PNB’s new Kalpnidhi scheme offers disciplined savers a fixed monthly deposit plan with attractive long-term maturity potential, starting at ₹100 and reaching nearly ₹25.77 lakh for seniors over a decade. Punjab National Bank’s Kalpnidhi recurring deposit is aimed at savers…
As living costs rise and interest rates climb, households are turning to disciplined habits such as meal planning, energy efficiency, and loan reviews to stretch their budgets and prevent financial stress. As household budgets continue to feel the strain of…
With longer life expectancy and rising inflation, Indian households are recognising the importance of converting retirement savings into reliable income through products like annuities, highlighting a strategic shift in financial planning. Retirement planning in India is increasingly being framed as…
Derbyshire Constabulary issues warning over increasingly sophisticated fake deal adverts on social media, urging shoppers to stay vigilant against scams promising large discounts on everyday goods. Derbyshire Constabulary has warned that social media users are being targeted by scams promoting…
An 18-year-old’s experience highlights how income stability and reapplication can change outcomes for young borrowers facing stricter lending criteria amid rising rejection rates and tighter credit conditions. An 18-year-old who was first turned down by his bank for a home…
Indian cyber authorities have issued a warning about Android apps mimicking adult content promoted via social media, which pose risks of fraud and unauthorised access, urging users to install only from trusted sources. Indian cyber authorities have warned smartphone users…
Senior citizens in Goa have suffered losses exceeding Rs 39 crore due to cyberfraud since 2023, amid rising scams targeting the vulnerable, prompting police to enhance awareness and prevention efforts. Senior citizens in Goa have lost more than Rs 39…
Cybersecurity warnings reveal a sophisticated phishing campaign targeting Apple Pay users through convincing text messages mimicking official fraud alerts, aiming to steal personal and financial information. A phishing campaign is exploiting Apple Pay users by sending alarming texts that claim…
Salaried workers seeking personal loans should prioritise monthly cash flow analysis over loan eligibility figures, considering existing obligations and repayment options to find a comfortable and sustainable borrowing figure. A personal loan can be a practical option for salaried workers,…
Federal regulators and FinCEN outline new guidelines allowing financial institutions to discuss suspicious transactions and account actions with customers, clarifying the boundaries of SAR confidentiality to boost transparency while maintaining legal protections. Federal banking regulators and FinCEN have issued new…
Different banks provide varying maturity values on 555-day fixed deposits, highlighting how small rate differences can significantly impact returns for savers, especially seniors, amidst a broader trend of banks using special-term deposits to attract funds. A Rs 5 lakh lump-sum…
While a high salary might suggest financial stability, credit bureaux focus on repayment behaviour rather than income, making discipline crucial to maintaining a good CIBIL score, say experts. A high salary can make a borrower look comfortable, but it does…
