Personal loans have been around for quite some time and are one of the most commonly employed means of raising funds it times of requirements. As the name suggests these loans are not meant for any specific purpose and the customer is free to use the money in whatever manner he desires. Contrary… Read More »
Owning a car through the car loan route is simple and easy process that many people prefer over saving money to buy one. There are many circumstances when such customers are unable to repay the installments of loan in time leading to a default situation. There is a lot of anomaly in understanding the… Read More »
With the prosperity ushered in by the economic growth in the country and growing incomes of individuals there has been a steady increase in the demand for luxury cars in the country. With an eye on this powerful market many international luxury car makers have made their presence felt in the nation either by setting… Read More »
The customer today faces a daunting task of selecting from among the plethora of features and combinations that are being offered by the financing institutions on every kind of loan. Competition among the financiers has led to the development of many innovative loan products which have their own pros and cons. In order to see… Read More »
Availing a car loan has become an extremely easy affair in India with financiers going overboard to woo customers into their fold. It is for the customer to decide the amount and type of car loan that is most suitable for his requirements. One of the most important factors that influence this decision is the… Read More »
The unprecedented economic growth witnessed in India in the past one and half decades has resulted in substantial increase in earnings of a large segment of population. This new found affluence has had a tremendous impact of the production and sales of cars in the country. This boom in car sales has been further propelled… Read More »
The long awaited cut in rates finally happened in the April 17th RBI policy review when the central bank cuts it CRR by 50 bps to bring it down to 8%. From a very harrowing hike spree last year that lead to nearly 13 rate hikes in 18 months the situation became stable only in… Read More »
Sunil had seen a lovely apartment and he was in a hurry to buy it. As he did not have sufficient money to purchase it, he settled for the lucrative loan offer from a bank. Unfortunately, after some time, he found out that he was paying more towards the loan than his other friends. When… Read More »
RBI’s decision to slash the SLR rate by 100 basis points to 23 percent has pleasantly surprised many. Banks had witnessed tight liquidity position in last few months, but the current move by RBI would ease the pressure, to some extent. The effect of RBI’s step has been taken immediately by the State Bank of… Read More »
Anxiety, cheer, joy, worry, nerves, confusion, clarity, lack of clarity – these are the range of emotions that engulf us the moment we start thinking of buying our first home. Irrespective of our financial standing, a first home has a very special emotional place in our heart. Then, why should it be a cause for… Read More »