Category: General
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
Mar-26 • 3 mins read
Education Loan for Girls: 7 Top Education Schemes for Girls in India
Education is about learning skills and knowledge and it is vital for women as much it is for men. But unfortunately, in India, women are kept away fro
• 2 mins read
Education Loan for MBA – Finance Your Dream MBA Degree
Master of Business Administration (MBA) is one of the most expensive professional courses in India. The MBA courses from top MBA colleges in India is
Feb-18 • 2 mins read
Collateral Loan
What is collateral? It is an asset or property that a borrower offers to a lender as a backup in exchange of a loan. The lender can seize and sell the
Feb-17 • 2 mins read
Why NBFCs are Preferred Over Banks for Personal Loans
In India, the NBFC sector has evolved tremendously over recent years, causing the personal lending (PL) space to improve dramatically. According to th
• 2 mins read
What is EMI? EMI Meaning, Calculation Types, and More
Loans are an integral part of our lives today. We take loans for a specific purpose – be it for buying a home, a car, or sending kids abroad for edu
• 2 mins read
Union Budget 2021: Key Highlights and More
On Feb 1, 2021, Finance Minister Nirmala Sitharaman presented the Union Budget 2021. This was Sitharaman’s third budget under the National Democ
Feb-08 • 5 mins read
What is Debt Financing: Understanding its Meaning, How it Works, and More
Most businesses at some point need additional funding to either expand their business, boost their revenue or increase their company’s value. There
Feb-04 • 2 mins read
FICO for India
What is a FICO Score? Created by the Fair Isaac Corporation, a FICO credit score, is a number that represents a person’s creditworthiness. Banks
Jan-28 • 4 mins read
Explained: How RBI’s Loan Restructuring Scheme Works
The six-month loan moratorium provided the much-needed relief to borrowers during the economic distress caused by the Coronavirus. But, it ended on Au
Oct-30 • 3 mins read
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