

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Why is Rising debt burden of Indians

Why is Rising debt burden of Indians

In India, salaried employees spend an average of 33 percent of their monthly income on monthly installments on loans, A study by financial technology firm Perbias in collaboration with PwC India has found. The study, conducted among over three million tech-savvy consumers, found that 39 percent of their income is spent on monthly expenses, including … Read more

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Indians pay one-third of their salary towards EMIs

Indians pay one-third of their salary towards EMIs

A study has revealed that Indians pay a third of their salary as loan installments, known as EMIs. How do Indians spend their money A recent study by PwC and Perbios has revealed how Indians spend their money. The study surveyed 3 million people using financial technology services, non-bank financial institutions and other digital platforms. … Read more

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RBI has fulfilled expectations and will now reduce interest rates.

RBI has fulfilled expectations and will now reduce interest rates.

Mumbai, Feb 8: The Reserve Bank of India (RBI) has announced a much-awaited repo rate cut for the past five years. The short-term lending rate of banks has been reduced by 0.25 percent to 6.25 percent. Its results were released yesterday. What is the expectation of RBI rate cut India This means that banks are … Read more

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