A clean credit profile is important when you apply for a credit card, home loan, mortgage or personal loan in the future; and is possible to build through proper planning.…
Category: Banking And Finance
RBI updates auto-debit rules: Here’s what changes for your digital payments using cards, UPI transactions
The Reserve Bank of India, in its ‘Digital Payments — E-mandate Framework, 2026’, announced updates to electronic auto-pay transactions via credit cards, debit cards, prepaid payment instruments (PPIs) and the…
DA: Differences between Dearness Allowance and House Rent Allowance, explained
The Finance Ministry last week announced revision in Dearness Allowance (DA) for central government employees and pensioners (including railways and defence personnel), from 58% to 60% of Basic Pay, with…
Bajaj Finance raises FD rates up to 7.40%: Should you lock in now?
In a move that may interest fixed-income investors, Bajaj Finance Ltd. has raised interest rates on its fixed deposits. The revised rates will come into effect from May 1, 2026.…
NPS unclaimed money: How to recover your funds with interest and secure your pension
Do you have any unclaimed contributions under the National Pension System (NPS)? If so, you should know that such contributions can remain stuck for years, but they are never lost.…
8th Pay Commission: Is the 8th CPC also applicable for state government employees? Top FAQs answered
Established by the central government every 10 years to revise the allowances, pay and pensions of its employees, the Central Pay Commission (CPC) is responsible for decisions on contributions, retirement…
Standard Chartered to sell bulk of Indian credit cards to Federal Bank
will sell a portfolio of 450,000 Indian credit cards to , the latter said on Thursday, as the London-listed lender shifts focus to wealth business in Asia’s third-largest economy. StanChart,…
EPFO campaign deadline tonight: Last chance for employers to enrol left-out employees
Employers across India have until midnight on 30 April 2026 to take advantage of the ‘Employees’ Enrolment Campaign 2025’, a special drive by the Employees’ Provident Fund Organisation (EPFO) to…
Federal Bank to acquire StanC India credit card portfolio
will acquire a select credit card portfolio from UK based Standard Chartered Bank, India of about 4.5 lakh credits cards, the bank said in a statement. Both banks will sign…
Beyond long-only: The rise of adaptive equity investing through SIFs
For decades, long-only equity funds have been the default vehicle for wealth creation. Their proposition is simple: stay invested, ride the economic cycle, and allow compounding to do the heavy…