The SLR change really has no real impact on the economy as the scheduled commercial banks are already in maintaining a SLR of 27.6%. So there is no real money that is going out of the system. That means that if A needs to take a loan, the money to lend to B is still… Read More »
As per RBI data during the current financial year (up to October 10, 2009), the increases in prices of wheat (3.5 per cent) and rice (5.9 per cent) were relatively low as supply side pressures were mitigated by the comfortable levels of food grain stocks with public agencies which stood at 44.3 million tonnes as… Read More »
While selecting the insurance cover, you must choose the right sum assured. Taking higher sum assured than needed will mean you unnecessarily end up paying higher premium. Choose low sum assured and you will not get sufficient compensation when needed. Here are the main steps when deciding the right insurance cover for you.
Are you looking for income? Do you want to ensure your investments provide you with regular income? If so, then opt for dividend option. It will also help you book profits and thus protecting your investment from a sharp fall, caused by market crash. On the other hand, if you are saving for some future… Read More »
There are a few more options too that you could look at. For instance, you can obtain a loan against the surrender value of your life insurance policy from the insurance company or from a bank or obtain a loan from your provident fund account if you have had an employee provident fund account for… Read More »
The book value is defined as the difference between total assets and liabilities. In a more crude way it is also defined as the amount that will be left back after paying all liabilities in case of a closure. The P/B of an IPO is calculated as Market value divided by the Book value. It… Read More »
One of the most important mistakes done the previous wave was the sheer disregard to fundamentals while investing in IPOs. This was due to the huge hue and cry over IPOs and how they gave bombastic returns on the first day of listings. “Hey i brought XYZ Company at Rs 175 in the IPO and… Read More »
Assume there are two companies A and B, operating in the same sector. If PE of A is 30 and PE of B is 22, then B is considered to be a better buy, as the market price has not gone up to reveal the earnings prospect of the company. But A is considered to… Read More »
Car loan and home loan offers are on with attractive interest schemes for this festive season! The home loan offers this season get even better with the dip in home loan rates expected to continue even past the magic “8 %” figure that was on offer to improve the lending scenario and breathe new life… Read More »
Normally, the bank enters into a tripartite agreement with you and your tenant as well as a term loan agreement is signed between you and the bank, prior to approving the loan. As per this agreement, the tenant has to pay the rent to the bank directly. Here you and your tenant will have to… Read More »