Credit Card Network vs. Card Issuer: What’s the Difference?

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Credit cards form a major part of financial transactions in India, offering ease of payments, reward points, and financial flexibility. However, when looking at a credit card, you’ll notice two different names on it—one from a payment network like Visa, Mastercard, or RuPay, and another from a bank such as IndusInd Bank. These two entities…

Calculate Your Personal Loan EMI Using Excel

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A personal loan is a convenient way to manage financial needs, whether it’s for medical emergencies, wedding expenses, home renovations, or even debt consolidation. However, before taking a loan, it’s crucial to understand the monthly repayment amount or EMI (Equated Monthly Installment). While online EMI calculators are available and convenient to use, using Excel gives…

Signature Loan vs Personal Loan – Know the Differences

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Loans are an essential financial tool, helping individuals meet diverse needs—from funding a wedding to handling an emergency. Among the various types of loans available, Signature Loans and Personal Loans are two popular options. While both are unsecured loans that don’t require collateral, they differ in eligibility criteria, interest rates, and usage flexibility. Understanding the…

Difference Between Repo Rate and Reverse Repo Rate

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In the financial landscape, interest rates play a crucial role in maintaining economic stability. Two such important rates set by the Reserve Bank of India (RBI) are the Repo Rate and the Reverse Repo Rate. These rates impact borrowing costs, liquidity, and inflation, influencing various financial products, including personal loans. Understanding these rates is essential…

What is the PE Ratio?

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As an investor, before you choose a company to invest in, you look and assess various parameters. One such parameter many investors investigate before selecting a stock is the Price-to-Earnings or the PE ratio.  So, what is the PE ratio and how can it help you as an investor? Broadly put, the PE ratio is…