How to analyse banking stock: CASA Ratio
Our finance minister (FM) recently announced that the major portion of the budget is dedicated to infra and the CAPEX boost. Because of the infra and CAPEX boost our economy’s…
Personal Loan EMI Calculator: Are You Paying Extra?
In this high-budget world, not everyone is born a millionaire. Unless we have a never-ending source of income, we need to care about our expenses. But along with the money…
Top 10 Best Credit Cards in India 2020-21
Top 10 Credit Cards Annual Charge Best Suited For Minimal Income Required# The American Express Membership Rewards® Credit Card Rs. 1,000* Rewards Rs. 40,000 p.m. for candidates under 32 years of age; Rs. 50,000 p.m. for others Simply CLICK SBI Card…
Difference between Simple Interest and Compound Interest
Simple Interest vs. Compound Interest Interest is the price of borrowing money, where the borrower pays a charge to the lender for the loan. The interest sometimes expressed as a percentage could be both simple or compounded. Simple interest is based on the principal amount of a loan or deposit. Simple Interest and Compound Interest In contrast, compound interest is based on the principal amount and the interest that accumulates…
Banks to install contactless ATMs to prevent touch.
With reduced hand contact becoming the norm in the wake of the coronavirus pandemic, banks are set to deploy contactless ATMs. A prototype has been developed by payments company AGS…
Difference between Savings and Current Bank Account?
When I was a child, I used to save my pocket money in a piggy bank. Each time I wanted some cash, I used to shake my piggy bank and…