Many financial institutions check your credit score whenever you apply for a loan. Your CIBIL score provides complete information about your creditworthiness and repayment ability. As a result, if you are having a good credit score, then your lender will consider you as a low-risk borrower and will instantly approve your loan application. Additionally, a […]

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According to a recent study titled “Empowering Credit Inclusion: A Deeper Perspective on Credit Underserved and Unserved Consumers” by Global TransUnion, it is concluded that more than 160 million consumers are considered credit underserved in India. The study also found that about 5% of consumers who were credit undeserved transformed into credit-active consumers within a […]

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Struck in a financial crunch? Don’t worry, there are many ways to counter a financial solution. One such way is by utilising your savings. But using your savings may leave you unprepared for unexpected problems that may arise in the future. On the other hand, many people utilise their investments to save themselves from financial […]

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While presenting the Union Budget for the year 2022-2023, Ms Nirmala Sitharaman announced that the Reserve Bank of India will launch its own Digital Rupee this year. Along with these, the Finance Minister has also emphasised how the CBDC (Central Bank Digital Currency) would help in shaping the Indian digital economy. Since then, ‘Digital Rupee’ […]

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