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The term Thrift Store refers to marketplaces where you can buy second-hand items. In foreign countries, especially in Europe and America, physical thrift stores have been operating for a long time and are very popular.
A home loan is considered a secured loan for which the customer has to pledge his house as collateral with the bank as a guarantee
Improved financials, strong cost-cutting measures and concerted efforts to achieve profitability have yielded positive results, which is showing on their balance sheets. But don't rush to buy these stocks just yet.
IPOs are back in trend and a lot of companies are looking towards capital markets for raising funds.
The EPFO has divided PF accounts into two categories – active and inactive. Those accounts where regular contributions are made fall under the active category and those not receiving any money for 36 months are considered inactive.
Liquid funds come under debt mutual funds. They invest in debt instruments and money market securities maturing in 7 to 91 days. There is no lock-in period for liquid funds.
Indian markets are currently experiencing a bull run. Most people would look to exit now, book a handsome profit and stop their SIPs. Don't be most people. Stay invested in the market to reap the most of it.
Equity mutual fund managers may face hurdles due to the upcoming merger between Housing Development Finance Corporation and HDFC Bank, as most of them currently struggle to beat or even meet returns generated by their respecitive benchmarks
Now, insurance companies can launch group unit-linked insurance plans and combo plans (life and health insurance plans) without seeking approval from the regulator. Soon, you will be able to avail the benefits of all types of insurance in a single policy.
An increasing number of banks are reluctant to let customers move out of their ecosystem and allow the fintech entities partake of the gains. Banks now want to retain the customers in their universe.