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 »
Real estate projects often exceed their completion deadlines, and it may seem like that just adds to the number of months you wait for your house, but it has a much bigger impact than you think. Even a small delay in property possession can jeopardize your financial planning. Here is a look at the multiple… 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 »
What’s common between tennis star Rafael Nadal and gold prices? Obviously the fall. If Nadal’s wins and the gold prices were linked, and if he’d won two of the four grand slams in 2013, the gold prices would have been at a majestic Rs 2,910 per gram (22 carat) in October 2013. But the reality… Read More »
So you’ve planned ahead and bought a life insurance policy. And why wouldn’t you? Firstly, it can support your family financially in case something untoward happens to you suddenly. Secondly, it eases your loved ones’ financial burden in times of loss. Thirdly, it is a good personal finance risk management tool. But, do you know… 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 »
What if God appears in front of you and grants you a wish? That too without any conditions applied. What would you ask for?
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 »
Being a single mother can be really hard. Everything needs to be taken care of so that your children can lead a comfortable life. It all gets just that much easier if your finances are sorted out. Here’s the example of Priya Raman who faced a similar situation. Priya Raman lost her husband unexpectedly in… Read More »