The Employees’ Provident Fund (EPF) is a contribution-based saving scheme where employers and employees pool their money to cover post-retirement expenses. The Employees’ Provident Fund Organisation (EPFO) regulates this program aimed to give workers financial stability. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund […]
How to track your home loan application online – CNBC TV18
Tracking the status of your home loan application is an essential step in planning your journey toward homeownership. Many banks and financial institutions now offer online portals to make it easier for applicants to monitor their loan requests conveniently. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty […]
Home loan market in 2024: Stability prevails, but will rates drop in 2025? – CNBC TV18
The home loan market has proven its resilience in 2024. The demand for home loans remained robust, supported by government schemes, monetary policies, and changing buyer preferences. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty […]
HDFC Bank increases MCLR rates on these tenures – CNBC TV18
HDFC Bank has raised its marginal cost of funds-based lending rate (MCLR) for short-term tenures by up to 5 basis points (bps). The revised rates, effective from December 7, 2024, range from 9.20% to 9.50%. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% […]
Home loan slump hits retail credit growth in Q1FY25: TransUnion CIBIL – CNBC TV18
Retail credit growth in India decelerated during the June 2024 quarter, with home loans being the most affected, according to the latest TransUnion CIBIL Credit Market Indicator (CMI) report. Home loan originations dropped by 9% in volume, contributing to an overall dip in the CMI supply index Financial institutions have tightened their credit supply, particularly […]
Government’s housing for all initiative creates significant growth potential, says Sanjiv Bajaj – CNBC TV18
Bajaj Housing Finance, one of the leading home loan NBFCs in India, expressed optimism about the future growth prospects of the housing finance sector. In an interview with CNBCTV-18, Sanjiv Bajaj, Chairman, Bajaj Housing Finance, said that there is a significant opportunity for expansion, driven by the government’s strong focus on its housing for all […]
Income Tax Day: Best strategies to save tax and maximise savings – CNBC TV18
Finance Minister Nirmala Sitharaman presented the Union Budget on July 23, introducing significant changes under the new Income Tax regime. The standard deduction has been increased by 50% to ₹75,000, and the tax slabs have been adjusted to benefit the salaried class. These new tax slabs will take effect from April 1, 2024 (assessment year […]