Closing unused credit cards could lower your score: 7 things to consider before cancelling them

Closing unused credit cards could lower your score: 7 things to consider before cancelling them

Managing multiple credit cards can be tricky, especially when you have cards you rarely use. While cancelling them might seem like a smart move, it can have unexpected effects on your credit score and financial health. Before making a decision, here are seven key factors to consider:   1. Credit score impact  Closing an old … Read more

How hard will the second Covid wave hit India Inc? N Sivaraman, ICRA MD, answers

How hard will the second Covid wave hit India Inc? N Sivaraman, ICRA MD, answers

Rating companies are at the receiving end whenever there’s a credit market blow-up. India is no exception. ICRA, the local unit of Moody’s Investor Services, carried its share of blame. N. Sivaraman, an industry veteran, is now the managing director at the credit-rating company. In an interview with Saikat Das and MC Govardhana Rangan, he … Read more