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RBI asks IIFL Finance to ....

The Reserve Bank of India ordered IIFL Finance to stop approving fresh gold loans immediately after revelations were made about the company’s conspicuous deviations in assaying and certification of purity and net weight of the gold while sanct....

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Finance Ministry to Defer....

According to reliable sources, the finance minister is considering adjournment of Rule 43B (h) enforcement under the Income Tax Act, which mandates payment disbursement to micro, small, and medium enterprises (MSMs) within 45 days. Sources co....

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Home Loan Interest Rates ....

The first thing potential borrowers check before taking out a home loan is the rate of interest. Usually, the rate is pegged at 9-11 percent. However, it is not a static figure and varies from one Institution to another, depending on the borrowe....

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Stock market likely to ri....

Stock market has already registered 1% growth this year. As per a poll by Reuters, analysts don't expect any correction in the near future, at least in upcoming three months. India's stock market is likely to reach to new peaks by the end of ....

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LIC Launches New Unit-Lin....

Life Insurance Company of India or LIC announced to launch LIC Index Plus, a new unit liked insurance product. As per a new BSE notification by LIC on Monday, LIC Index Plus was made available for purchase from yesterday, February 6, 2024. A ....

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Finance Ministry Disburse....

The Ministry of Finance has released Rs 66, 745 crore as loans for 28 states under their Scheme for ‘Special Assistance to States for Capital Investment’. Pankaj Chaudhary, the Minister of State for Finance, has said in a written reply to....

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Recent Blog Post

Overdraft

Why Property Insurance Is....

You have just purchased your first house, or are you regarding to signing the documents. Exciting, right? The keys, the new paint, the fantasies of decoration of every corner it all seems like a new chapter. But may I question you upon another p....

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Loan Against Property

The Role of Title Insuran....

Imagine this, you have just discovered your dream house, the paperwork is completed and you are ready to move in. All appears to be okay. However, what will happen when someone comes up months later and proves that your property belongs to them ....

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5 Unique Personal Loan Pr....

When the majority hear the word personal loan, they immediately imagine one and the same product, which is to borrow the money to handle an emergency or a large acquisition. However, the truth of the matter is that, banks and other financial ins....

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Pioneering ease of access to Basic Banking & Financial Services in Rural India