Kia Motors, a subsidiary of South Korean auto major Hyundai, is all set to enter the Indian auto market, which is expected to become the third largest car market by 2020. Kia has been contemplating its entry into the Indian automobile market for many years but had delayed its plans due to the slowdown in […]
When it comes to saving for the future, there is often a conflict of interests while prioritizing between goals. Usually immediate goals like funding our child’s higher education takes precedence over saving for our retirement, which we consider to be an event that will take place, far in the distance. Regrettably, we realise the impact […]
Over the last two decades in India, the demographic of people applying for home loans has witnessed major transformations.
Many Indian students harbour the dream of getting an education abroad for better prospects. Education in India though cheapest in the world, lags behind in quality. Even as recent as last year, none of the Indian universities, including the IIMs and the IITs figured in the list of the "100 most prestigious global universities". […]
Dhruv checks into a hotel and is asked to provide his credit card details at the front desk. Once at his room, he gets a call from a fraudster on the room’s land line. The person on call says that he is from the hotel’s front desk, and informs Dhruv that there are some issues […]
A recent study showed that one out of three customers is dissatisfied with his/her bank and wants to switch. Here’s why: Access and reliability Contemporary banking has transitioned to the Internet, mobile, apps and ATMs. However, some banks have not made the necessary tech investments, while others are not adept at the virtual shift. […]
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In a circular issued on March 3, the Reserve Bank of India (RBI) has asked banks to pay interest to savings account holders on quarterly basis or shorter duration. Currently, only Axis Bank and Yes Bank pay interest on their savings accounts on quarterly basis. The move from half-yearly basis of interest payments to […]
Pursuing higher education overseas is considered to be one of the best ways to get ahead in an extremely competitive world. But with skyrocketing prices for quality education overseas, it is growing extremely difficult for parents to fund their children’s education by themselves. This has led to a near exponential increase in the number of […]
Women are proving themselves in every sphere of life, be it personal or professional settings. The role of a homemaker is increasing with respect to family finances. Recognising these positive changes and the special banking needs of women, many banks have come up with specially designed savings accounts for them. However, what needs to be analysed […]
