If you are a parent and looking for smarter ways to teach your children the value of saving, there are several banks that offer zero balance savings accounts designed especially…
Category: Banking And Finance
Mutual Fund Returns Explained: CAGR vs XIRR vs Rolling Returns — how each metric impacts investment outcome
When investors look at mutual fund performance, the biggest mistake is assuming that “one return number” tells the complete story. In reality, CAGR, XIRR, and rolling returns measure three completely…
I asked ChatGPT: How to spend money ‘guilt-free’; AI suggests ‘Anti-Budget’; check the comprehensive plan
I acted like a 27-year-old Hyderabad-based professional struggling with money anxiety. I asked ChatGPT a pointed question: “Am I bad with money, or simply exhausted by overthinking it?” My ChatGPT…
How credit card interest works: Even a ₹100 unpaid bill can hurt your pocket
Credit cards are a commonly used payment tool that allows users to borrow money from a bank or card issuer up to a pre-approved limit. When used responsibly, they can…
RBI imposes restrictions on Etawah-based Nagar Sahakari Bank for 6 months
Mumbai: The Reserve Bank on Monday imposed several restrictions on Etawah-based Nagar Sahakari Bank, including capping per customer withdrawal at Rs 10,000, necessitated due to supervisory concerns, for six months.…
Liberty Mutual Insurance raises stake in Indian arm to 74 pc
New Delhi: US-based on Monday announced that it has increased its shareholding in (LGI) to 74 per cent. This development follows the earlier increase in Liberty Mutual’s stake from 49…
Want better returns than FDs? Here are top five government-backed schemes you can consider
Bank fixed deposits are a preferred investment option for parking excess cash, especially for risk-averse investors seeking stable, assured returns on their principal. As of May 2026, FD rates offered…
I asked ChatGPT how much emergency fund I would need on a 10 LPA salary amid tech layoffs — Here’s what AI said
I asked ChatGPT to help me create an emergency fund for an unforeseen situation, considering the current layoff scenario. Here’s what the AI suggested: My ChatGPT prompt Given the current…