Discipline plays an important role in life. The rule applies to money management too. More savings and lesser liabilities are outcomes of effective money management. It does not mean that you need to have...
During financial crisis, you may approach a bank or non-banking financial company to help you out with availing credit. However, you must be very careful to authenticate the financial institution/lender, as today there are...
In India, wedding is a big affair. Right from the selection of wedding dress, venue, jewelry, decoration etc, the couple and their family members and friends are engaged in exciting activities. However, wedding entails...
Doctors who want to start their own clinic do not need to worry for finance involved in the set up. All they need to do is just reach their bank and ask for a...
Often financial institutions such as banks and NBFCs are stringent about eligibility criteria when it comes to personal loan. Most common criterion is the age limit, which is sometimes limited to just up to...
The current financial year has seen public sector banks take the worst hit, in terms of profit. State Bank of India, IDBI, Bank of Baroda, etc has all been suffering due to the forever...
Defaulting on a personal loan will possibly make you stumble into a spiral of debt. Loan repayment can be an uphill task if you run into scenarios, which makes it difficult to pay the...
Credit cards allow you to make purchases even when there is a lack of funds. While most of us are careful with credit card spending, overuse of plastic money can lead to a heavy...
Through a series of blogs, we are going to explain some important ratios that are useful for judging financial health of a company. In this blog, we are going to talk about current ratio....
Any amount outstanding towards a loan is termed as ‘Past due debt’, i.e instalment, either partial or whole, not paid as per schedule on the due date. A late fee is charged on this...
