Category : Financial Insights
Navratri, the festival of victory of good over evil is one of the most vibrant and joyous festivals of India. It symbolizes the triumph Goddess Durga over the demon Mahishasura.
Category : Financial Insights
Legend has it that the Goddess Durga defeated Mahishasura through nine incarnations during the nine nights of Navratri.
Category : Financial Insights
Credit lock and credit freeze are popular tools for protecting your financial well-being. While both facilities aim to restrict access to your credit report, the underlying mechanisms, legal implications, and practical applications vary significantly. Read on to know the key differences between credit lock and credit freeze.
Category : Financial Insights
A Company Credit Report (CCR) encompasses several important pieces of information, including the repayment ability of a company, its financial transactions, credit history, credit scores, payment patterns, etc. CCR has a great impact on credit applications, credit limits, and interest rates. Understanding the importance of credit reports is essential if a business needs a loan. Read on to know what a company credit report is, its key components, and the factors affecting CCR.
Category : Financial Insights
Inflation can significantly impact personal finances, such as reduced purchasing power and reduced ability to get credit. Read on to have a detailed understanding of the impact of inflation on personal finance and how you can manage it.
Category : Financial Insights
Stay alert, identity theft is on the rise! Thats why protecting your identity is more crucial than ever. Read on to understand what identity theft is and how to protect yourself from it. Scroll down!
Category : Financial Insights
Janmashtami, an auspicious day in the Hindu culture, marks the birth of Lord Shri Krishna. As we celebrate Krishna Janmotsav, let us take a moment to enlighten ourselves with the great wisdom of Lord Krishna.
Category : Financial Insights
As we celebrate Janmashtami, the birth of Lord Krishna, it is the right time to reflect on the profound wisdom found in the Bhagwat Gita.
Category : Financial Insights
A debt trap occurs when a borrower is forced to avail new loans just to pay off existing loan. It happens when the amount of debt becomes too much to handle based on ones ability to repay.
Category : Financial Insights
A 2023 survey with 500 working women across all age groups and incomes found that only 35% were financially literate. Unfortunately, most women still lack confidence when it comes to making financial decisions on their own. Given women’s contribution to India’s growing economy, it is essential to empower them through financial literacy. This blog lists the importance of financial literacy for women and ways to become financially educated. Read on!
Category : Financial Insights
When faced with temporary financial needs, you often explore short-term financing options like overdrafts and cash credit facilities. While both offer quick access to funds, they differ in key aspects, influencing the suitability for customers. Understanding these differences is crucial for making informed financial decisions. Continue reading to have a comprehensive idea about the differences between overdraft and cash credit.
Category : Financial Insights
Did you know you might be paying interest on a loan before your first official payment is due? This unexpected cost is called broken period interest. Read on to know what this type of interest is, how it applies to a Personal Loan, and how to avoid any surprises when taking out a loan.