There are over 65 million passport holders in India which indicates that the country is active in terms of the International travel scene. With increasing purchasing power, affordable air tickets and hotel bookings, more number of Indians are opting for International travel destinations. Some of the most popular international destinations preferred by Indians include Paris,…


The amount of credit you are allowed, also known as the spending limit or the credit limit, is the most important aspect to look at when you apply for a credit card. Setting the right limit is essential as it must appeal to the customer while being acceptable and comfortable for the bank. The calculation…


Travel is the best teacher as it helps one to understand different people, culture, traditions and lifestyles. It trains people on how to adapt, be more open, embrace the uncertainties, be modest and live in the moment. However, the financial aspect of travelling could possibly mar a beautiful experience, if not handled well. Leisure and…


A good credit score is an important factor in establishing creditworthiness. This score is a statistical representation of a person’s history of repaying their debts and the risk involved in lending money to that person. This is a yardstick by which lenders measure how financially trustworthy a person is before deciding whether or not they…


We all love credits, but there is one credit which has a slightly misplaced image– a credit card. People are often scared of credit cards, thanks to the myths associated with this financial aid always at our disposal. Festivals, emergencies, family functions, or vacations may mean large expenses for you. That is when the true…


When a person has taken loan from a particular financial institution and transfers his/her outstanding principal amount to another bank, this process is known as the balance transfer of loan, or simply transferring loan balance. This is a facility, which allows you to approach a bank for a loan equivalent to the outstanding amount with…


Retiring early is a dream garnered by most individuals, but not everyone is able to realize this dream. It is not a difficult goal to achieve as long as you are focused and smart with the decisions you take. Myth: Most of us consider retirement as a stage in life where an individual decides to…


IndusInd Bank’s multi-currency card travelling abroad hassle free for its customers. Whether you are going for a trip abroad, or to attend a business meeting or even to start a new course at a foreign location – the multi-currency card serves multiple purposes to provide a seamless experience to its customers. One of the most…


There was a time when one had to request their relatives and friends living abroad to bring international brands on their next visit to India. Suitcases were packed to the brim with foreign snacks, fashion accessories, toys, gadgets and other goodies. The retail market of every country was limited to its geographical borders and regular…


A personal loan is an unsecured loan taken by a person to meet urgent financial requirements. It is a popular financial solution wherein you need to meet a one-time and urgent expense that might be out of your current budget or to overcome a temporary shortfall in funds. Personal loans are a convenient way to…


It may seem lucrative to avail unsecured loans and make purchases using credit, but if you are not careful about assessing your funds and making timely payments against these borrowings, you could find yourself trapped in a cycle of debt. Once you have defaulted in terms of a payment and allowed interest rates and penalties…


Personal loans are unsecured loans, which do not require you to deposit any security in order to avail funds. They are considered as one of the safest and most effective financial solutions when you are faced with a cash crunch situation. Personal loans come with an easy application process, making them one of the most…


There are times when you may have to arrange a certain sum of money urgently. In such emergency situations, you may not have the required amount of money at your disposal, and the next paycheque might not be around the corner. For such urgent situations, certain loan products are designed to give you just the…


Fixed deposits have long been the preferred choice among Indians looking to build substantial savings. Fixed deposits (FDs) are one of the simplest tools of investment, allowing you to deposit a lump sum amount with your bank for the tenure of your choosing. At the end of the tenure, your initial amount accrues interest thanks…


No matter your age, you probably have a bucket list of things that you would like to accomplish. More often than not, the only thing that might prevent you from crossing the items off your list is lack of funds. Whether it’s going on an international holiday, redesigning your dream home, or even providing for…


Vacationing abroad and travelling to exotic international destinations is fast becoming a regular and frequent activity in India. Be it the young working professional or the urbane moneyed urbane traveler, more and more Indians are discovering the benefits of economic progress: with money in the bank and a passport which opens up a world of…


India has seen an exceptional growth in adoption to the new and emerging digital world, and its emerging paradigms. Despite the oft-cited lacunae of poor infrastructure, last mile connectivity, cost of data and mobile telephony, the Indian consumer is changing, and is connecting to a new digital reality. A lot of this has to do…


Indian banking’s focus on technological innovation has seen a paradigm shift towards digitalisation as Internet banking has emerged as the biggest focus area in the “Digital Transformation” agenda of banks fostered by India’s Digital India initiative. According to an EY report, the shift towards internet banking is fueled by the changing dynamics in India as…


It may not be overtly palpable, but the Indian consumer is changing and is becoming more and more digitally inclined each day. Anil Ramachandran – Head of Marketing and Corporate Communication, IndusInd Bank explores the intricacies of digital marketing and understanding the digital consumer. India has seen an exceptional growth in adoption to the new…


The new generation bank says competition becomes relevant when 95 per cent of the population is banked. It is relying on rural banking, credit card and consumer financing for its next phase of growth and is also eyeing millennials through digital and phone apps Instead of competing for customers in the already cluttered urban market,…