Manking Personal Finance Easy
According to World Health Organization (WHO) statistics, India’s healthy life expectancy at birth has improved by 4.02 years, from 54.1 years in 2000 to 58.1 years in 2021. As the average lifespan increases, securing a financially healthy future for yourself in the golden years is of utmost importance, so that you can retire worry-free. The…
Faced with the rapid proliferation of digital technologies and an ever-expanding millennial/Gen Z customer base, major banks in the US and Europe have downsized their physical branch networks over the past decade. While the underlying thought process influenced strategic thinking globally, Indian banks bucked the trend. Instead, they focused on expanding their branches, resulting in…
As the year 2024 comes to an end in a few days, investors are expected to avoid repeating the mistakes they accidentally made in the past year. Some investors tend to rebalance their portfolio to enter the new year with fresh energy and positivity. The idea behind rebalancing is to leave the past behind and…
“My two claims were rejected within a year. The ombudsman made a ruling in my favor in the first claim, but when they discovered that a company had helped me in the first claim, they did not hear my case and gave the ruling against me in the second,’ Garg said. Garg’s situation highlights a…
Axis Bank has introduced several changes to its credit card rules from December 20, 2024. The changes affect financing fees, cash fees, currency conversion fees, lounge access and others. Here we provide an overview of the most important changes the private lender is making for its credit card users. Major changes coming into effect tomorrow…
Instant lending apps have transformed the credit scenario by providing quick and easy access to finances with just a few clicks on your phone. However, as such apps have become increasingly popular in the financial landscape, so have the associated scams. 1. Registered and authorized by RBI The Reserve Bank of India (RBI) regulates all…
This is the time of year to submit proof of investment to your employer to claim tax exemption. If you don’t do this, you may miss out on your tax savings. Although you may have already let your company’s HR know how many investments you have made this year. However, it is imperative that you…
We are a 75 year old couple and have a mediclaim policy ₹4.5 lakh from a PSU insurer. Coverage has remained unchanged for the past 10 years and has continued for 30 years without any claims. There has been no illness or disease. My wife has asthma problems due to dust smoke. Should we transfer…
The need for money can arise at any time for various purposes such as medical expenses, educational expenses or other unexpected needs. Not everyone will have enough money to cover unforeseen expenses. In such a scenario, an instant personal loan can be a viable option. What is an immediate personal loan? As the name suggests,…
Many small businesses were not shocked when Q2 2025 GDP data showed India’s economic growth had fallen to a seven-quarter low of 5.4 percent, down significantly from 8.1 percent in the same period last year and 6.7 percent in the previous quarter. For them, the writing was on the wall: growth is slowing and the…
