For every individual, whether salaried or self employed, saving money proves to be an essential part of one’s life. Saving money is easier said than done. Every individual aims to save a certain amount of money but end up spending it all. This could lead to several problems in long run when you will be…
Fixed Deposit and Recurring Deposit are the most popular investment products in India, especially if you are looking for a risk free investment. One of the major advantages of making investment in a fixed deposit or recurring deposit is that there are fixed returns over a specified period of time with no risk involved. Bank…
Business, be it big or small, is always in need of funds. Whether the promoters pool in money or raise money from the market depends on the size and business viability. It also depends upon the nature of the business – is it capital-intensive and what is its stage of development, in terms of inception, […]
What is MUDRA? MUDRA (Micro Units Development and Refinance Agency Limited) is a non-banking financial institution established in April 2015 by the Government of India. It aims to provide integrated financial support to the micro enterprises sector. The basic motive of establishing MUDRA is to extend the facility of institutional finance to small business entities […]
A term deposit is a popular investment option which is held at a bank or financial institution. In a term deposit, your money is invested for a specified rate of interest over a fixed amount of tenure. When you invest your money into a term deposit, your money stays with the bank or financial institution…
Entrepreneurship ventures are definitely not a new concept in India, however, in an age where a range of benefits are offered to start-ups, women entrepreneurs are still a distinct minority. In order to spur further growth of entrepreneurial initiative among women, leading financial institutions in India, including nationalized banks, have introduced various loan schemes that […]
Investing for the future is a daunting task. The large number of potential instruments means lots of options but it can also be confusing. For people who have never invested before, questions about the potential risk of mutual funds, equity, etc. can be a major deterrent. But that does not mean that one should let […]
Govt plans to provide credit guarantee, interest subsidy on loans for electronic manufacturers. The Ministry of Electronics and IT has proposed Credit Guarantee Fund (CGF) scheme and Interest Subvention Scheme (ISS) to help the entire electronics manufacturing ecosystem to be more competitive in the global market. These schemes will be provided under a new National…
Gurgaon, November 1, 2018: Paisabazaar.com, India’s largest online marketplace for financial products, today announced the integration of its services on WhatsApp. Paisabazaar.com is one of the first fintech companies in India to integrate its services with the WhatsApp Business solution. This will enable Paisabazaar.com to communicate and engage with millions of its customers seamlessly. “As a business, it’s…
You should not worry about short term volatility when making equity investments. That said, in the short term, rupee depreciation does impact certain mutual funds and it is important to know which funds these are, in such a situation. The following are the top equity investment to avoid during rupee depreciation: Schemes with International Equity…