Beyond the headline rate, numerous factors influence the true cost of a loan against property, including credit score, asset type, loan structure, and market conditions. Borrowers need to consider these to optimise repayment terms and manage long-term financial health. A…
Buy-now-pay-later (BNPL) companies are increasingly offering loans for utilities, rent, and essential bills, signalling a shift in short-term credit use as household budgets tighten and critics warn of potential risks. Buy-now-pay-later lending is moving far beyond sneakers and laptops and…
While attractive headline rates make gold loans appealing, borrowers must carefully scrutinise the loan structure, fees, and repayment terms to truly understand the total cost and avoid surprises. A gold loan can be a fast way to raise cash, but…
Bridge loans provide a fast and flexible way to bridge temporary funding gaps in property transactions, but come with higher costs and risks, making clarity on exit strategies crucial. Bridge loans are a form of short-term property finance designed to…
J&K Bank has strengthened its insurance offerings by partnering with HDFC Life, broadening its range of financial protection products through a new corporate agency agreement aimed at increasing insurance penetration across India. J&K Bank has added HDFC Life to its…
The Indian government is contemplating doubling the credit guarantee for affordable housing loans to Rs 40 lakh, aiming to enhance access for buyers and support growth in the sector amid rising property prices and market demands. The government is weighing…
Researchers uncover a loophole allowing expired credit cards to be used for fraudulent transactions, highlighting gaps in the current payment verification process and prompting calls for increased security measures. Researchers at the University of Massachusetts Amherst have found that an…
Ozon Bank reports a surge in scams tailored to teenagers, involving fake shops, phishing, and gaming frauds, highlighting the need for increased digital safety awareness among minors. Ahead of the new school year, Ozon Bank says a growing share of…
Private banks in India are accelerating efforts to mobilise foreign currency deposits from non-resident Indians ahead of the Reserve Bank of India’s August 31 deadline, lifting rates and employing aggressive marketing tactics amid a shortened window. Private banks in India…
While Indian real estate remains a popular choice for tangible assets, recent analyses suggest that mutual funds may provide greater long-term wealth accumulation, reshaping investor strategies. For many households, the choice between property and mutual funds sits at the centre…
As mutual fund investing becomes more accessible, experts highlight personalised approaches focusing on goals, emergency reserves, and early, sustained contributions for optimal wealth growth. Mutual fund investing is drawing more first-time participants because it allows people to start with modest…
As economic uncertainty persists, financial experts highlight that having multiple income sources enhances household resilience, providing stability and peace of mind amid disruptions, rather than just increasing earnings. For many households, the case for having more than one source of…
