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3 mins read

RBI bats for borrowers, releases guidelines to prevent lenders from levying penal interest on loan defaults

The Reserve Bank of India (RBI) has released guidelines instructing lending institutions to clearly…

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4 mins read

Cashbacks and no-cost EMIs may be lucrative, but it pays to be careful

One may go for an EMI when one does not have the money to pay up front. However, Delhi-based Dipaya…

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3 mins read

Have a home loan? Take a term insurance policy to guarantee peace of mind

Any individual who is looking to take on a loan needs to factor in ways to mitigate the risks that …

Business Insider Latest Story Image
7 mins read

FAQs about RBI’s three-month deferment on EMIs answered by the Indian Banks Association

A statement by the Indian Banks Association, answers all the frequently asked questions that yo…

Business Insider Latest Story Image
1 min read

RBI asks lending firms to allow 3-month moratorium on EMI payments

RBI Governor Shaktikanta Das in a press conference said these are extraordinary circumstances, and …

PTI   


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4 mins read

EMI moratorium: Borrowers unlikely to get significant gains; banks to charge interest later

To give you a perspective, it said, "suppose your loan outstanding is Rs 1,00,000 and you are char…

PTI   


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3 mins read

Covid-19: Banks sensitise branches on EMI moratorium, other RBI relief measures

"Lending institutions shall frame board-approved policies for providing the above mentioned reliefs…

PTI   


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2 mins read

NBFCs seek one-time restructuring for standard accounts that may default in future

In order to help borrowers who are facing challenges, the Finance Industry Development Council (FI…

PTI   


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2 mins read

Shaky real estate sector staring at 65 pc payment default from customers amid lockdown

He noted that since there is uncertainty over the completion and handover of residential projects, …

PTI   


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2 mins read

Now, You can calculate your credit score for free with BankBazaar

A credit score is a numerical expression based on a level analysis of a person's credit files or hi…

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3 mins read

Common Mistakes That Can Mess Up With Our CIBIL Report

Loans are an indispensable part of our lives. As we climb up the ladder, we realize that we are inv…

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3 mins read

Planning to study abroad but no financial planning? We are happy to help you!

Going overseas for higher education is quite a common trend now. But as common as it is, going abro…

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3 mins read

What to do when your home loan gets rejected!

Lenders rely on the CIBIL score and CIBIL report to understand your credit history and credit b…

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2 mins read

Are you becoming a guarantor for someone else? Here are a few points to remember before you sign up as one

Talking about money is always a tricky affair. So what do you do when someone asks you to be their …

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2 mins read

Straigten up! You have a bad credit behavior if you are doing any of these!

Have you missed out on paying your monthly EMIs on any of your loan. This is quite a common trend o…

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3 mins read

Looking For Quick Cash? Get A Personal Loan Against Fixed Deposit

For example, if a bank pays 9% interest on a three-year fixed deposit, the rate of interest payable…

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10 mins read

Busting Common Investor Myths On Money Matters

Your mind tricks yourself into thinking that you are making the right financial decisions. Some peo…

Economic Times   


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2 mins read

Why Your Credit Score Matters?

Credit score, popularly known as CIBIL score, is an indicator of your creditworthiness. Credit scor…

Rajiv Raj   


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3 mins read

Out of a job? Buckle up and stretch your money to sail through the tough phase

For those of us who earn a salary, a job loss can come as a big shock. There are expenses to be met…