One of the best ways to improve your financial knowledge is to know the basic financial terms and their meanings. Here, we have a financial dictionary of the most used…
You would have observed that the value of money keeps diminishing over time; do you know why? It is because of inflation, that lowers your purchasing power. So, when planning…
The financial sector is undergoing a complete revolution steered by the rapid growth of Artificial Intelligence, generative AI, machine learning, etc. The financial sector, including lending, is not only adopting…
Peer-to-peer lending platforms have been gaining much attention lately as a wonderful alternative to conventional financing options. This promising concept eliminates the need for banks and financial institutions while roping…
Whether it is about applying for a new loan or negotiating better terms with the lender, the lender's first consideration is your credit score. A good credit score is one…
Whenever we apply for any loan, the first thought in our mind is to find a loan that charges a favourable interest rate. If you plan to take a car…
Evaluating your borrowing power before taking a loan is imperative to prevent default and stressful repayments. The ‘borrowing capacity’ allows you to assess your income, spending, savings, assets, liabilities or…
The credit cards have made our lives simpler. The bulky wallet has been replaced with a plastic card, adding convenience to our routine life. Also, the flexibility of buying the…
The Banking Regulation Act 1949 allows the Reserve Bank of India to exercise statutory and other loan restrictions. According to this master circular, the central bank consolidates and issues instructions…
Some people get intimidated thinking about creating a budget. Well! We assure you; it is not as daunting! In fact, you just need to follow certain steps to build an…
