New RBI Guidelines on Loan Moratorium: What Should Borrowers do?
The current uncertainty due to the Covid pandemic is not just a medical one. It has also spilled over to the financial world, with the 6-month loan moratorium period ending on 31st August 2020. Even while the moratorium period was on, there were varying voices…
Home Loans: Should you Switch over to Fixed Interest Rates?
Property investors, who have been sitting on cash and waiting on the sidelines for many years now, have a reason to rejoice. Their search for the “best price” may be coming to an end. Not only are real estate prices softening, but also home loan…
4 Financial Planning Mistakes you Should Avoid in the post-Covid World
Living in a Covid-induced lockdown world is emerging as a challenge for virtually everyone. Be it a business owner fighting liquidity crunch or a salaried individual worried about job loss or salary cuts, the times are uncertain and challenging. On the other hand, financial plans…
A Loan in Need is a Loan Indeed
If you got a need, the bank’s got that loan. We aren’t kidding! Check out these 5 loans that you might want to take. We, Indians, started taking loans from informal lenders decades ago. Now that things are instant, there is a loan for everything…
MCLR or External Benchmarks: Which is Better for Loans
As part of a structural change to make banking more robust and transparent, the Reserve Bank of India (RBI) has directed banks to adopt an external benchmarking mechanism starting 1st October 2019. Amid the new regulations, all banks will now finalize interest rates on floating…
Why Women Shy Away from Taking Personal Loans
Personal loans can be very handy in times of financial deficit or emergency situations like sudden hospitalization. This can be even more so for Indian women as they seem to be earning less, spending more on medical expenses, yet receiving less insurance protection over time….
Benefits of Buying House in Wife’s Name
Buying a property is one of the biggest financial decisions in our lives. Some home buyers look at the option of buying a house in the name of the lady of the house. Be it for lady luck, or for some financial benefits, buying a…
Best Personal Loans for Women
A financial emergency can befall just about anyone. It could be a heavy hospital bill not covered by insurance. Or a sudden business loss. Or just about anything else that women confront. At such times, look no further than personal loans for women. When faced…
How Women See Taking A Business Loan
Turned down for a credit line for your startup? Chances are higher that you are a woman entrepreneur, in that case. Taking a business loan remains an incredibly hard task for women even today. Women entrepreneurs are accelerators of economical growth, but accessing capital is…