The primary functions of a commercial bank are accepting Deposits and also lending funds. Deposits are savings, current, or time deposits. Banks take in funds, called Deposits, from those with money, …
Home ownership in India has always been a big dream. To realize this long-cherished dream, a home buyer may either acquire the property …
“RBI (Reserve Bank of India) has cut interest rates.” “RBI has increased the interest rates.” “RBI keeps …
What is CRR, SLR, Repo Rate & Reverse Repo Rate? Read More »
Investment in a property can be highly profitable. But when you need cash to meet your unexpected expenditure (like medical …
ReLakhs.com is a blog on personal finances. The main aim of this blog is to present the information on financial products in a simple, unbiased and easy to understand manner.