Personal Finance Print

Your money: Loan growth showing signs of moderation

Loan growth for the industry has declined to 12% in 1QFY20 compared to 15% last quarter due to deceleration in retail demand, slowdown in auto loans and two-wheelers has led to slightly moderated growth trends 1QFY20.
money, Loan growth, moderation, Loan, HDFC Bank, BOB, bank of baroda, corporate loans, PSU bank News

Stock Markets: Promoters pledging shares; is it a danger signal?

Before investing, investors must analyse the reasons for the company pledging shares. However, if the quantum of pledged shares is increasing then it becomes a worry and investors must stay away from

Stock Market, shares, danger signal, Market news, BSE 500 Index, BSE, Eveready Industries, Lemon Tree Hotel, Orient Electric, Chambal Fertilisers and Jindal Steel, Powser News

For good returns, equity investment should be held for these many years

A longer horizon allows a fund manager to stick to stocks wherein he has high degree of conviction, which may need time to play out depending on the stage of the economic cycle.

Sriram City Union Finance, NCD, NBFC, MSME, MSME financiang, industry news

Do you ask the right question before deciding on investing?

And these questions should then lead to the asset allocation and the expected returns on the investment. But invariably, the first question one asks is: What is the return I can get?

question, personal finance, savings, equity, debt, market, investment News

Why financial planning is essential early in your career

Try to save 30% of your net-of-tax earnings and don't fall prey to debt traps by spending more than your earnings.

financial planning, career, savings, personal finance, credit card, EMI, savings News

Taking a home loan? Five steps to plan your home loan EMIs

If you do not have existing debt, lenders ask you to pay 40% of your income towards loans. If you sense you will earn a higher salary in the future in the form of hikes, bonuses, incentives, you can c

Money, Money news, Five step, home loan EMI, EMI calculator, EMI payment, family costs, medical fees, kids expenses, lifestyle expenses, personal expenses, tax guru,  News

Lock in higher rate of return on annuities now

With interest rates falling, insurers are likely to reduce the annuity rate. Those aged 50 and above must buy annuity policies at current rates to enjoy high income rest of their life

higher rate, return, personal finance, money, RBI, Indian economy, low interest income, Dai-ichi Life Insurance, Life Insurance News

Non-convertible debentures: Four factors to consider when investing in NCDs

Investors need to consider aspects such as safety, liquidity, diversification and tenure of investment

NCDs present an attractive and tax-efficient route to invest, for conservative investors looking to get regular income with safety of capital. (Illustration: Shyam Kumar Prasad) News

Life insurance: Strong growth momentum in individual business

HDFC Life, Max Life, Tata AIA, Birla Sun Life & Bajaj Life delivered strong growth in individual APE in July

ICICI Prudential Life’s individual APE growth was flat y-o-y while SBI reported 24% y-o-y rise. (Illustration: Shyam Kumar Prasad) News

Stock markets: Know how factor investing works

Allocating investment capital to factors could be a better way to diversify rather than allocating across asset classes as it will help to reduce risk and increase returns

The BSE and the NSE have launched the factor indices at the end of 2015 and the middle of 2017, respectively after MSCI launched the world factor indices. (Illustration: SHYAM Kumar Prasad) News

Personal loans are also on floating interest rates

Very few bank loans in India are on a fixed interest rate basis. Personal loans are also on a floating rate.

Indian Overseas Bank, IOB, home loan, personal loan, Micro, Small and Medium Enterprises, MSME, MCLR News

Health insurance: Towards a simpler customer journey

Regulation has broadened the scope of coverage and made it more inclusive—mental illness and HIV are now under the ambit of health insurance.

A current pain point for customers is that health insurance policies are too complex to understand. (Illustration: SHYAM Kumar Prasad) News

Money received from certain relations exempt from income tax

Salary received from all the employers during the financial year will have to be clubbed to arrive at your total income and be taxed accordingly.

income tax, monetary gift, Income Tax Act, taxable monetary gift, money news

Explained: How to choose a term insurance policy

The insurance companies and aggregators offer term insurance calculators on their sites that help in analysing which plan suits you better.

term insurance, term insurance policy, life insurance policy, term policy, life insurance plans, term premium calculator News

Mutual Funds: To stay invested or exit? Check these four points first

The BSE Sensex is trading lower compared to the 1-year-ago and 3-months-ago levels, while it is flat compared to its level 6 months ago. In the past one year, small cap and mid cap funds have offered

Mutual Funds, Indian stock markets, stock market, equity portfolios, BSE Sensex, money News

Know the risk inherent in bonds and how to mitigate them

The degree of interest rate risk associated with a given bond depends on the size and timing of the cash flows, interest and principal, from that bond.

bond market, portfolios, fixed-income securities, portfolio management, fixed-income instrument, interest rate risk News

Income Tax Return 2019: 7 benefits of filing your income tax return

ITR Filing: Make sure to file your income tax return on or before the due date of August 31, 2019 to avoid penalties.

Insurance, income tax return, income tax return filing, Income Tax Act, Easy loans, TDS refunds News

Your money: Decline in stock prices – Time for some bottom-picking

Investors have a choice of expensive consumption-related stocks as they brace for near-term ructions arising from further escalation in China-US trade issues and HFC-real estate liquidity/credit issue

stock prices, China-US trade, housing finance companies, estate credit situation, domestic growth News

Motor Insurance: RC needs to be canceled in case of a total loss

The depreciation rate is 15% for vehicles less than one year; 20% for one to two years; 30% for two to three years; 40% of three to four years and 50% in case of four to five years.

Motor Insurance, Certificate of Registration, stolen vehicle, Development Authority of India, law enforcement authorities News

Bond Yields: Negative bond yields abroad won’t affect your portfolio

While the movement in equity markets in one part of the world influences markets in other parts, the impact of global negative bond yields on India will be limited

Central government bonds, rbi bonds, foreign portfolio investors, fpis, FPI category, FPIs for investment, RBI rate formulation, RBI Monetary Policy Committee News

Fixed income: Small savings get attractive as banks cut FD rates

With some debt funds reporting wealth erosion, retail investors are looking at safer avenues such as bank fixed deposits and post office savings schemes to park money

Small Savings Schemes, Small Savings Schemes interest rates, interest rates hiked, PPF, News

Financial planning: The opportunity cost of a lavish wedding

Instead of splurging on your wedding, it is better to utilise the money to buy a home, travel the world, or just save for a rainy day

Wedding costs, how to reduce Wedding costs, how to plan Wedding costs, wedding planning, getting married, financial planning for marriage, dream wedding, marriage, budget News

ITR forms 1 and 2: Do you know the new norms?

Changes in income tax return forms that you should be aware of as you file returns for FY2018-19

income tax return, what is income tax return, ITR 2 Form for AY2018 19, ITR Form 1 Sahaj, ITR, ITRs online, PAN card News

Life Insurance: More customer-friendly products in the offing

Irdai has introduced changes in filing new or modified products and procedures for modifications of the existing products.

Insurance News
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