Do you know credit score or a credit bureau is something that’s all Greek to a lot of Indians? Don’t believe us. Take the recent findings of a survey that says as much as 85% of respondents are ignorant of what a credit bureaus is. That’s not all. A staggering 92% of those surveyed didn’t know their credit scores.

-By Sunil Kumar Singh

Navigating through open-ended or close-ended funds could be easier if you evaluate them on various parameters and judge their individual pros and cons

-By Sunil Kumar Singh

There’s many a slip between applying for a home loan and getting the first loan disbursement from a bank. Here’s a primer on the intricacies of a home loan and how to bag the right loan deal

-By Sunil Kumar Singh

Ananya is the antithesis of the modern online shopper: she refuses to buy anything online. Her reasons range from distrust of the seller or product to worries about the product never being delivered. Naturally, her misgivings about online shopping extend to online insurance purchase as well.

-By Deepak Yohannan

Call it by whatever adjective — a golden walking stick or simply a financial product — reverse mortgage has its own worthiness for every senior citizen above 60 who doesn’t have much retirement corpus. For, not only can it have a significant impact on the quality of life after retirement, it also ensures financial security and a regular income flow for the aging couple for many years.

If you are a senior citizen owning a residential property but are cash-strapped, reverse mortgage could be a long-lasting source of a regular income during sunset years

-By Sunil Kumar Singh

Six things that the Bollywood blockbuster teaches you about managing money

Sequels hardly ever work in India. However, Tanu Weds Manu Returns (TWMR), a fairly low budget film and sans big name stars has broken several box office records with collections exceeding Rs 150 crore according to some estimates.

-By Hiral Thanawala

Even in the time of a global slowdown, the fortunes of the mega rich only got better. Here’s how their wealth stacks up.

Source: RCA, Knight Frank Research

As in cricket, so in investing, it’s all about finding the delicate balance between playing out the tough overs to launch an all out attack when the wicket flattens out

- By Dharmendra Satapathy

One of the ways of saving tax on long-term capital gains is by investing in the bonds issued by NHAI or REC. This deduction is under Sec. 54EC of the Income Tax Act. The maximum limit for such investment in any financial year is Rs 50 lakh. Since the main function of these bonds is the tax deduction, the interest rate on offer is a modest 6% p.a.

- AN Shanbhag and Sandeep Shanbhag

As home loan interest rates continue to drop, more investors are now eyeing real estate investments. Moreover, real estate prices too seem to be more stable and affordable when compared to a few years back, presenting an additional incentive especially to those who are planning to buy their first home. Given this, it is a fact that not everyone who approaches a bank gets approval for the desired loan amount. You might have a good credit history, no other liabilities and a long service period, but still if you are not able to get the loan amount you wish, here are five tips that may help you.

- Adhil Shetty