In this unpredictable and expensive world, it is important to have a practical financial map in place. Two of the best investment options are a Tax Saving Fixed Deposit and a Public Provident Fund. Once you open an FD account or a PPF, your money not only remains safe, but also multiplies along with earning…


Most opinion peddled about demonetisation is wrong, says IndusInd Bank BSE 1.37 % chief executive Romesh Sobti. There may be short-term pain, but the benefits are more enduring, he tells ET’s MC Govardhana Rangan and Joel Rebello in an interview. Edited excerpts: The hot topic in the country now is demonetisation on which the views…


The Income Tax Department of India defines an NRI, or a Non-Resident Indian, as an individual of Indian origin but living outside the Indian subcontinent. The Section 6 of the Indian Income Tax Act defines the NRI status of an individual more precisely. According to this section, an individual is considered an NRI if, ?…


CIBIL, Credit Information Bureau India Limited, is an important part of the financial system in India as it provides critical credit information about every individual and rates them based on their creditworthiness. The system has its own way of analysis which results in a credit rating for every individual called the CIBIL score. The CIBIL…


Coming Soon… Financial Result 2016

30Sep2016

To be the CMO of a challenger brand in a regulated category like banking, is quite a tall order. Anil Ramachandran, the recently anointed IndusInd Bank marketing head, is a chartered accountant by profession with a self-confessed bias towards marketing. He has been with IndusInd Bank since 2010 and is also EVP and head –…

09Sep2016

Before diverting the extra cash or savings towards pre-payment or part-payment of your personal loan, you shall always consider its impact. Whether the decision of not serving the entire loan tenure would be beneficial or not shall always be your primary concern. Pre-paying your loan can be beneficial but such benefit depends on the sum…


Thousands of new and innovative ideas are being constructed into business ventures every year. India’s business sector is gaining momentum having more than 4,000 startups to its credit during the year 2015. With the call for business development comes the need for finance. There are many business loan products available in the market today for…


Availing a personal loan to pay your credit card debt has become a common tool to get rid of the debt spiral. Today, credits are easily available. There is absolutely no system to caution you about your credit management capacities. And access to multiple credit cards, coupled with the above, lands you in a debt…


The last few months, have made the internet a slightly more visually appealing place than it has been for quite some time now, especially when it comes to “inspirational” “motivational” or just human interest story telling. The digital A/V’s are compelling with real stories of grit, determination and focus- all of which lead to one…

29Aug2016

Balance transfer of your credit outstanding to a lower interest-charging credit card is a tidy technique to trim the debt fat that accumulates around the principal amount. Many leading banks offer attractive rates and payment options for balance transfer. Switching from a higher interest rate to a lower rate has become an easy affair with…


Depending on one’s affinity for investments, investors can be divided into two categories – those who take risks and those who prefer to play it safe. Irrespective of the category you belong to, mutual funds can act as a preferred investment option. Mutual funds allow investors to invest in bonds, stocks and other securities, with…


With the April-May holidays here, families across India are getting ready for the great summer getaway. Parents with kids, bored after the closure of schools, look forward to the day when they set out for the airport, for their next big adventure! Young people start thronging airports seeking to explore new destinations, while nuclear families…

31May2016

Anil Ramachandran has spent over 20 years in Consumer and Retail Banking with experience across India and countries in Asia Pacific and the Middle East and in leadership positions and in functions ranging from Marketing, Product Management, Sales and Distribution, Wealth Management & Relationship Banking and Operations. His expertise lies in creating distribution scale and…

Categories: Bloggers
31May2016

When I started playing squash in 1986, I hardly had an idea about what an attractive, mobilizing and inspiring force ‘Sports’ could be. Sport has the power to rescue us from the daily grind of life. A heroic act, a sporting gesture, an impromptu quote, talking tough, looking mean, a brave decision, an affectionate hug…

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05Apr2016

IndusInd Bank Q2 Net Profit up by 30% at Rs.560.04 crore YoY basis Operating Profit up by 39% to Rs.1,006.53 crore YoY basis Non Interest Income increases by 32% YoY basis Capital Adequacy Ratio ( CAR) improves to 16.52% Net NPA down to 0.31%   Highlights Q2 FY 2016 Key performance vectors show significant improvement….

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01Mar2016