Tag Archives: Balance

The benefits of taking an education loan and the need to strike a balance

A student loan would obviate the need to disturb your own investment portfolio and help preserve your financial goals, including retirement plans. Photo: ThinkStock Education is expensive, be it in India or overseas. However, as a parent, you are always in a quandary whether to tap into your savings or avail an education loan. In India, good quality higher education ... Read More »

23% Jan Dhan Accounts Still Without Balance, Deposit Surge Abates

The upper limit for deposits in Jan Dhan account is Rs. 50,000. New Delhi: Despite a huge surge in total deposits in Jan Dhan accounts following demonetisation, about one-fifth of these still continue to have no balance. Net addition in the 25.8 crore Jan Dhan accounts was just Rs. 288 crore during the week ended December 7, taking total deposits ... Read More »