Category: Finance
Millennials and Credit Scores: Credit-Conscious Millennials Leading the Way in Rising Credit Score Trends in India
India has more than 400 million millennials—those born between 1982 to 2000— accounting for a third of India’s population and representing 4
May-15 • 3 mins read
What Is Insolvency and Bankruptcy Code (IBC)?
What is IBC? IBC (Insolvency and Bankruptcy Code) is one of the biggest insolvency reforms that the parliament implemented in November 2016 to bring u
• 2 mins read
What Is Non-Performing Asset (NPA): Types of NPA, Its Impact and More
What Is Non-Performing Asset (NPAs)? A non-performing asset (NPA) is a loan or advance in default or in arrears as the principal or interest payment i
• 5 mins read
Key announcements from RBI Monetary Policy meet
The Reserve Bank of India (RBI) has once again reformed its Monetary Policy to encourage the participation of non-banking platforms. Whereas, the real
Apr-09 • 3 mins read
Why is Calculating APR Crucial Before Taking a Loan?
What is the first thing you considered while taking a loan from any bank? Most people will answer the interest rate! You assume that the bank offering
Apr-08 • 3 mins read
How Does Good & Bad Credit History Affect Your Credit Profile?
Introduction to Credit History Your credit history tells about your borrowing behaviour. It is a mirror of how responsible you are about your debts. Y
• 2 mins read
Direct Tax Meaning & its Significance in Running the Economy
Direct Tax Meaning The taxes directly levied on a person or organisation by an authorised entity are called direct tax. These types of taxes need to b
• 3 mins read
Detailed Information on How to Manage Debt to Income Ratio
The debt to income ratio is a threshold to measure your creditworthiness. Let us explain to you whatever you need to know about debt to income or DTI
• 2 mins read
CVV Number: What It Is, How It Works and More
When you make an online purchase using your credit or debit card, the card number and the expiration date are not the only information you are asked f
Mar-26 • 2 mins read
How Repo Rate and Reverse Repo Rate Control Inflation and Money Flow?
What is Repo Rate? The interest rate at which the Reserve Bank of India or the Central Bank lends short term money to banks in the event of any shortf
• 3 mins read
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