Saving regularly is a proven way to build wealth steadily, and recurring deposits (RDs) are a simple, disciplined tool to do exactly that. Union Bank of India offers recurring deposits with a variety of tenures, guaranteed interest rates and additional benefits for senior citizens, making RDs suitable for savers who prefer predictable returns and low … Read more
Your credit score is a three-digit number (300–900 in India) that summarizes your creditworthiness based on your borrowing and repayment history. It influences whether you get loans and credit cards, the interest rates offered to you, and the credit limits you receive. A score above 750 is generally considered excellent. The Silent Gatekeeper of Your … Read more
If you are planning to take a loan, it helps to understand what the prime lending rate is and how it affects the interest you pay on credit cards, home loans, or business loans. The prime lending rate is the interest rate that banks offer to their most creditworthy customers. It also acts as a … Read more
Do you worry about managing expenses after retirement? A pension plan provides a financial safety net, delivering a steady income once you stop working. By contributing regularly to a pension scheme, you build a fund that supports you through your retirement years. Continue reading to learn how pension plans work and why they matter for … Read more
In corporate history, prioritizing employee health and happiness to boost workplace productivity is a relatively recent development. Focusing on holistic wellness—beyond just physical health—is even newer. As an HR professional with over 40 years of experience, I’ve seen first-hand how productivity rose dramatically after we implemented a few straightforward policies centered on employee wellness rather … Read more
Students worldwide turned to online classes during the pandemic, and many continue to choose virtual learning because of the convenience and flexibility it offers. After a year of remote learning, more learners appreciate the ability to study from home and fit education around work, family, and other commitments. Online education offers several advantages, including greater … Read more
Many savers choose Recurring Deposits (RDs) because they offer predictable, regular returns every month. This steady income appeal makes RDs a popular choice across professions. While RDs help your savings grow over time, it is important to be aware of the tax implications associated with the interest they earn. This article explains how taxation on … Read more
“We are in the midst of a robust Indian consumer credit market expansion where we are seeing immense growth in both the number of accounts and balances for most major credit products, including credit cards and personal loans,” said Yogendra Singh, Vice President of Research and Consulting at TransUnion CIBIL. The online credit market has … Read more
What is employee experience? Is it only about salary, or is there more that keeps people engaged and satisfied at work? As the relationship between employer and employee evolves, employee experience has come to mean the full range of interactions someone has with their workplace—from recruitment and onboarding to the day-to-day effects a job has … Read more
Moving to a new city without family or close friends can be stressful. Big metropolitan areas often demand higher living costs and greater self-reliance than smaller towns. To help you adjust and manage your finances more confidently, here are practical money-management tips tailored for life in a metro city. Choose affordable housing – Rent is … Read more