Hitesh Mali 
The Reserve Bank of India (RBI) is ready to tighten the screws on gold loans and very thoroughly address the already-known gaps in the current framework. Golak Mathur, RBI Governor, expressed this during the announcement on the monetary policy on April 9. The announcement has raised panic among borrowers and lenders regarding the future. Gold … Read more
In an unexpected move for customers, Kotak Mahindra Bank has instantly modified interest rates on fixed deposits (FD) just hours after the Reserve Bank of India (RBI) lowered the repo rate. A private-sector lender reduced the rates for specific tenure FD by up to 15 basis points while leaving depositors bothered regarding lower returns from … Read more
SIP investment: According to financial wisdom shared at the Rising Bharat Summit 2025, financial discipline is a life skill much needed by the youth of today. Many youngsters want instant gratification; they become impulsive when spending money and unable to comprehend the concept of risk. This culture has led young minds to taste the bitter … Read more
After a recent reduction of the repo rate of 25 basis points, effective from April 9, 2025, a spontaneous wave of interest rate cuts in the banking sector has come about, thereby granting some relief to borrowers. Two big banks (Indian Bank and Punjab National Bank) have hurried to benefit their customers by lowering their … Read more
It’s a delightful piece of news for the government employees and pensioners in Uttar Pradesh. Under the regime of Chief Minister Yogi Adityanath, an announcement regarding a 2% addition in Dearness Allowance was made, and the percentage increased from 53 to 55. This will include all those employees and pensioners facing a lot of financial … Read more
If you are above 60 years of age and on the lookout for a safe and rewarding investment option, the SBI We Care Scheme could be the one for you. Exclusively structured for senior citizens, this FD scheme pays higher interest rates than ordinary FDs, thus guaranteeing you stable returns and financial security during your … Read more
Recording a relative balance between optimism and caution, the Reserve Bank of India (RBI) preferred 25 basis points of cautious repo rate cuts that would make room for any contingencies of the global economy and weather disturbances. The announcement on April 9 indicates the central bank’s well-calibrated approach toward supporting growth while keeping an eye … Read more
The Unique Identification Authority of India (UIDAI) has taken the initiative in providing an Aadhaar card, which is now an indispensable document for every Indian. People need to produce the physical Aadhaar card or a photocopy, be it for verification at the airport, check-in at the hotel, or any other office purpose. This inevitably raises … Read more
It’s a great time to be a safe investor who wants guaranteed returns. Bank of Baroda, one of India’s largest public sector banks, has come up with a special fixed deposit (FD) product, which will offer enormous interest rates for only a limited period. This FD, aimed mainly to give your savings a solid boost, … Read more
Are you looking for a straightforward yet potent means of securing your financial future? What if we told you that investing just ₹200 daily could help you with a mathematical path to a great ₹20-lakh fund over time? Sounds too good to be true? Let’s break down the math and explain how the LIC Jeevan … Read more