Before you start building wealth through SIPs, mutual funds, or stocks, the first pillar of financial planning should always be health insurance. Most people ignore it, considering it an expense rather than an investment. Yet, medical emergencies can erase years of savings in one go. Health insurance isn’t about returns; …
Read More »HDFC Bank Reduces Lending Rates: What It Means for Borrowers and Investors
HDFC Bank Reduces Lending Rates: How It Impacts Borrowers and Investors In a timely move ahead of the Reserve Bank of India’s (RBI) upcoming monetary policy meeting, HDFC Bank has reduced its Marginal Cost of Funds-based Lending Rate (MCLR) by 10 basis points (bps) across tenures. Effective from Monday, the …
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