A lot of millennials and Gen Zs take loans to fund their weddings. What’s your view on that? What are some of the things that they should keep in mind before taking a loan to fund their wedding and how should they go about it? Spending large sums of money on weddings is one trend … Read more
In an interview with MintGenie, Singh said that fintechs and NBFCs can play a considerable role in solving the credit accessibility and creditworthiness of SMEs and MSMEs. Edited Excerpts: India has the largest MSME base after China. Keeping that in mind, what trends do you think are dominating the industry right now? Can you highlight at … Read more
UHNI as defined are individuals that operate in large sums of money in terms of incomes and assets. They too are made of flesh and blood, they have a human mind, the only difference is their understanding and relationship with money. The relationship between a high-net-worth individual (HNWI) and their money is often complex and … Read more
Public Provident Fund (PPF) is a super investment vehicle with EEE status – it provides deduction at the time of investment , the interest earned is also tax free and the maturity proceeds are also tax exempt. Currently the rate of interest for PPF is 7.10%. PPF is 100% safe as it is backed by … Read more
The increasing expenses associated with childbirth in India are fueling a greater interest in health insurance policies that include maternity coverage. It is essential to explore the real-life challenges of starting a family, emphasising the necessity for thorough preparation. Maternity insurance emerges as a cornerstone in this readiness, offering essential support for the well-being and … Read more
The financial independence of women is described by the term fiscal feminism and it is becoming popular in India. This term represents women’s freedom in terms of money, especially those who are mothers since they are defying traditional barriers and redefining their roles within the financial sector. The emergence of fiscal feminism India has experienced … Read more
When it comes to savings and investments, one of the key hurdles faced by lay investors includes financial awareness and knowledge. A number of financial literacy campaigns are conducted by a number of government and private agencies. Angel One has launched one such initiative ‘Fin One’ that aims to make youngsters aware about wealth generation via … Read more
Nifty Bank Index vs. Nifty PSU Bank Index Investing in mutual funds that track specific indices is a popular strategy for many investors, offering a way to gain exposure to particular sectors of the market. In India, two notable indices that mutual funds often track are the Nifty Bank Index and the Nifty PSU Bank … Read more
In any financial well-being session, the part which gets the audience visibly excited is when the talk on investing begins. This is not surprising because we all want to create wealth, be richer, and have more money to spend. While it’s true that identifying the right type of investment goes a long way in your … Read more
In an interview with MintGenie, Kathuria said that the repayment period for top-up home loans usually goes up to 15 years, with some lenders offering loan tenures of 20 or even 30 years. Edited Excerpts: Q. Can you summarize how top-up home loans work for existing borrowers? How do they differ from traditional home loans, … Read more