Page 323 - Personal Finance

Want to save on everyday expenses? Here are the best cashback credit cards

Cashback cards provide direct savings on your purchases by offering a percentage of the amount spent back as cash rewards. It's like getting a discount on every transaction.

First SGB batch to mature on 30 Nov: Will it deliver over 12% returns?

People who invested in the first series of Gold Bonds are about to get bumper returns on their invested. The first Gold Bonds were released in Nov 2015 at Rs. 2,684 per gram.

Upbeat outlook amid stable credit environment, high portfolio yield

Take moderate exposure to these funds, given the potential for defaults and downgrades in their lower-rated portfolios

89% individuals say income tax refund faster now, finds CII survey

The CII Income Tax Refund Survey also found that 75.5 per cent of the individuals and 22.4 per cent of the firm-level respondents did not pay TDS over and above their estimated tax liability

You can save on petrol spends with fuel credit cards: Which are the best?

You can receive the hiked petrol or diesel price as cashback by using a fuel credit card with a cashback feature.

YES Bank hikes FD rates by 25 bps, senior citizens can earn up to 8.25%

According to YES Bank's website, the highest interest rate of 7.50 per cent has been increased to 7.75 per cent for FDs maturing in 18 months to less than 24 months

Pension is a basic entitlement and its payment cannot be denied: HC

A division bench of Justices G S Kulkarni and Jitendra Jain on November 21 said such a state of affairs was totally unconscionable

SBI-backed payment aggregator Cashfree unveils first no-code KYC link

KYC Link facilitates easy verification through SMS, email, or WhatsApp.

Explained: The pros and cons of linking RuPay Credit Card to UPI

The National Payments Corporation of India (NPCI) is looking for ways to encourage RuPay credit card payments linked to the Unified Payments Interface (UPI) by addressing challenges in its adoption

Savings stagnate for Indians in 2023, MFs pip FDs as top investment choice

Mutual funds are the number one investment choice for Indians, followed by fixed deposits. However, a majority still prefer to park their capital in savings bank accounts.

Risk weight hikes by RBI: Maintaining credit score now more crucial

If you're finding it difficult to secure a personal loan or credit card, be prepared to offer some collateral

Thematic mutual funds gain popularity; attract Rs 14,000 crore in 5 months

Thematic mutual funds category has been attracting regular inflows since June. Before that, the segment saw a net withdrawal of Rs 169 crore in May

Record visa applications processed for Indians in 2023: US Embassy

The announcement was made on the same day as US Ambassador Eric Garcetti revealed plans to bolster staff and open new consulates, including in Ahmedabad

Rs 3 lakh is the median sum insured offered by India's employers: survey

Fifty-six per cent of companies offer maternity benefits, while less than one per cent of companies offer holistic cover for people with disabilities and 60% of companies offer new age insurance

NFO alert: DSP Mutual Fund launches DSP Banking & Financial Services Fund

The New Fund Offer for DSP BFSF will open for subscription on November 20, 2023, and will close on December 4, 2023

Manufacturing tops insolvency cases, real estate a close second

The recovery rate from personal guarantors currently stands at 5.22%. This rate is anticipated to rise following the Supreme Court's recent ruling affirming the constitutionality of the IBC provisions

Now, senior citizens can enjoy high and guaranteed returns for long term

Since there are penalties for premature withdrawal, take liquidity needs into account

New rules of NPS: Should you opt for systematic lump Sum withdrawal?

In a circular dated October 27, PFRDA proposed to provide the option of phased withdrawal of the lump sum through Systematic Lump Sum Withdrawal (SLW) facility

7 key changes to Senior Citizen's Savings Scheme: All you need to know

The Senior Citizen's Savings Scheme (SCSS), designed for individuals aged 60 years or employees above 55 years of age and below 60 years of age, offers 8.2 per cent interest per annum

RBI ban on 2 Bajaj Finance e-lending products: How it impacts borrowers

Last week, the Reserve Bank of India (RBI) ordered Bajaj Finance to stop issuing new loans through its 'eCOM' and 'Insta EMI Card' due to non-compliance with the digital lending guidelines.