Government Has Brought Credit Card Spend Under LRS Ambit

Government Has Brought Credit Card Spend Under LRS Ambit Home Blog Government Has Brought Credit Card Spend Under LRS Ambit The Central Government has changed the Foreign Exchange Management Act guidelines to include credit card spending outside of India under the Liberalised Remittance Scheme (LRS). As a result, from July 1, such credit card transactions […]

What happens to a person who is unable to pay his debts?

What happens to a person who is unable to pay his debts? Home Blog What happens to a person who is unable to pay his debts? Money problems often lead to many people losing their finances for various reasons. While few people are prepared for unexpected hardships, others fail to cope with them. Having to […]

RBI Observed Financial Literacy Week in February

RBI Observed Financial Literacy Week in February Home Blog RBI Observed Financial Literacy Week in February CLICK HERE TO CONNECT WITH US ON WHATSAPP The Reserve Bank of India (RBI) has declared February 14 to 18 as financial literacy week in order to promote financial education among the public. The program is aimed at educating […]

The 900-Credit Score: What it Means and How to Get One

The 900-Credit Score: What it Means and How to Get One Home Blog The 900-Credit Score: What it Means and How to Get One CLICK HERE TO CONNECT WITH US ON WHATSAPP Your credit score is the most important factor affecting your future purchases. This three-digit number indicated your creditworthiness or the likelihood that you’ll […]

Money Management Basics: Top Tips for How to Manage Your Money

Money Management Basics: Top Tips for How to Manage Your Money Home Blog Money Management Basics: Top Tips for How to Manage Your Money CLICK HERE TO CONNECT WITH US ON WHATSAPP From paying off debt to maintaining savings for the purpose of emergency savings in the bank, your financial fate hinges on key management […]

What Is a Zero Balance Account (ZBA)?

What Is a Zero Balance Account (ZBA)? Home Blog What Is a Zero Balance Account (ZBA)? CLICK HERE TO CONNECT WITH US ON WHATSAPP A zero-balance account (ZBA) is pretty much exactly what it sounds like: a checking account in which a balance of zero is maintained. When funds are needed in the ZBA, the […]

Recurring Deposits

Recurring Deposits Home Blog Recurring Deposits CLICK HERE TO CONNECT WITH US ON WHATSAPP The Reserve Bank of India, has over the years introduced various schemes to educate the public on how to save money. One of the key directives issued by RBI was the introduction of term deposits and the interest applied on such […]