In its December meeting, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) opted to maintain the repo rate at 6.5 per cent, extending a streak of five consecutive meetings with no changes. This decision, as anticipated by analysts, underscores the MPC’s prudent strategy of carefully managing inflationary concerns while concurrently fostering
Reverse mortgages are better suited for senior citizens who need a regular source of income, while Loan Against Property is a secured loan and can fund a wide range of requirements. Are you looking to access additional funds by leveraging your home equity? Reverse Mortgage and Loan Against Property (LAP) are two standard options to
As the year comes to a close and the holiday season is upon us, it is only fitting to take a moment and reflect on the financial wisdom that Santa Claus can teach us. Santa, known for his generosity and ability to deliver gifts to children around the world, can also impart valuable lessons when
Depositors are accustomed to choosing a bank based on a number of factors which include rate of interest they offer, customer-friendly services they provide and the word-of-mouth feedback. Besides large commercial banks, small finance banks also offer good interest rate on their fixed deposits. Here, we give a lowdown on small finance banks which offer
Regardless, there has been a lot of student loan news to keep track of this year. Here’s a quick recap of the biggest student debt stories, plus updates to look out for in 2024. Many federal student loan borrowers entered 2023 hopeful to see President Joe Biden’s campaign promise to forgive student debt come to
Q. I’m Ranjana, an entrepreneur. I’m planning to invest in startups and private equity. What are the potential returns and risks associated with these investments? How can I get started in this asset class? Investing in startups and private equity can offer the potential for high returns, but it also comes with substantial risks. Potential
The gift-giving season is here. If you are like a lot of people, this means you have brainstormed presents to give your children and grandchildren. While it may be tempting to purchase items like toys and clothes that can be enjoyed immediately, you may want to consider gifts that will provide value to the recipients
At its best, social media helps expose young people to advice on how to save money or climb out of a mountain of credit card debt. But these platforms can also allow for the quick spread of financial misinformation. When it comes to personal finances, social media has become “a blessing and a curse,” Brian
Any wealth manager worth their salt would tell you that the large cap funds are the safest investment followed by mid-cap, and the small caps are among the most volatile, offering unpredictable returns. But when it comes to returns, small and mid-cap can outpace their larger peers, although for a short duration. In the year
These mutual fund and ETF investing tips put your portfolio in a giving spirit
Published: Dec. 23, 2023 at 3:15 p.m. ET Don’t miss these top money and investing features: INVESTING NEWS & TRENDS ‘The switch was flipped’: ETF flows pick up as stocks, bonds head for 2023 gains U.S. stocks and bonds are up in 2023, in a big rebound from a brutal 2022. Read More Star stockpickers