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Can Fixed Obligations to Income Ratio (FOIR) affect your loan application?
If your FOIR is low, that is, if the amount you need to repay as EMI every month is a small percentage of your loan, you can get a higher loan.
Noopur PraveenSeptember 2, 2021/3:01 PM IST -
Sebi considers regulations for digital gold trade: Report
SEBI is planning to fill the regulatory vacuum in this particular asset class that is gaining popularity amongst the new-age investors.
Money9September 2, 2021/2:56 PM IST -
These 6 saving instruments offer steady monthly payouts
Various savings instruments such as MIS, FD MIS, MF SWP, SCSS, etc, are there which give monthly income.
Ankur SenguptaSeptember 2, 2021/2:56 PM IST -
Cryptocurrency Taxation: Confusion continues due to lack of classification
The key problem for taxation on cryptocurrencies is that there is no clarity on what they actually are— a currency, an asset, or something else.
Money9September 2, 2021/2:47 PM IST -
Young first-time borrowers drive the growth of personal loan segment
The personal loans have grown by around 2.3 times in value and 3.8 times by volume.
Money9September 2, 2021/2:41 PM IST -
Vodafone Idea jumps 13% after Kumar Mangalam Birla meets Telecom Minister
The scrip traded nearly 13% higher at Rs 6.88 at around 2.21 pm (IST)
Money9September 2, 2021/2:36 PM IST -
Mahindra & Mahindra share slips 1.32% on production cut
Mahindra & Mahindra will be observing 'No Production Days' of around 7 days in its automotive division plants in the month of September 2021.
Money9September 2, 2021/2:18 PM IST -
Unemployment surges to 8.32%, over 15 lakh people lost jobs: CMIE
The rate of unemployment shot up once again in August, and the total number of employed people fell to 39.77 crore from 39.93 crore in July.
Money9September 2, 2021/2:11 PM IST -
LPG gas users may get to switch service providers: Report
The portability within a fuel retailer's network is online and seamless, that's not the case if one needs to switch to another provider
Money9September 2, 2021/1:44 PM IST
