State Bank of India has announced a significant reduction in free monthly ATM transactions for salary package account holders using other banks’ machines, which could increase costs for customers relying on cash withdrawals. State Bank of India has cut the…
While earning more can help clear debts, experts emphasize that consistency, cost-cutting, and strategic payments are the real game changers in speeding up debt elimination without increasing income. Many people assume the only way to accelerate debt repayment is to…
The Madras High Court has emphasised that a borrower’s constitutional right to travel cannot be curtailed via Look Out Circulars issued by banks, marking a significant judicial stance on the limits of financial coercion and constitutional protections. The Madras High…
From January 1, Indian depositors will see their bank deposits combined with securities and retirement holdings in a single monthly statement, as the Reserve Bank of India seeks to streamline financial asset tracking and improve data sharing infrastructure. From January…
Borrowers can now extend their existing gold loans with quicker, simpler top-up options, providing additional funds without starting a new borrowing process. This shift enhances financial flexibility but requires responsible repayment to avoid rising debt. A gold loan top-up can…
With social media becoming a key source of money tips, experts warn the public to critically assess influencer content to avoid falling victim to misleading or risky financial schemes. Social media has become a powerful marketplace for money advice, and…
Despite increased awareness and rising retirement corpus expectations among Indians, a gap remains between current savings and the actual funds required for a comfortable retirement, according to new survey findings. Indians are edging closer to retirement products such as the…
Small, consistent money habits focused on transport, food, energy, and subscriptions can help families stabilise their budgets more effectively than major sacrifices, according to experts and recent initiatives like the UK summer savings scheme. Small, everyday money habits can do…
A comprehensive approach to managing debt, saving for retirement, and buying a house emphasises flexibility, prioritising essentials, securing employer matches, and balancing multiple goals based on risk and timing. The simplest way to juggle debt, retirement saving and a house…
Indian authorities have uncovered a Delhi-based syndicate impersonating Microsoft to siphon money from American seniors through Bitcoin ATM frauds, amid rising cross-border digital scams targeting the elderly. A Delhi-based cyber fraud syndicate allegedly siphoned money from American senior citizens by…
Married couples aiming for maximum home loan tax deductions must align ownership, borrowing, and repayment strategies; mere co-borrowing on paper isn’t enough to secure the full tax advantage, experts warn. Buying a home with a spouse can significantly improve the…
Achieving a score of 750 or higher is not a guarantee for loan approval; lenders prioritise current debt, employment stability, and borrowing patterns alongside credit scores. A credit score of 750 or even higher can strengthen a loan application, but…
