People when stuck in a financial emergency tend to apply for personal loans. These loans are tailor-made to support your sudden financial crunch. However, its high interest rate makes it quite stressful on the pocket. Moreover, what if you are not eligible for personal loan? Or what if the loan amount you need is much…
We, Indians love gold. We see it not only as a symbol of wealth and prosperity but also as an investment that hedges the effects of inflation. The precious metal if included in an investment portfolio helps in neutralizing the effects of other high-risk investment instruments such as mutual funds and stocks. Despite being a…
The Reserve Bank of India (RBI) had introduced Marginal Cost of funds based Lending Rate (MCLR) on April 1, 2016, to make up for the limitations of Base Rate, which was the lending rate benchmark at that time for all retail loans extended by commercial banks. However, the delay by banks in passing on the…
