Page 2 - Finance

Securitisation volumes see a slump sequentially in Q4FY25, says ICRA

A few players, including private banks, who securitised higher volumes in Q2 & Q3, were less active in the final quarter of the financial year, analysts and bankers said

HDFC mutual fund starts tap-based WhatsApp service for SIP, lump sum

Customer should message +91-82706 82706 to avail of the facility. Tap2Invest supports multiple payment options, including UPI Autopay, net banking

Punjab & Sind Bank, Indian Bank extend FD rates of up to 8.5% till June 30

Punjab & Sind Bank has discontinued tenures of 333 and 555 days, offering interest rates of 77.2 per cent and 7.45 per cent

DA arrears for central govt employees: Check payment date & amount received

Government employees will receive arrears for January, February and March 2025, along with April salaries

Missed advance tax deadline? Salaried person can still avoid interest

Failing to pay advance tax or adjust TDS in time may attract interest under Section 234C for delays and 234B if 90% of the total tax remains unpaid by March 31

Stable returns, flexible tenure: Why do you need FDs in your portfolio?

Fixed deposits ensure that the principal amount invested is preserved. Investors can rest assured that they will receive their initial investment back along with accrued interest at maturity

Mahila Samman Savings allows 40% partial withdrawal: Invest before 31 March

The Mahila Samman Savings Certificate is a special savings scheme launched on April 1, 2023 and is valid until March 31, 2025

Multi asset allocation funds: Investment option in a volatile market

Such funds allocate investments across various asset classes, including equities, debt, and sometimes commodities like gold

Thailand plans to cut visa-free tourists' stay from 60 to 30 days

The new visa restrictions could affect long-term visitors, including digital nomads, remote workers, and retirees, many of whom depend on visa-free stays to extend their time in the country

No credit card? Here's how to build a strong credit score without it

It is essential to remember that consistent payment of loan EMIs and managing existing bank accounts responsibly contribute to a stronger credit profile

Beware! LIC warns customers against fraudulent calls, fake claims

Country's largest insurance company urges customers to avoid divulging sensitive policy or banking details in response to unsolicited communications

Tata AIA launches Shubh Flexi Income Plan for smart savings and life cover

The plan caters to a wide range of financial objectives with its three tailored options

Start finance journey with life & health insurance: Nithin Kamath

Health and life insurance are foundational elements of financial security-they protect against medical emergencies and provide long-term stability for families

Paytm introduces UPI Trading Blocks with auto payment from bank accounts

Paytm UPI users can now set up automatic payment deductions directly from their bank account for trades, without having to transfer large sums to their trading accounts on brokerage apps

RBI advises NBFCs to curb perpetual credit lines over risk concerns

The RBI has cautioned NBFCs on perpetual credit lines, citing risks of loan evergreening and financial instability, urging lenders to slow down issuance of such flexible credit products

No credit profile? Here is what you can do to have a robust score

Build your credit profile by applying for a secured credit card backed by a FD to build your credit profile

8th pay commission: When will it be formed & how govt salary is calculated

The salary revisions will now depend on the 'fitment factor', a multiplier that is applied to the current basic pay

ICICI Prudential launches 'Pru GIFT Select' for guaranteed income

This product offers flexibilities to customers such as choosing when they want the guaranteed income to start, the duration of the guaranteed income & the amount that they get at the time of maturity

PNB urges customers to update KYC by March 26 to avoid account restrictions

The KYC update can be done by visiting PNB branch, using the PNB ONE mobile app, Internet Banking Services (IBS), or sending the required documents via registered email or post to their base branch

ITR to UPI: Money changes in March that will impact you financially

If you have chosen the old tax regime, ensure that your tax-saving investments under Sections 80C, 80D, 80G, and others are made before March 31, 2025, to maximise tax benefits