Income funds advised when interest rates increase

RBI raised its key interest rates by 50 basis points recently. It will raise interest rates. When prices are at their peak, experts advise investors in money market funds. Income Fund is a mutual open schema that invests in debt instruments of different periods for income generating regular coupon payment instruments. The fund invests in […]

Benefits for NRI by buying Properties in India

There are many families where the children are working abroad. However, the parents stay back in India. Having made a good amount of money, many of these non-resident Indians (NRIs) and persons of Indian origin (PIO) intend to come back to India later. Also, they see India as a safe and good investment option. Investing […]

Improve your credit score

A CREDIT SCORE is a measure of how diligently you make payments relevant to loans, credit cards, telephone bills, insurance premiums, rent cheques and so on. Credit Information Bureau (India) Limited (CIBIL) , which collects your credit information from banks will soon be keeping your credit scores on the basis of your bill payments too. […]

Higher demand for retail loans in tier II cities

Rising income levels and a greater propensity to consume in India’s tier-2 cities has created an attractive opportunity for retail finance players, a CRISIL study has said. The study, retail loan products: opportunities and risks beyond the metros and mini-metros, has detailed the current market opportunity, growth prospects, emerging competitive scenario and key operating parameters […]

IIFL to enter educational loan segment

Financial Services provider India Infoline (IIFL) is planning to enter the educational loan segment by this financial year. “The education loan segment would cater to higher institutions. IIFL has also entered the healthcare loan segment recently,” Mukesh Kumar Singh, senior vice-president (Gold loans), IIFL, said addressing the media here on Tuesday. India Infoline Investment Services […]