The banking sector constantly evolves, and the concept of a “bad bank” has gained prominence, particularly during financial crises. But what exactly is a bad bank and how does it operate? A bad bank is a specialised financial vehicle created to acquire and manage non-performing assets (NPAs) or distressed loans from conventional banks. In essence, … Read more

Leveraging the limitations of traditional credit systems, peer-to-peer (P2P) lending has gained traction across the country. In this model: Individuals borrow from within communities to meet financial needs No formal financial institution acts as the intermediary Read on to learn how this lending model works, its benefits, risks and tax implications. What is P2P Lending? … Read more

Loan syndication is the process by which multiple lenders jointly provide credit to a single borrower. These syndicated loans are typically used to finance large, complex expenditures, such as: Business expansion Infrastructure projects undertaken by a company Acquisition of another business Mergers with other companies Understanding what loan syndication means and how the process works … Read more

Your CIBIL score is updated based on several factors, including recent credit activity and how promptly lenders report transactions to credit bureaus. Before applying for any credit, keep these essentials in mind: Check your most recent credit score and use that figure when applying for a loan Monitor your score regularly to ensure payments and … Read more

A wedding is a major celebration of love and often comes with significant expenses. A personal loan can help you plan the day you’ve always wanted without compromising on important elements. In India, weddings are often elaborate events that include multiple ceremonies and gatherings. Even if you are ready to start the next chapter of … Read more

If you need to withdraw a fixed deposit (FD) before it matures—either partially or fully—you should be prepared for paperwork and potential penalties. Understanding the process and consequences beforehand will help you make an informed choice when an emergency arises. In the event of an unexpected financial or medical need, you can liquidate your FD … Read more

WhatsApp banking lets you access basic banking services—such as balance enquiry, mini statements, account updates, service requests and customer support—directly through WhatsApp. To get started you typically save your bank’s official WhatsApp number, send a greeting like “Hi” from the mobile number registered with your bank, and select a service from the chat menu. This … Read more

Investing can feel overwhelming for beginners. With choices ranging from stocks and bonds to mutual funds and ETFs, deciding where to put your money is not always straightforward. A Fund of Funds (FOF) is designed to simplify this process by offering exposure to multiple funds and fund managers through a single investment vehicle. Rather than … Read more

Need cash urgently before your next salary arrives? Instant loan apps designed for salaried employees can provide fast access to funds. These apps let you check eligibility online, apply, complete KYC and, if approved, receive money directly into your bank account—often within minutes—without visiting a branch. Such apps are helpful for short-term needs: paying a … Read more

Dreaming of exotic destinations is common, but travel always comes down to money—and most of us don’t have unlimited funds. Crossing items off your bucket list on a tight budget is challenging but entirely possible with careful planning and smart choices. Many travelers overspend by making avoidable choices, then resort to large loans to cover … Read more