For the State Bank of India (SBI), the market leader in the home loans segment, old certainly seems to be gold. That is, old customers are gold. Nothing else explains the latest rate tweak by the leading lender, which has kept home loan spreads unchanged for existing borrowers but has increased the same for new customers.… Read More »
Indians are traditionally brought up with the philosophy that all credit is bad and we should never seek credit unless absolutely necessary. But without any credit line, you will have no credit score; which is a paramount yardstick for your financial health. You might be hurting your credit score unknowingly. Credit scores come with so… Read More »
The Reserve Bank of India has cut the repo rate (the rate at which it lends to other banks) by 50 basis points, or 0.5%. In a move that caught many sections of investors by surprise, the Fourth Bimonthly Monetary Policy Review of the RBI reduced the repo rate to 6.75%, down from 7.25% earlier.… Read More »
We all have certain common characters in our lives. The nosy aunty, the grumpy man down the street, the fashionista; we all know somebody who fits in these characters. Similarly, there are different attitudes people take towards loans. Which character do you relate to?
Be it buying a gadget online, getting the best airline deal or holiday package, there are always tips and tricks to get the best deals. We have some tips laid out for personal loans too. Just tweaking your personal loan application or following some basic tips, can get you lower interest rate for your loans.… Read More »
DIY (Do It Yourself) first became a buzzword with the furniture industry ushering in desks, tables and library racks that could be assembled at home by the buyer herself. IKEA became a household name. Literally and figuratively. Next came fashion. ‘Mix-n-match’ became fashion’s DIY statement. Apparel brands no longer dictated what consumers were to wear.… Read More »
First, the good news. Inflation, or rise in prices, has a bloody nose from the pounding it’s been taking this year. While the Consumer Price Index (CPI) based inflation has dipped to 3.66% in August, the Wholesale Price Index (WPI) based inflation has plummeted to -4.95%. In fact, the WPI-based inflation has been floating in negative territory… Read More »
Mark your calendars. Better still, mark out the spot outside the nearest Apple store you’ll stake out at dawn tomorrow. The new iPhone 6S and the iPhone 6S Plus are getting launched on 9th Sep. With dazzling new resolutions and tech specs. For starters, the resolution of the 6S has been upgraded from 326… Read More »
On Sunday, September 6th, Mercedes’ Lewis Hamilton took pole position at the Italian Grand Prix at Monza, sporting a new crop of bright blonde hair. And demolished the opposition with a 25-second lead over runner-up Sebastian Vettel who raced for Ferrari. Yet, Hamilton’s goose was all but cooked as he got pulled up by the… Read More »
With Credit Cards, making timely payments isn’t the only thing to remember. You’ll be shocked to know the truth. What you consider normal may have a completely different meaning for your bank. We’re letting you in on some big secrets. Read on: Making A Minimum Payment Every Month Yes, you are making a payment every… Read More »