PSU banks take the lead, reward high credit score

It’s been almost 13 years since the country’s first credit bureau—TransUnion CIBIL Ltd—started giving credit scores to customers. Over time, companies from different sectors were allowed to access credit reports and even build their own evaluation processes, but consumers didn’t really benefit from it. Unlike in developed markets, where credit scores are used to determine

Minimum Balance Rules, Penalty For Insufficient Balance Of Key Banks Explained

Regular savings bank accounts require customers to maintain a certain average monthly balance (AMB) every month. Leading banks such as State Bank of India (SBI), HDFC Bank and ICICI Bank have fixed their monthly average balance requirements according to the location of a customer’s account in urban, metro, semi-urban and rural areas. Banks charge a penalty from

What you need to know if someone blackmails you on WhatsApp, Facebook or Instagram

Facebook, WhatsApp and, of course, Instagram have become lifeline for millennials. People find and maintain friendships, love and even relationships online, making these platforms so essential. However, the sad reality is that these same platforms can become a nightmare for anyone at any moment. Recently, an imposter, most likely a 21-year old male, tricked a17-year