238 articles published
The CIBIL score, a numerical value ranging from 300 to 900, serves as an indicator of your credit reliability. This score is pivotal for financial ins...
A credit card is a plastic card issued by a financial institution, such as a bank or credit union, allowing the cardholder to borrow funds up to a pre...
CRR stands for Cash Reserve Ratio, and it is the percentage of total deposits in a bank that have to be kept in cash to operate risk-free. The RBI dec...
Basis Points (BPS) is a critical standard of unit in finance that represents one-hundredths of a percentage point (0.01%). It is one of the prudent in...
A Debt-to-income ratio is a financial standard that gives a real-time comparison of an individual’s debt and his total monthly income. This ratio is c...
Antyodaya Anna Yojana is a government-sponsored programme that was introduced by N Sri Vishnu with the idea of offering food at low prices, thus addre...
Chit Funds are highly regarded in India as effective savings schemes known for yielding returns. Governed by the Chit Fund Act of 1982, these entities...
SLR stands for Statutory Liquidity Ratio, which refers to the minimum percentage of deposits that a commercial bank is required to keep in the form o...
Can I get a loan for myself, even if I already have a loan for my education? Yes, it is possible to obtain a personal loan while you have an education...
Ration Cards are an initiative by the Government of India that entitles families below the poverty line to receive food grains at subsidised prices. T...
The CIBIL report is a record of your borrowing behaviour that influences your CIBIL score. A score of 750 or higher unlocks better loan terms, but eve...
A personal loan is a lump-sum financial product that is typically unsecured, providing individuals with funds for specific needs like debt consolidati...