Ravi Kumar Diwaker

2 months ago | news.abplive.com | Ravi Kumar Diwaker

The cost of education is rising, making it difficult for many deserving students to manage their finances, even after securing admission to premium institutions. This is where an education loan comes to the rescue. Education loans are a vital financial tool for students in India aspiring to pursue higher studies, whether within the country or abroad. With increasing tuition fees and living costs, many families rely on these loans to bridge the financial gap.

Jan 22, 2025 | news.abplive.com | Ravi Kumar Diwaker

To minimise hardship and facilitate the quick settlement of claims for family members upon a depositor’s demise, the Reserve Bank of India (RBI) has recently issued new directives aimed at streamlining the nomination process for savings accounts, fixed deposits, and safe deposit lockers. These measures aim to ensure the smooth transfer of assets to nominees, thereby reducing legal complications for the families of account holders.

Jan 21, 2025 | news.abplive.com | Ravi Kumar Diwaker

HomeBusinessPersonal FinanceBuying Diamonds? Here’s What You Should Check First! Two things that comes to our mind while purchasing jewellery. One is price and second is design. But, buying diamond jewellery is costly, therefore one needs to think beyond design and price Indians have a special bond with jewellery. Whether it’s for your wife, sister, or daughter, gifting something precious on a special occasion is a tradition many cherish.

Jan 7, 2025 | news.abplive.com | Ravi Kumar Diwaker

Mutual funds have been a sought-after investment for many years. However, in the recent few years, rising inflation and lower returns from traditional debt instruments have been only cemented the popularity of mutual funds. According to a recent BankBazaar survey titled ‘Moneymood’, mutual funds list, for a third consecutive year, among the top three investment choices.

Nov 29, 2024 | news.abplive.com | Ravi Kumar Diwaker

The repo rate has remained steady for many months due to high inflation. The Reserve Bank of India (RBI) paused rate hikes after its monetary policy review in April 2023, and since then the repo rate has remained at 6.5 per cent. The high repo rate has impacted borrowing costs, including personal loans, which are often linked to the repo rate. So, what does this mean for borrowers? or borrowers? Repo rate refers to the rate at which the RBI lends money to banks.