Tag Archives: loan

A Series of Unfortunate Credit Card Events

Govinda in “Kyunki Main Jhooth Nahi Bolta” and Jim Carrey in “Liar Liar” had a really really hard time because they always lied. Things just went from bad to worse for them. Rajiv had a similar experience with credit cards, all because of his love for spending. Rajiv was employed in a multinational company and… Read More »

All About Subvention Loans

Salman Khan must have been super relieved when the verdict was announced. And so were all of his die-hard fans. Suraj and Nikita, were just as relieved when a Subvention scheme swooped in to save their day! They were planning to buy an apartment in Delhi and they zeroed in on a property with a… Read More »

5 Home Loan Options You Didn’t Know About

Planning to get a home loan could make even Bruce Lee roll in his grave. But we ask him (and you) not to sweat it. Bruce Lee has no idea about these home loan options, and we bet you might have overlooked them too. Here are 5 alternatives that could Abracadabra your worries, and Alakazaam… Read More »

RBI to redefine the term willful defaulters!

United Bank of India recently declared Kingfisher Airlines and three of its directors including Dr. Vijay Mallya as willful defaulters. With rising number of default on business loans, the Reserve Bank of India had earlier issued a circular  giving freedom to banks to declare all directors of a defaulting firm as willful defaulters especially in… Read More »

8 ways to become home loan ready

Buying a home is a very significant investment for most of us. You would not like to take a risk with any inappropriate investment. During this project of buying a house, the procurement of home loan is equally important, as selecting a property is. In fact, for most of us, the decision of purchasing a… Read More »

Debt Funds are Also Susceptible to Risks

Investments and savings are broadly categorized into 3 categories. One are those investors who want to benefit themselves by trading online and trying to earn profits on a daily basis. The second category of investors prefers to invest in passive trading, the best option being Mutual Funds. A systematic Investment Plan (SIP) route is sought… Read More »

Let Mutual Funds Decide Incentives for Distributors

The Securities and Exchange Board of India’s (SEBI) decision to abolish entry load imposed on mutual fund schemes was viewed by many industry insiders as the best decision by the national regulatory authority in a long time. It was high time that mutual funds were given the authority and power they deserve. Instead of allowing… Read More »