The changing face of rural banking in India

From being completely out of the ambit of mainstream banking, the country’s rural areas now have a shot at personal and commercial banking, thus improving their economic status to a large extent.

Mahatma Gandhi was right when he said that India’s riches were concentrated in its villages. He was not referring to the mineral resources or lush natural beauty of the villages – he was referring to the dense concentration of most the country’s population in these areas. He wished for villages to be developed enough to become self-reliant centres of education, employment and societal development. If the villages did not develop, he believed, India would lose its essence to the forces of industrialisation and urbanisation.[1] Continue reading “The changing face of rural banking in India”

Can you survive Cancer financially

Cancer is the second leading cause of death globally and accounted for 8.80 million deaths in 2015. According to WHO (World Health Organization) nearly 10 Lakh new cases are reported every year in India. Unfortunately, nearly 5 Lakh people annually die due to cancer and this number will go up and projected to rise five folds by 2025, according to WHO. Continue reading “Can you survive Cancer financially”

Fickle Finances: Credit Cards vs Personal Loans

For those times in life where some financial bolstering is required, there are a number of concerns that wrestle for our attention. Taking out a loan or moving further into debt can fill us with apprehension.  We want a solution where we can access adequate funds, yet not become swamped with oppressive repayments.   Continue reading “Fickle Finances: Credit Cards vs Personal Loans”