According to the Crisil Ratings report, the assets under management (AUM) of non-banking financial companies (NBFCs) specializing in gold loans will witness a compound annual growth rate (CAGR) of 40 per cent between this fiscal and the next, crossing ₹4 lakh crore by March 2027. The increase in assets under management of NBFCs (with a […]
PNB Housing Finance Ltd (PNB HFL) plans to foray into the emerging developer finance sector, restart construction finance business and explore the micro housing loan market even as the company expects to grow its loan book to around ₹1 lakh crore by end-March 2027. At the end of December 2025, 99.7 per cent of the […]
Rocco Pellegrinelli, CEO of Trendrating | Image credits: Institute for Innovation Development [The SP500 index is up 90% since October 2022 – a solid 3-year bull market without any major lasting correction and change of market regime. Investing in indices and passive products proved to be rewarding, but the obvious question now is – can […]
Thrissur-based Dhanlaxmi Bank has registered a 20 per cent growth in its net profit at ₹23.88 crore in the third quarter of FY26, against ₹19.85 crore in the corresponding period of the previous fiscal. Operating profit in the third quarter of the current fiscal stood at ₹41.14 crore, against ₹26.58 crore in the corresponding period […]
, The Reserve Bank of India has executed more than $2 billion in currency swaps over the past two days to offset the liquidity squeeze from selling spot dollars, four bankers said. This suggests a focus on limiting currency pressures without exacerbating banks’ liquidity constraints. The central bank has intensified intervention in the spot market […]
Achieving millionaire status is a huge financial milestone that brings new opportunities and responsibilities. It’s not just about having a seven-figure net worth, it’s what you do with it. Now is the time to protect your wealth, grow it strategically, and use it to create the life you’ve always envisioned. Whether you pursue financial freedom, […]
The last time the rupee fell sharply in a single day was on November 21, 2025, when it plunged by 93 paise. The rupee crashed on Wednesday to close at an all-time low of 91.6950, pressured by a host of factors including outflows due to FPI sales in Indian stock markets, corporate demand, the impact […]
Feeding a family of four for ten dollars feels like a magic trick in an economy where the average cost of groceries continues to rise. As prices have risen steadily in recent years, the US Department of Agriculture now estimates that a family of four needs significantly more than a ten-dollar bill to put a […]
Or, as American retirement guru Wade Pfau recently put it: “A retirement income plan should be based on planning to live, rather than planning to die.” The Michael James blogging recently highlighted that quote. Retirement is usually about planning for an unexpectedly long life, often exacerbated by inflation. After all, a 65-year-old Canadian woman can […]
The target group for the new programs is unclear Barry Choi, who runs personal finance and travel website Money We Have, said it’s not yet clear whether the new loyalty program will be similar to Air Canada’s Aeroplan program, or closer to the previously existing BonBon program, which was less consumer-oriented and more focused on […]