Health insurance plays an important role in ensuring financial security, especially for the elderly. Moreover, since medical expenses are likely to increase during old age, it is necessary to have adequate health insurance. how can you reduce health insurance premiums With many people in India not having the necessary financial resources for retirement, managing medical … Read more
Stock market crash lessons to learn, An analysis of the reasons for the decline in the Indian stock market and the challenges ahead. What lessons can investors learn from the crash? Although the trend of the stock market has been volatile, the Indian stock market has recently experienced a decline that has not been seen … Read more
Which scheme is best for investment in India Is there any limit on how much money can be deposited in a bank as a fixed deposit? What is the limit of fixed deposit? No. Banks are happy no matter how much you deposit. If the interest earned on the deposit exceeds a certain amount, you … Read more
While market downturns can be unsettling, they also teach new lesson young investors important lessons. There has been a significant shift in the approach of Indian investors in recent times. What beginner investors should know While traditional investments like fixed deposits have been increasingly sought after, investment opportunities including equity and mutual funds are also … Read more
The importance of credit score as one of the factors that determines an individual’s creditworthiness is widely known. Therefore, it is necessary to know the factors that affect credit score and focus on correcting them. what affects your credit score, the most This list includes paying bills on time, not missing monthly payments, and using … Read more
Since various types of cyber crimes are taking place on the internet, one should be cautious during online transactions. With cyber criminals coming in various forms, stealing and forgery of individuals’ PAN cards, Aadhaar numbers, etc. has also increased. Recently, a fraudster in the state of Chhattisgarh received government assistance in the name of well-known … Read more
Mumbai, The Reserve Bank of India has instructed banks not to freeze bank accounts from which pension and government subsidies are received, for any reason. Speaking to the directors of private banks in this regard, RBI Deputy Governor Swaminathan said, It is necessary to obtain the Know Your Customer (KYC) procedure. Bank accounts from which … Read more
Financial planning is the planning of financial matters in advance. Financial planning helps ensure future financial security. A well-crafted financial plan helps you achieve long-term goals and weather unexpected crises. Also, it guides to control costs and maximize savings. Here are the key features and ways to best carry out financial planning that will guide … Read more
Is a maturing investment suitable for reinvestment, When the investment matures it should be decided properly whether to withdraw or reinvest the amount. Why is Reinvestment Necessary? The investments we make have different maturities. Generally, when the investment matures, the amount can be drawn as per requirement. However, sometimes you may not know what to … Read more
Indian women excel in financial planning, Women advancing financial planning, The study revealed that working women living in Indian cities have the power and ability to make independent financial decisions. To understand the financial planning of urban women in India, TBS Bank, in association with CRISIL, conducted a study on ‘Women and Finance’. 47 percent … Read more