How to know the security of bank deposits?

How to know the security of bank deposits?

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

Is social media financial advice right or wrong

Is social media financial advice right or wrong

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

What is the problem with SIP investment?

What is the problem with SIP investment?

SIP investment continues to suffer, Due to the stock market decline, the number of new SIP accounts opened has decreased and the number of existing investments has increased. Why are people closing SIP SIP is considered a suitable investment method for investing in mutual funds. Retail investors are also showing interest in it. However, the … Read more

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

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

Can’t we change the way trade is done in US dollars?

Can't we change the way trade is done in US dollars?

Internationally, can’t major commodities like crude oil be traded in US dollars? Why is trade done in US dollars It can be freely converted. It is enough to get the right answer to the question of what is the benefit of it. For many years, the dollar has been the reserve currency and trading currency … Read more

Which scheme is best for investment in India?

Which scheme is best for investment in India?

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

Is a credit card good for an emergency fund?

Is a credit card good for an emergency fund?

Unexpected financial crises can happen to anyone at any time. In times of crisis, an emergency fund comes in handy to meet essential expenses.That is why it is constantly emphasized that it is necessary to create and maintain an emergency fund. Can I use a credit card for emergencies? Some people may try to use … Read more

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