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Personal Finance

An emergency fund is money set aside specifically for sudden, unavoidable expenses, a job loss, a medical bill, a car repair. A commonly used target is 3 to 6 months of essential expenses, but the right amount depends on your income stability, dependants, debt obligations and access to other financial resources. Without one, an unexpected expense may have to be funded through new borrowing, credit-card debt or missed payments.

By Mohit Juneja | 26 August 2026

Credit Card

Ideal credit utilization sits below 30% of your total credit limit. Under 10% is even better if you're maximising your score. Utilisation is widely considered the second-biggest factor in your CIBIL score after payment history, though CIBIL does not disclose the exact weight assigned to each factor, the second-biggest factor after payment history. Persistently high utilisation may indicate greater reliance on revolving credit and can negatively affect how lenders assess your credit profile.

By Mohit Juneja | 26 August 2026

Personal Finance

Creditor's harassment happens when a bank, NBFC, or their recovery agent crosses from legal debt collection into abusive conduct, calls outside 8 AM to 7 PM, threats, contacting family, or public shaming. RBI's guidelines restrict certain recovery practices, including intimidation, harassment, inappropriate contact hours and improper disclosure of a borrower's information. The bank or NBFC stays responsible even when a third-party agent is the one at fault.

By Mohit Juneja | 26 August 2026