A “written-off” entry on your CIBIL report indicates that a lender has classified your loan as unpaid after you missed EMIs for an extended period—typically between 90 and 180 days. This classification does not cancel your obligation; you still owe the outstanding amount and your credit score will fall significantly. The only way to remove … Read more

Credit in India has a long history, reaching back to ancient times long before modern money systems were established. Formal credit systems developed later, and over the decades the Indian credit sector has transformed significantly. On the occasion of the Indian Republic’s 71st anniversary, we review this evolution and how lending has changed from early … Read more

If you’ve invested in mutual funds, you’ve likely encountered terms like CAGR, absolute returns and XIRR. While CAGR is useful for lump-sum investments, it falls short when you make multiple investments or withdrawals over time. XIRR (Extended Internal Rate of Return) fills that gap by accounting for the timing and size of every cash flow, … Read more

In recent years, the way Indians manage money has changed dramatically, driven largely by rapid advances in the FinTech sector. From the rise of NBFCs and virtual banking to innovative, paperless financial services, the landscape is shifting toward faster, more consumer-focused credit solutions. One of the latest developments is the emergence of the credit suite … Read more

Environmental protection and conservation are more important than ever. In a world where many organisations and individuals prioritise profit, awareness of environmental issues has steadily increased. Observances like World Environment Day and Earth Day serve as timely reminders of the urgent need to care for the planet. Growing public concern has made sustainable living a … Read more

Are you seeking a secure investment similar to a fixed deposit but with potentially better returns? Consider mutual funds structured as Fixed Maturity Plans (FMPs). These are debt-oriented investments with a predetermined tenure and a lock-in period, offering capital appreciation while maintaining relative stability. Read on to see if an FMP aligns with your financial … Read more

Tax season is here and deadlines have changed. For FY 2024-25 (AY 2025-26), the Central Board of Direct Taxes (CBDT) has extended the last date for filing Income Tax Returns for individuals to 15 September 2025. If you miss this deadline, you can still file a belated return under Section 139(4) until 31 December 2025, … Read more

With a joint bank account, two or more people can manage money together, making it easier to track spending and plan shared goals. You can open a joint account online or at a branch with a spouse, parent, sibling, friend, or business partner. Before opening a joint account, discuss the purpose and ground rules with … Read more

Money, or the lack of it, is a leading source of stress for many adults. When working professionals face financial difficulties, the anxiety often follows them into the workplace, undermining their ability to perform at full capacity. Views on what constitutes ideal financial wellness vary. For some employees, it simply means being able to cover … Read more

Owning a vehicle brings independence, and for many people the first vehicle is a two-wheeler. Riding a scooter or motorcycle is liberating, economical, and a practical mode of transport for daily use. If you’ve postponed buying a bike or scooter because of limited funds or the desire to keep savings for emergencies, consider external financing. … Read more