Category Archives: News

News Bites

Your one stop for bite sized updates from the world of finance. Know all about the latest financial news and developments in the country. Read about the Indian Economy, Interest Rates, Provident Fund News, Gold Rates, Insurance and more.

The Name’s Bond. Gold Bond.

Just like Ian Fleming’s iconic character, gold bonds have made a flamboyant entry into the scene. On Nov 5th, the Prime Minister launched the much anticipated Gold Bond Scheme, which is aimed at limiting the allure of physical gold. Here are a few things that you need to keep in mind succumbing to the yellow… Read More »

Home Loan Rates as on 16th Oct 2015: When it Rains, it Pours!

[table id=39 /]   ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »

Banks May No Longer Sell Insurance

  Remember when you picked up a life insurance policy at your bank from the very conveniently placed insurance desk inside the bank premises? Well, that may be soon a thing of the past. If the Insurance Regulatory and Development Authority of India (IRDA) has its way, that is. The IRDA has recently asked banks to… Read More »

Home Loan Rates as on 9th Oct 2015: It’s Raining Rate Cuts!

[table id=38 /]   ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »