Mutual funds allow investors to diversify their portfolios and invest in a basket of stocks in different sectors to minimize the risks.
Factors such as interest rate, down payment, loan period, repayment structure, etc. are the key factors when choosing any loan.
The CIBIL score is a summarised score of your creditworthiness which financial service providers use to assess their clients. The CIBIL indicates your payment and borrowing history to determine the interest rate on your loans.
Portfolio management is a service offered by banks for high-net-worth individuals to manage their portfolios and capital by diversifying risks, in return for an annual fee.
Payment banks enable cashless transactions by linking the bank account of the user to the app and providing features like transferring money, paying vendors online, etc.
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