Banking

What is meant by the “Rule of 72”?

Thumbnail image for What is meant by the “Rule of 72”? by Divesh Singhvi May 19, 2012

The “Rule of 72” may be a simple source to actuate the accurate or assumed time taken when an investment will yield double, accustomed with a standard annual interest rate. Investors can get an approximate calculation of years in which an investment will yield double by simply dividing 72 by the annual interest rate. Assume [...]

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Basic Information About CTC

Thumbnail image for Basic Information About CTC by Divesh Singhvi May 11, 2012

Avni Rustagi, belongs to Punjab, describes that she never gets what is the purpose of till date of her pay slip. To make her dreams true, Avni (is about 25 years and) migrated to Bangalore about four years before. She started the job with an information technology firm as a designer to achieve her goals. [...]

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India Infoline Investment Services Ltd NCD Issue I Opens 4th August 2011

Thumbnail image for India Infoline Investment Services Ltd NCD Issue I Opens 4th August 2011 by Divesh Singhvi August 3, 2011

Dear All, India Infoline Investment Services Limited (IIISL) is a downstream subsidiary of India Infoline Ltd and has holdings in India Infoline Housing Finance Ltd (license received in 2009), Moneyline Credit Ltd. (an NBFC) & India Infoline Distribution Co. Ltd. IIISL is coming up with a NCD (Non Convertible Debenture) issue on 4th Aug 2011 [...]

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Decoding The Vital Parts Of Your Credit Card Statement

Thumbnail image for Decoding The Vital Parts Of Your Credit Card Statement by Shakti Singh Dulawat August 10, 2010

Our world today is categorized or typically regarded as the instant world.  We want everything at the click of a mouse or at a snap of our finger.  Credit card is one of these realities.  We simply use this small card to transact with monetary matters.  And sometimes, if we are not careful and grounded [...]

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SBI e-Tax – Online Payment of taxes

Thumbnail image for SBI e-Tax – Online Payment of taxes by ADMIN July 12, 2010

Hey folks, most of you perhaps are pissed off and even mad with the long line in order to beat the deadline with your tax payment dues. Well, the long worry has finally come to an end. Thanks to the innovation of technology and communication through the internet. Because of this creativity and informativeness, banks [...]

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Reduce processing fees on credit card

by Gajendra Purbia July 5, 2010

Credit card is a banking instrument which is very popular nowadays. Today, banking facilities all across the world get automated and quick. Due to innovation and technology, banking goes easier. Now, every bank has an internet banking and mobile banking facility.  Today, I do not need to go to a bank every time for small [...]

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What is Compound Interest

by Shakti Singh Dulawat July 3, 2010

Hey folks!!! How about a good news this weekend?  This is something related to your financial life.  Do you want a better way to maximize your money and savings?  Well, it has all something to do with compound interest, the surest way and easiest key to a more successful financial life. Read on folks… Let’s [...]

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Importance of Maintaining A Savings Account

by Shakti Singh Dulawat July 3, 2010

A savings account can aptly be defined as an account that is used to deposit money at a certain bank or credit cooperative which basically earn investment or interest on that said account over time. You can actually add or get back your money from the account by any time you wish by just visiting the [...]

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Credit Card Reward Point, Definition and Advantages

Credit Card Reward Points by Shakti Singh Dulawat June 30, 2010

A Rewards Credit Card usually means a credit card which gives you a cash back, rebate, or reward points which the card owner may use in buying certain services and goods by using the reward they get from their credit cards.  Card holders can easily, even without them knowing it sometimes, earn rewards points from [...]

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Credit Card – Advantages and Disadvantages

by Shakti Singh Dulawat June 30, 2010

All of us in one way or the other encountered people offering us to have a credit card.  We have to remember that the credit card could make or break your financial life and put the other aspects of your life into sudden chaos.  If you are smart and cautious in handling it well, then [...]

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