Finance

Fintech firm PhonePe has rolled out two cobranded credit cards in partnership with SBI Card, largest pure-play credit card issuer. The two new products are PhonePe SBI Card Purple and PhonePe SBI Card Select Black. This marks the second such partnership by PhonePe after its earlier tie-up with HDFC Bank. These credit cards are issued…

Those of you who regularly invest in the National Pension System (NPS) would be aware that it does not deliver fixed, but market-linked, returns. But the good thing is that investors can choose any pension fund manager (PFM) which s/he wants to. As of now, there are ten PFMs registered with the Pension Fund Regulatory…

After RBI cut repo rate by 100 basis points across three monetary policy meets in 2025, most banks have reacted by cutting their fixed deposits (FD) interest rates which now hover in the range of 5.5 to 6.5 percent per annum. In this backdrop, small savings schemes definitely give relatively higher returns to investors while…

If you travel abroad often or shop internationally, you’ve likely noticed charges on your credit card statements after purchasing overseas. These extra charges are forex markup fees, and they are not errors. If you know about these charges, and how they affect your international spending, you can make better choices while abroad. What are the…

I am a 29-year-old IT professional looking to rent a home in Mumbai from a 55-year-old. What is a green lease and what are its key clauses, legal obligations and how can the tenant and landlord align with those regulations? -Name withheld on request A green lease is a rental agreement that includes clauses aimed…

What do you do when you think about investing in a mutual fund scheme and not sure if the scheme is worth investing? More often than not, investors look at the past returns and compare them with those of other schemes in the same category. Typically, past returns do not guarantee future returns, but they…

As the income tax return (ITR) filing season is back, taxpayers are busy arranging their documents to be able to file their return on time i.e., before Sept 15, 2025. Among other things, taxpayers are meant to use the correct income tax return filing form and file their return accordingly. Here, we give a lowdown…

Credit cards come with a whole host of fees and charges. These include joining fee, annual fee, cash advance fee, overlimit charges, late payment charges, reward redemption fee, foreign currency mark-up fee and transaction charges. Here is a primer on important credit card fees and charges. Joining fee This is a fee that is levied…

VMPL/ANI: If you have never taken a loan or owned a credit card, there’s a good chance you don’t have a credit score yet. But that doesn’t mean that you are financially irresponsible. It only means that your financial behaviour is not accounted for by formal credit information companies. And when the need for money…