In the thick of the festive season, banks and non banking financial companies are offering various lucrative offers and discounts. Many Indians plan their purchases during the festive season as it allows them the double benefit of buying a new home or a new car in the auspicious time, along with discounts from various financial… Read More »
With festival season around the corner, banks have started offering lower interest rates on many of their loan products to boost demand. Some banks have also changed deposit rates to attract customers. Here is a roundup of the latest interest rate cuts and deposit rate changes by leading banks in the country. Changes in interest… Read More »
Just a day after RBI governor Raghuram Rajan announced an unchanged repo rate policy in its bi-monthly monetary policy review, State Bank of India has announced a cut in short term deposit rates. Announcing the rate cut in an exchange filing, State Bank of India, the country’s largest public sector bank has reduced short term… Read More »
RBI Governor Raghuram Rajan announced the fourth bi-monthly monetary policy today keeping the repo rates unchanged as per expected lines. The governor made it clear that inflation remains to be one of the biggest challenges as RBI has set a target of achieving a rate of 6% CPI by January 2016.Some financial experts had… Read More »
Change is the only constant it is said. With the evolution of time and maturity of the financial markets, new and innovative policy changes are introduced replacing older ones. With the phase of high inflation slowly fading away, there have been some new policies introduced to make life easier for the common man. The governing… Read More »
How many of you use a savings bank account for just its basic functions? How many of you just log in to complete a money transaction in a hurry and forget all about the small snippets of communication that the bank hopes catches your attention? After you read this article, perhaps you will spend more… Read More »
Over the time, Cars have increasingly become a necessity. With the help of Banks and other finance companies, owning a car has become easier. In India, many lenders are providing Car Loans at affordable rates. In this article, we will discuss about the various types of Car Loans offered by the financiers and present the… Read More »
Most of us are conversant with traditional Home Loan Plans wherein we pay installment on our loan every month. But to your surprise, many home loan providers have started offering different Home Loan variants with extra features and benefits. So as to attract new customers and grab more market share, the Home Loan lenders have… Read More »
Are you overprotective about your funds? Or, are you eyeballing an excellent diversification tool for your relatively riskier portfolio? Then Fixed Income schemes are the best investment option for you. Fixed income schemes are those that help an investor to earn pre-defined returns within pre-defined time frame. These kind of investments are apt for those… Read More »
Here’s a handy guide to identifying pre-2005 currency notes. And if you’re looking to exchange them then this is what you need to know.