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Press ReleaseYearly Archives: 2024
A new car loan is arguably a convenient way of financing the purchase of your dream car. Repayable in Equated Monthly Instalments (EMIs), a bank loan enables you to bring your dream car home without depleting your savings or making any major changes to your lifestyle. Of course, your overall cost of borrowing affects the…
The need for a secure and efficient payment settlement mechanism in India led to the introduction of real-time settlement – RTGS. This fund transfer option has become a cornerstone of modern banking over time. RTGS system helps to facilitate time-sensitive, large-value payments instantaneously. RTGS Definition: Meaning and Full Form The full form of RTGS is…
Imagine this: you are on your way to the office on the train, and you realise that you must pay the maintenance bill by the end of the day. Instead of panicking, you can take out your phone and pay with the help of online banking. Mobile banking apps provide the same services as regular…
Managing money isn’t just about saving. It’s also about knowing where to save. For most of us, the choice often comes down to two familiar options: a savings account or a fixed deposit. They both help you grow your money, sure—but they’re built for different kinds of savers. So, which one’s right for you? That…
Fixed deposit is one of the most preferred and reliable investment options sought by individuals seeking stability and guaranteed returns. The reason for their popularity is the security and guaranteed returns they offer on the invested amount. Nowadays, the financial market has numerous lucrative products, be it systematic investment plans, unit-linked investments, or traditional fixed…
