The Vibe Journal: Finance Blogs

This guide explains the difference between bond and loan financing, covering what each instrument is, a side-by-side comparison table and which option suits different funding scenarios. You will also find answers to common questions on tenure, safety and who can invest in bonds in India. Read time: about 5 minutes.  Understanding the difference between loans and bonds when in …

Your Net Monthly Income or NMI, is an important factor to consider when you opt for a loan. It is an essential component for you and the lender, as it determines your repayment capacity and loan eligibility. So, it is imperative to understand how NMI works and how to calculate it to make an informed …

An EMI payment is a simple and budget-friendly option to complete your loan repayment within the stipulated timeline. Most lenders offer numerous options, allowing you to manage the EMI amount and keep the borrowing cost within your budget. This way, you do not have to stress about making a lump sum payment.  However, paying these …

Economic growth and development are just a few outcomes of women being actively part of the formal workforce. While gender gaps in India’s labour market do exist, there has been a steady increase in women’s participation. The latest Female Labour Force Participation Rate (FLFPR) has witnessed an upward tick, with more than one-third of women …

Learning is an ongoing process and according to a report from McKinsey, employers value a wide range of skills. But amid the hustle of life, it can be easy to stagnate, especially if you don’t know your options. This is where courses for upskilling come into play. These are a great way to improve your …

Doing an online course just to learn something can be fun, but if you are looking to grow in your chosen career, give it more thought. As the new age of AI and Industry 5.0 dawns closer, companies are looking for humans to work smart alongside advanced technology.  Choosing the right course and getting a …

To say that AI has transformed the way we work is an understatement. Across industries like healthcare, manufacturing, IT, real estate, wealth advisories and more, AI has brought disruption at an unprecedented scale. As per a report by Nasscom and Boston Consulting Group, the market for AI in India will grow at a CAGR of …

There may be instances where you may have come across the question, ‘What is a current account?’. Here’s what it means.The banking sector offers different types of accounts that cater to your diverse financial needs. One such account is a current account, best suited for business owners and companies.  As such, it has some distinguishable …

National Payments Corporation of India or NPCI (India), is an umbrella organisation that handles all retail payments. Established in 2007 by the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA), it facilitates a robust payment and settlement infrastructure.  To extend its services, NPCI (India) has ten core promoter banks, which are:  Read on to know what …

The Indian Financial System Code, the full form of IFSC, is an 11-character alphanumeric code used to make electronic payments. This code is unique to all banks that you can find on all account documents, such as cheque leaves, passbooks, account statements, etc.  Using this unique identifier, along with the account holder’s name and account …