Personal Finance simplified for the common man. Read about financial concepts, investing tips, finance products and services, money saving ideas and much more.
Banking terms and concepts have consistently been a part of our finance books yet, they are difficult to recall and tricky to apply. We all understand that monetary policy spins around bank rates, repo rates and multiple other rates, sometimes this can lead to confusion between the concepts. No only this, whether it’s preparing for a … Read more
For months, Loan Moratorium and its extensions have been both our saviour and destructive to the economy! While it can be attributed to Coronavirus, let’s look into how this strategy might affect the economy! Loan Moratorium: Why Did We Need It? The thing is, nation-wide policies often don’t have a single causal factors, specially in … Read more
Yes Bank used to be the 4th largest private bank of India. It had been a trusted intermediary for not just depositors but also companies like Swiggy, Flipkart, and PhonePe as the only banking partner for their UPI transactions. In fact, 35% of all UPI transactions that took place were through Yes Bank itself. And, … Read more
Reliance Industries created history by becoming India’s first Trillion dollar company. It raised around 1.68 Lac Crore in less than 2 months entering the top 60 global companies. With a net worth of $150 Bn RIL has now surpassed some of the major Multinational Companies(MNCs) like McDonald’s($139bn) and Nike($149bn). But this is not it, Did … Read more
Non-Banking Financial Institutions (NBFCs) started out as an alternative method of investments and borrowing in India, but the industry has since then grew to be a multi-billion dollar business. Basically, NBFCs cater to the needs to corporations and government. Like people go banks to get loans for buying cars and houses, corporations go to NBFCs … Read more
Which is the Financial or Economic Capital of India? Of course, MUMBAI is called the financial capital of India. Why is it called so? Let’s find out answers to these interesting queries. Mumbai: A Glimpse The country’s powerhouse in its captivating beauty, engrossing lifestyle and the scintillating gushing seashores is what makes Mumbai an enticing … Read more
Have you ever wondered about the growing number of FinTech companies in India? Here we’ll be discussing some of the most successful fintech startups and their innovative business models. A bunch of Top 10 FinTech Companies in India and a few exclusive details on each of them. Fintech in India: An Emerging Trend According to … Read more
It’s the world of technology and automation! The same is observed in different sectors of the economy. Look for any product or service, you’ll easily find an app related to it. That’s what our today’s topic of discussion reflects, popular loan apps. So, let’s get familiar with some of the Best Personal Loan Apps in … Read more
Union Budget for 2020 was passed on 1st Feb 2020 laying down the score-card of financial numbers of past year performance and also carving the future steps for India’s economical success. This year’s budget was introduced keeping in mind a threefold development theme i.e. Aspirational India, Economical Development, and Caring Society. Government has promised an … Read more
The payment gateway industry has undergone a significant change in the past decade or so. Mobile wallet payment is gradually replacing the age old methods. So, it’s worth learning about some of the Best Mobile Wallets in India. I am very sure this would be the early memory of most of you, “Searching your purse … Read more