Finance

RBI raises collateral-free loan limit for MSEs to Rs 20 lakh to boost credit access

The RBI has amended MSME lending rules to raise the collateral-free loan limit for micro and small enterprises to Rs 20 lakh, aiming to improve last-mile credit access. The revised norms will take effect from April 1, 2026.

RSS chief clarifies controversy on Sangh's finances, explains funding comes from 'guru dakshina'

Speaking at events in Jaipur, Bhagwat said that despite repeated explanations, doubts persist because many find it hard to believe that RSS functions solely on members' dedication and self-funded efforts.

Debt Consolidation vs Loan Restructuring: Which one works best for you? Find out

Choosing between the two depends entirely on your situation. If you’re managing your EMIs but dealing with multiple high-interest debts, consolidation may offer convenience and cost savings.

5 HDFC credit card rule changes you can't afford to miss - Check details

Reward points will be offered on insurance payments, but they will be limited by a monthly cap that varies depending on the type of credit card used.

NPS Vatsalya vs Sukanya Samriddhi Yojana: Which one to choose for your child's future?

NPS Vatsalya offers flexible, market-linked returns for any child under 18, while Sukanya Samriddhi Yojana provides guaranteed, tax-free savings specifically for a girl child under 10.

Top credit card management tips to boost your credit score: Spend smart, stay secure and more

Know effective credit card management tips to maintain a healthy credit score. From limiting usage to monitoring your credit report, discover the best practices to avoid debt and secure your financial future.

Key financial deadlines in December 2024: Aadhaar updates, ITR filing and more | Check details

Key financial deadlines for December 2024 include Aadhaar updates, changes to AU Small Finance Bank credit cards, IDBI Bank FD investments, and belated income tax return filings, all requiring timely action to avoid penalties.

JioFinance app for various financial products, services launched

Jio Financial Services has launched its JioFinance app in India. The app enables users to open accounts, make UPI payments, apply for loans, and more. The newly launched app incorporates feedback gathered during its beta testing phase.

Best ELSS funds to invest in 2024: Top 5 tax-saving funds with up to 81 per cent return in a year

The returns from ELSS investments qualify for tax exemption under Section 80C of the Income Tax Act of 1961. These funds, which primarily invest in stocks, provide higher returns than ones that are focused on debt or gold.

Nirmala Sitharaman launches NPS Vatsalya scheme: Know eligibility, application process and more

NPS Vatsalya Scheme Overview: Finance Minister Nirmala Sitharaman has introduced the NPS Vatsalya scheme, allowing parents to open pension accounts for their minor children. Aimed at securing long-term financial stability, the scheme converts to a regular NPS account when the child turns 18.

Avoid these common investment mistakes which otherwise can cost you dearly

Investment Mistakes: If you are an investor, the most significant measure to minimise your investment errors is to recognise the most prevalent ones. Read full story here.

TV Somanathan appointed new Cabinet Secretary, to replace Rajiv Gauba | Know details HERE

An official order said, "The Appointments Committee of the Cabinet has approved the appointment of TV Somanathan, IAS (TN:87) as Cabinet Secretary with a tenure of two years from August 30, 2024".

The Key To Smarter Savings: Why An FD Interest Calculator Is A Must-Have

FD interest calculator is a must-have tool for anyone looking to make the most of their fixed deposit investments. It offers accuracy, convenience, and transparency, helping you make informed decisions and optimize your savings strategy.

Weekly Horoscope (June 17-June 23): New possibilities in love for Aries; know about other zodiac sig

Weekly Horoscope (June 17-June 23): Know what this week has in store for you in context to your finances, love, and health. Check out the astrology prediction by Chirag Daruwalla, son of astrologer Bejan Daruwalla for all 12 zodiac signs.

Finance Phantom Review - An Incredible AI Trading Robot That Caters The Needs Of All Traders

Jio Financial Services unveils JioFinance App Beta: All you need to know

Jio Financial Services Ltd has unveiled the JioFinance app, which is in the beta phase. This new app has been designed to revolutionize daily financial management and digital banking through an intuitive, user-friendly interface.

LIC plans health insurance foray after historic dividend payout, explores acquisitions

The LIC's move comes after a proposal to introduce composite insurance companies, allowing life insurers to offer hospitalisation and indemnity coverage, pending an amendment to the Insurance Act.

New Tax regime rules to come into effect from today: Check deductions, rebates, changes in tax slab

The rebate limit has also been increased under the new tax regime where for incomes up to ₹7 lakhs, the applicable rebate limit is now ₹25,000.

GST rule change, FASTag deactivation among key financial changes in March 2024 | Check list

The month of March will bring about various key financial changes, impacting the lives of the people. From Paytm Payments Bank to FASTag deactivation, there are several services which will undergo changes in March 2024.