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REVERSE MORTGAGE LOAN
Retirement planning: 7 golden rules you must consider for easy retirementRetirement planning should focus on generating sustainable income while ensuring the corpus lasts throughout life. Key factors include acco...
Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losersWhy is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — ...
Man added his name to ancestral land records using common surname trick; Karnataka HC restores land to original ownersThe Karnataka High Court restored ancestral land to three brothers after an outsider, Basappa, falsely mutated his name using a common surn...
For risk-takers with long-term perspective: 10 small-cap stocks from different sectors with upside potential of up to 31%If you buy small-cap stocks today, are you taking a risk or managing it? To some it might appear you are taking a risk, but there is a high...
Global Market: China holds rates steady as markets await fresh stimulus signalsChina's central bank has kept its key lending rates unchanged for the twelfth month. This signals caution from policymakers despite signs o...
New era begins: Warsh steps into Fed role; Prepares for inflation battle and potential rate hikesKevin Warsh assumes leadership of the U.S. Federal Reserve. This marks a new chapter for the central bank and President Trump. Warsh faces ...
Is a US stock market crash beginning? Nasdaq 100 drops over 2% as Dow Jones and S&P 500 struggle after inflation shock hits investorsIs a US stock market crash beginning as Nasdaq sinks 2% after shocking CPI inflation rattles Dow and S&P 500? The Nasdaq 100 plunged more t...
Lending money to friends or relatives? Why guaranteeing loans and personal lending can put your finances, credit score, and goals at riskWhen a friend or a relative asks you for a personal loan, always seek time. There is no need to feel pressurised to respond immediately. So...
Secular, cyclical or war-dependent: A ratio to tell you what kind of growth you are buying. 6 stocks with upside potential of up to 29%Some valuation ratios are used because they are easy. The PE ratio is one of them. It is simple, familiar, and convenient. Not only for the...
War, oil price hikes, and risks: Time to still be contrarian? 5 small-caps from different sectors with upside potential of up to 25%Small-cap investing is not just about finding stocks that can rise faster than the market, which is the assumption with which most investor...
Planning to take home loan? 5 smart ways to maximise your benefitsThe amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...
New senior citizen bank account with doorstep banking and healthcare benefits launched by Bank of Baroda; Know the detailsBank of Baroda has introduced a new premium savings account for senior citizens. The 'bob Senior Citizen Vishesh Samman' account offers hea...
How seniors can unlock monthly income from their home: Reverse mortgage loan explained
Home equity often ignored in retirement planning, but it could boost income and savingsMany retirees have most of their wealth in their homes. Experts say this housing value is often ignored in retirement planning. Using home ...
How to transfer old share certificates in physical form to demat accountOur panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
Should a senior citizen opt for reverse mortgage to get regular income?Reverse mortgage enables senior citizens to convert their one big asset —their home—into a source of regular income without giving up owner...
Reverse mortgage: Tax breaks for seniors on the houseNow, the annuity income from a reverse-mortgage loan will become tax-free. The government has also scrapped the restriction of a 20-year an...
- ET Classroom: Reverse Mortgage loans
Reverse Mortgage Loan (RML) enables a Senior Citizen - In India, citizens above 60 years age - to avail of periodical payments from a lende...
- Central Bank to foray into reverse mortgage loan market
Shortly after the country's largest lender State Bank of India (SBI) announced its foray into the reverse mortgage loan market, Central Ban...
- SBI launches Reverse Mortgage Loan in Gujarat
Country's largest public sector lender State Bank of India (SBI) has launched two new schemes - Reverse Mortgage Loan and SBI Home Cash - f...