What is Credit Rating & How to Improve Cibil Score

How to improve your credit rating There are many who have experienced the disappointment of a rejected credit card or loan application! Many know the feeling when in dire times, that personal loan wasn’t sanctioned because the ‘credit score’ was not good enough! In the past few years, as the term ‘credit score’ has attracted much attention and understanding, it is the first step to improving it. What is a credit score? In simple words, credit score is your rating with banks and financial institutions which is based on your…

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What is Investment Banking & Know Investment Banks Client

All you need to know about investment banking in 6 easy points Investment banking is a specialized division of banking operations and its working is very different from regular banks. While regular banks take deposits from consumers and offer services like loans, etc., investment banks offer advisory services to corporate and other major clients to raise funds or buy/sell/trade in the market. So here’s all you need to know about investment banking! 1) What is investment banking? Investment banking is a division of banking that plays a major role in…

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HOW TO IDENTIFY THE BEST SIP MUTUAL FUNDS?

Mutual funds have fast become an investment choice for many owing to the convenience and range of choices – in asset classes, tenure, minimum investment, etc. And systematic investment plan (SIP) is one of the easiest and convenient ways to invest in mutual funds. What is SIP? One of the most important qualities of SIP is that it encourages financial discipline in your life. SIP allows you to invest a fixed amount in a mutual fund scheme on a regular basis – monthly, quarterly or even annually, you choose! As…

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