What is Repo Rate? The repo rate refers to the rate at which the Reserve Bank of India (RBI) lends to commercial banks (for the short term) using government securities as collateral (for the short term). In simpler terms, banks may borrow money from the RBI at the repo rate in order to cover their […]
AI impact on Indian economy by new transformations and emerging opportunities at unprecedented rates across all sectors of India. Nearly all citizens of India must recognize this wave of change. Recent studies conducted by ‘Niti Aayog’ indicate that adoption of AI by various sectors is likely to add $500 to $600 billion to India’s GDP
Loan against silver are now officially regulated thanks to the latest RBI guidelines, giving millions of Indian households new ways to unlock the value of their silver assets. This regulatory framework not only enhances consumer confidence but also paves the way for a more structured approach to leveraging silver as a financial resource. By allowing
A home loan is a type of secured loan offered by banks or other financial institutions like NBFCs and HFCs to purchase, construct, or renovate a residential property, where the property is collateral for the loan until it is completely paid off by the borrower. This text provides a comprehensive explanation of what a home
For borrowers wishing to make prudent financial decisions, getting a personal loan with the lowest interest rate possible is critical. For medical emergencies, weddings, education, and even debt consolidation, the opt loan’s interest rate is a critical factor which determines affordability. In 2025, the personal loans offered by Indian banks have come to be ever
Flipkart Diwali Sale 2025 has arrived with the most anticipated offers, bringing an incredible sale season to India. It’s the best time for you to buy a new iPhone. Whether you’re purchasing the innovative iPhone 16, getting the epitome of Pro, or looking for the best value deal on an older model, there is something
This October signifies an important phase in the evolution of India’s financial landscape, more specifically, in India’s Digital Payments System, since the NPCI introduces new policies for the Unified Payments Interface. UPI P2P Payment Requests Discontinued is especially important for the millions that depend on instant digital payments. We discuss which aspects of the payments
Monitoring your credit score is important for staying on top of your finances and unlocking better loan and credit card rates. In fact, a good credit score can significantly impact your financial opportunities, enabling you to secure loans with lower interest rates and more favorable terms. The most convenient method of doing so in India
