Urban Money Blogs

How Much Personal Loan Can I Get on My Salary?
July 26, 2024

Personal loans are like unsecured credit, meaning you don't need to offer any assets as collateral. As a result, lenders pay close attention to your ability to repay the loan. Your monthly salary is the foremost factor lenders consider when determining how much you can borrow. The higher your salary,…

Category:Personal Loan Archive
Union Budget 2024 Highlights: 4.1 Crore Jobs, ₹11.11 Lakh Crore Boost, Tax Stability
July 23, 2024

Finance Minister Nirmala Sitharaman presented the Union Budget 2024 today in the monsoon session of the parliament. This first budget of the newly formed union government marks the seventh successive budget presentation of Finance Minister Nirmala Sitharaman. This achievement created history for the highest number of budgets presented by a…

Category:Financial News
How To Get a Rs. 50,000 Loan Urgently?
July 18, 2024

Individuals can face any difficulty or circumstances in which they might require funds immediately. Finding an urgent 50,000 Loan can be stressful, especially when you need a quick and reliable solution. A Rs 50,000 urgently loan can be required for medical expenses, urgent home repairs, or any other unexpected situation.…

Category:Personal Loan Archive
How To Check My Active Loans on PAN Card?
July 18, 2024

Check active loans linked to your PAN card and monitor them with ease to prevent fraud. Stay on top of your loan repayments and track your loans to secure your finances. Quickly check your loan status and take control of your financial security. In this article, we'll guide you through…

Category:Personal Loan Archive
RBI Monetary Policy: Growth Outlook Brighter With Unchanged Rates
April 15, 2024

In the latest monetary policy of the RBI statement for the 2024-25 financial year, the Reserve Bank of India (RBI) opted to maintain the key policy repo rate at 6.5%. This marks the seventh consecutive time the rate has remained unchanged. The decision, widely anticipated by analysts, reflects India's strong…

Category:Financial News
RBI's New Hedging Rule Expected to Slash India's Currency Derivatives Trading by 80%
April 15, 2024

RBI's New Hedging Rule Expected to Slash India's Currency Derivatives Trading by 80% The Reserve Bank of India's (RBI) new regulation requiring exchange-traded rupee derivative transactions is expected to cause a dramatic plunge in trading volumes. According to industry experts, the decline can be more than 80%, potentially crippling a…

Category:Financial News
Income Tax Slabs Remain Unchanged for FY 2024-25
April 12, 2024

The Income Tax Department, under the Ministry of Finance, has confirmed some welcome news for taxpayers! There will be no changes to income tax slabs for the financial year 2024-25. This means the existing tax brackets will continue to apply from April 1, 2024. The decision to maintain the status…

Category:Financial News
Indian Banks to Open on Saturday-Sunday, March 30th & 31st for Year-End Transactions
March 26, 2024

‘In a significant move to facilitate year-end financial transactions, several Indian bank branches will be open this weekend, i.e. Saturday-Sunday, March 30 and 31, 2024. This decision, made at the request of the Government of India, is crucial for the smooth handling of government receipts and payments for the financial…

Category:Financial News
AU Small Finance Bank & Fincare Small Finance Bank Merge!
March 08, 2024

The Reserve Bank of India (RBI) has approved the merger of Fincare Small Finance Bank Ltd and AU Small Finance Bank Ltd, which will take place on April 1, 2024. Under the agreement, shareholders of Fincare Small Finance Bank will receive 579 equity shares of AU Small Finance Bank for…

Category:Financial News
FASTag Explained: Simplifying Toll Payments Across India
March 08, 2024

With the recent modifications in Paytm's payment structure for FASTag recharges, different platforms are pacing to offer alternatives. With Paytm altering its payment methods for FASTag recharges, a wide market has opened its gates for different financial platforms. Since such a great shift is happening in the world of finance,…

Category:Financial News