Personal Finance Blog

Sovereign Gold Bonds (SGB), issued by the Reserve Bank of India (RBI) in November 2015 on behalf of the Government of India, are not like any other government bonds- They are bonds backed by gold. SGB are RBI ...

Posted by Fintra Editor 2023-02-04

It's always believed that lifestyle is a preference, some like to keep it simple, while others love to make it their priority. Hence, those who love going out to movies, restaurants, clubs, holidays, shopping, and so on, should glance and opt for a lifestyle credit card....

Posted by Fintra Editor 2023-01-16

Gold has always been a popular investment choice due to its stability and ability to protect against market volatility. A majority of smart investors allocate a part of their portfolio into gold. Historically, gold has given 11% returns per annum and has been treated as ...

Posted by Fintra Editor 2023-01-05

While digitisation has made it easier to get loans, you still have to qualify for these instruments. This is why it is important to do a credit score check as lenders do not approve all applications. They assess your profile and this is where your credit score comes into...

Posted by Fintra Editor 2022-12-30

On 1 December 2022, the Reserve Bank of India (RBI) officially launched its first digital token or the digital version of its cu...

Posted by Fintra Editor 2022-12-06

Nowadays, obtaining complimentary airport lounge access has become a benefit that various credit cards offer. This used to be a premium feature, but it is also now available for entry-level credit cards. However, there is another travel benefit making its way on some cre...

Posted by Fintra Editor 2022-12-02

With over 1,300 lounges in 600 cities and 148 countries, more being added every day, Priority Pass is the benefit which drives travellers' acquisition and retention. Since 1992, Priority Pass has been striving to furnish every traveller with independent airport lounge ac...

Posted by Fintra Editor 2022-11-23

DreamFolks is one of the predominant player, and one of India's largest airport service aggregator platform, which has a unique, asset-light, capital-efficient business model. It furnishes services to all the top card networks operating in India, which are Visa, MasterCa...

Posted by Fintra Editor 2022-11-14

Are you experiencing a cash crunch at the end of the month or facing an emergency that needs your immediate attention? While these monetary situations need attention immediately, taking a chunk out of your savings account

Posted by Fintra Editor 2022-11-10

PAN (Permanent Account Number) is one of the means of identifying the various taxpayers in India. The Pan Card is a 10-digit unique identification alphanumeric number that contains alphabets and numbers. The identification number is assigned to all taxpayers in India. Th...

Posted by Fintra Editor 2022-11-05

In India, Axis Bank is one of the premier banking institutions that offer a wide range of financial services, which include credit cards, too. Over time the bank has transformed to be a major credit card issuer in the nation. R...

Posted by Fintra Editor 2022-10-09

IDFC First Bank was formerly IDFC Bank, an Indian Private Sector Bank owned by IDFC, an incorporated infrastructure finance firm. Headquartered in Mumbai, the bank began its operations in October 2015 after acquiring th...

Posted by Fintra Editor 2022-09-26

Founded in 1994 in Vadodra, ICICI Bank is known to be the second-largest private sector and the most recognized bank in India. It's believed around 1998, ICICI Bank was one of the first banks in India to launch internet banking services. It has created a massive user base with its unique offering...

Posted by Fintra Editor 2022-09-20

IndusInd Bank, headquartered in Mumbai, is an Indian new generation bank founded in 1994. Amongst its various services and products it provides, which include commercial, transactional and electronic banking facilities, the bank is even one of the most popular Posted by Fintra Editor 2022-09-06

Monetary policy is a set of tools or a process the monetary authority of a country, the central bank, uses to control the supply of money in the economy by having control over the interest rates for maintaining price st...

Posted by Fintra Editor 2022-08-28

In the world of economics, inflation refers to the increase in the prices of goods and services in an economy. A rise in prices, expressed as a percentage, means that a unit of currency effectively buys less than it did...

Posted by Fintra Editor 2022-08-22

Savings bank accounts are considered the most basic banking facility which engages people worldwide. In India, various banks have successfully introduced several attractive features to make their bank accounts popular. ...

Posted by Fintra Editor 2022-08-12

Multiple savings accounts? What's that all about? Well, let's break it down. Unlike your traditional bank account, having multiple saving accounts allows you to put as...

Posted by Fintra Editor 2022-08-05

The popularity of digital financing is growing at a rapid pace in India. One of the fastest-growing fintech segments in India is digital lending, expanding from $9 billion in 2012 to about $110 billion in 2019. The digital loan sector is predicted to reach roughly $350 b...

Posted by Fintra Editor 2022-07-31

Neobanks are termed as digital banks, “Challenger Banks", or banking alternatives which have been hosted or built on a cloud-accessible platform. This mean...

Posted by Fintra Editor 2022-07-07

When buying a car insurance plan for the first time, car owners may get confused about some of the important technical terms involved. One of the most important aspects of car insurance is the ‘Insured Declared Value’ or the IDV. This is a concept that people...

Posted by Fintra Editor 2022-07-01

Banking is known to be an old system, it's so old that one might even call it ancient. Over time, banks have evolved, becoming a multifaceted element of the economy, furnishing more services than just storage and distri...

Posted by Fintra Editor 2022-06-23

Nomura Begins Trading Crypto Derivatives, Joining Rivals Goldman and JPMorgan

In recent news, Nomura Holdings Inc., a Japanese global financial services group, announced it has taken a new step in...

Posted by Fintra Editor 2022-06-07

In various ways, technology has changed our world, and recently, blockchain technology has led to the cryptocurrency craze- It sent Posted by Fintra Editor 2022-05-29

Non-Fungible Tokens (NFTs) have taken over the Internet and transformed the world of digital art along with the price tags for various popular projects that continue to rise. From brands and celebrities to busine...

Posted by Fintra Editor 2022-05-05

Non-Fungible Tokens (NFTs) made their presence first in 2017; since then it has matured over the years. In 2021, NFTs saw a mammoth rise in popularity, and though India is not at the forefront, the trend is gaini...

Posted by Fintra Editor 2022-04-20

भारतीय रिज़र्व बैंक (आरबीआई) देश का केंद्रीय बैंक है और इसे बैंकर के बैंक के रूप में भी जाना जाता है। इसने 1 अप्रैल, 1935 को भारतीय रिज़र्व बैंक अधिनियम के तहत अपना परिचालन शुरू किया। भारत में वित्तीय स्थिरता बनाने के लिए मौद्रिक नीतियों को लागू करके मौद्रिक स्थिरता सुनिश्चित करने के लिए आरबीआई क...

Posted by Fintra Editor 2022-04-10

Currently, NFTs are taking the world of digital art and collectables by storm. Just as we believed Bitcoin was the digital answer to currency, NFTs are pitched as the digital answer to collectables. Do bear in mind that alt...

Posted by Fintra Editor 2022-04-10

भारत में, सेंट्रल डिपॉजिटरी सर्विसेज इंडिया लिमिटेड (सीडीएसएल) और नेशनल सिक्योरिटीज डिपॉजिटरी लिमिटेड (एनएसडीएल) सरकार द्वारा पंजीकृत शेयर ...

Posted by Fintra Editor 2022-03-30

The Reserve Bank of India (RBI) is the nation's central bank and is also known as the banker’s bank. It began its operations on April 1, 1935, under the Reserve Bank of India Act. RBI was established to ensure monetary stability by enforcing monetary policies to create financial stability i...

Posted by Fintra Editor 2022-03-30

An Asset Management Company, abbreviated as AMC, refers to a firm that pools funds from the investors and invests them into various investment options such as debt, equities, real estate, gold, etc. Generally, AMCs are discerned by their Assets Under Management (AUM), in other words, the number o...

Posted by Fintra Editor 2022-03-19

मुंबई, भारत में मुख्यालय, भारतीय प्रतिभूति और विनिमय बोर्ड (सेबी) भारत सरकार के वित्त मंत्रालय के स्वामित्व में प्रतिभूतियों और कमोडिटी बाजारों के लिए नियामक निकाय है। 12 अप्रैल, 1988 को एक गैर-सांविधिक निकाय के रूप में गठित भारतीय प्रतिभूति और विनिमय बोर्ड (सेबी) ने सेबी अधिनियम, 1992 के माध्यम ...

Posted by Fintra Editor 2022-03-09

Headquartered in Mumbai, India, the Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity markets under the ownership of the Ministry of Finance, Government of India. The Securities and Exchange Board of India (SEBI), constituted as a non-statutory body...

Posted by Fintra Editor 2022-03-07

सेंट्रल डिपॉजिटरी सर्विसेज लिमिटेड (सीडीएसएल) ने 1999 में मुंबई में अपना परिचालन शुरू किया, और यह एनएसडीएल के बाद भारत में दूसरी सबसे बड़ी डिपॉजिटरी के रूप में जानी जाती है। एनएसडीएल की तरह, सीडीएसएल इलेक्ट्रॉनिक प्रार...

Posted by Fintra Editor 2022-03-05

One of the few areas where one can invest and grow their money is by investing in securities. Technology along with digitalisation has greatly transformed how ever...

Posted by Fintra Editor 2022-02-28

In India, Central Depositories Services India Ltd. (CDSL) and National Securities Depository Ltd. (NSDL) are the government registered share d...

Posted by Fintra Editor 2022-02-22

Central Depository Services Limited (CDSL) began its operations in 1999 in Mumbai, and it's known to be the second-largest depository in India after NSDL. Like NSDL, CDSL provides all services such as holding financial...

Posted by Fintra Editor 2022-02-16

One of the largest Depositories in the World, National Securities Depository Limited (NSDL) was established in August 1996. NSDL has a state-of-the-art infrastructure, which holds and settles most of the securities such as bonds, shares, etc., in de...

Posted by Fintra Editor 2022-02-06

India is aiming to be a leader in the digital payment segment. UPI (Unified Payments Interface) payments require a stable Internet connection to conduct all transactions. What to do when you've to complete payments online using UPI but are unable to do it because the Internet speed is extremely s...

Posted by Fintra Editor 2022-01-23

Going back in the history of Initial Public Offering (IPO), this word has been a buzzword among various investors and on Wall Street for decades. In fact, the first modern IPO was conducted by the Dutch, and they did it by offering shares of the...

Posted by Fintra Editor 2022-01-14