Personal Finance

Picture for representation (Reuters)
6 Pics

Mega merger of PSBs: Here is how it will impact bank account holders

Finance Minister Nirmala Sitharaman on Friday announced mega merger of 10 state-run banks to form four larger public sector banks (PSBs). 

Personal Finance

Ways for deduction of home loan interest

In this week’s case, the taxpayer took a home loan from a nationalised bank for the purpose of house construction – however, instead of utilising the same for construction, the taxpayer, in turn, transferred the loan amount to differen

Personal Finance

Insurance cover can help against theft or damage of your bicycle

I am planning to sell my car. How can I transfer my insurance to the purchaser of my vehicle?

Personal Finance

Paper gold shines the best

Dussehra and Diwali are just around the corner and many will be rushing to buy gold. Given India’s obsession with the yellow metal, many will buy it, even if it’s only a small quantity. 

Personal Finance

How life insurance can offer dual benefit of assured returns and protection

22-year-old Rajiv completed his engineering and has been working with an MNC for the past six months. However, his interest inclines towards photography, and like most millennials Rajiv wishes to retire by 40 and pursue his passion.

Personal Finance

SIP it steadily to build your dream house

The nameplate's shining on the doors of the apartment you bought recently, but behind it is a string of home loan equated monthly installments (EMIs).

Personal Finance

How to start financial planning at age 20

They say there's no time like youth. If you are 20 something, give or take a year or two, and have just started working, you have an immense opportunity to become super-rich.

Personal Finance

Earn good returns with these investment options

Fixed deposits provide safety of capital, instant liquidity, and assured returns. This is why we Indians entrust our liquidity needs to fixed deposits.

Personal Finance

Invest in ULIPs for long term

Investments serve two key purposes to help you reach your life goals. One, to kick-start saving money for all your needs. Second, strategically design an approach to increase the value of these savings.

Personal Finance

Cutting portfolio risks through right strategy

Mutual funds allow investors to achieve a variety of risk/reward objectives. The right mix of funds also helps in reducing the overall portfolio risk.