Do you know how to get out of debt on your own in a fast way ? If not, read on to find out how. Debt can come in many forms – home loans, personal loans, credit card debts – all of these can put your financial planning in a disarray if not handled inRead More
Banking
Repo Rate, Reverse Repo Rate and Bank Rate
On May 3rd 2011, the Reserve Bank Of India (RBI) increased key policy rates i.e., repo rate reverse repo rate and bank rate to contain inflation. While this was in the news big time, not many of us would have realized its direct effect on our everyday lives and our financial planning. Here are someRead More
5 Tips on Using Your Credit Card Wisely
Credit card dues are an expensive proposition. So, here are some tips on using your credit card wisely, because the lure of buy today and pay later gets the better of most of the investors very easily. Credit card liabilities are the worst form of loans available in the market today because of their highRead More
Union Budget 2010-2011 income tax highlights
Budget 2011 has come and gone. Amidst rising interest rates, spiraling inflation and a basket full of scams, the government was expected to deliver Budget 2011 to make its mark with a bang. Did it ? Depends on who you are talking to. Let’s take a sneak look at what the Finance Minister Pranab MukherjeeRead More
How many loans can I have ?
Acquiring your favorite assets through a loan is probably the one of the most easiest way to fulfill your materialistic needs and wants. However, it is also one of the most easiest ways to become a pauper as well. If you don’t keep an eye on how many loans you accumulate, it will be aRead More
What is KYC? Know Your Customer (KYC) Guidelines
What is KYC is a very important question if you are investing or using financial services. Know Your Customer or KYC requirements and guidelines were effective January 1st 2010 for all mutual fund investors in India, irrespective of how much amount you invest in them. If you don’t know What is KYC, here is a smallRead More