Skip to main content


Showing posts from May, 2023

Should you transfer your home loan to another company just because of better ROI.

Should you transfer your home loan to another company just because of better ROI. I am going to discuss something interesting in this context as The process of transferring a home loan from one lender to another is known as a "balance transfer" or "takeover." which is not a typically very hard as compare to a fresh loan and It is a common practice in India, and many borrowers choose to do so in order to get a better interest rate, lower their EMIs, or change their loan terms. There are several costs associated with transferring a home loan from one lender to another. These include: 1. Processing fees: This is the fee charged by the new lender to process the transfer of the loan. It can range from 0.5% to 1% of the loan amount. 2. Prepayment charges: If you are transferring the loan before the end of the original loan tenure, your old lender may charge you a prepayment penalty. This can be up to 2-3% of the outstanding loan amount. 3. Legal and technical charges: You

Top 10 quality websites/tools/apps to track the results, news, fundamentals and trends in the stock market

There are numerous websites and applications available in the market to track the stocks. Here are the top 10 quality websites, tools, and apps to track results, news, fundamentals, and trends in India, however these are the one which I like the most, someone else's choice may be different: 1. Moneycontrol: Moneycontrol is a popular financial website that offers comprehensive coverage of the stock market, mutual funds, and personal finance. It provides real-time updates on stock prices, financial news, and research reports. It also has a portfolio tracker and a watchlist feature that allows investors to track their investments. 2. is a global financial website that provides real-time data on stocks, indices, commodities, and currencies. It also has a news section and an economic calendar that tracks important events and announcements. 3. is a powerful stock analysis tool that provides in-depth financial data on Indian companies.

Customer Relationship Management (CRM) is not a department, it's a collective responsibility of all the teams involved in an organization.

Customer Relationship Management (CRM) is the process of managing interactions with customers to improve customer satisfaction, loyalty, and retention. Many organizations believe that CRM is the responsibility of a specific department, but the truth is that CRM is a collective responsibility of all teams involved in an organization. A customer's experience with a company is not limited to a single interaction with a specific department. Instead, it involves various touchpoints throughout the customer journey, including sales, marketing, customer service, and support. Therefore, it is essential to understand that every team plays a crucial role in building and maintaining strong customer relationships. Sales teams are responsible for the initial interactions with potential customers, and their approach can set the tone for the entire customer relationship. A sales team that prioritizes understanding a customer's needs and requirements can establish trust and credibility, which i

How to improve CIBIL Score and get benefits of better ROI.

A good credit score is crucial for obtaining loans and credit cards at favorable interest rates and terms. The Credit Information Bureau India Limited (CIBIL) score is the most widely used credit score in India, and it ranges from 300 to 900. A higher CIBIL score indicates a better credit history and a higher probability of loan approval. Here are some tips on how to improve your CIBIL score and avoid common credit mistakes. 1. Pay Your Bills on Time Late payments negatively impact your credit score. Make sure you pay your bills on time, including credit card payments, loan EMIs, and utility bills. Consider setting up automatic payments to avoid missing any payments. 2. Maintain Low Credit Utilization Ratio Your credit utilization ratio is the amount of credit you have used compared to your credit limit. It is recommended to keep your credit utilization ratio below 30% to maintain a good credit score. High credit utilization can signal a high-risk borrower and lower your CIBIL score. 3

Future of Indian Financial system and economy prospects

The Indian financial system has undergone significant changes over the past decade, with the country's economy expanding rapidly and emerging as one of the fastest-growing economies in the world. The future of the Indian financial system is poised for growth, and there are many reasons to be optimistic about the country's economic prospects. Government Initiatives The Indian government has launched several initiatives to bolster the country's economy and strengthen the financial system. Some of these initiatives include: 1. Digital India: The Digital India initiative aims to transform India into a digitally empowered society and knowledge economy. The government is investing heavily in digital infrastructure and services to drive innovation and growth in the economy. 2. Make in India: Make in India is an initiative aimed at promoting manufacturing in India and attracting foreign investment. The government is offering a range of incentives and benefits to companies that set