ArticleField.comInternet's Fastest Growing Free Content Article DirectoryTaking loan against gold is shown to be the easiest way to raise money either for business or to buy an asset like a house. With Kerala-based gold loans companies Manappuram and Muthoot Finance taking the gold loans business pan-India there are advertisements galore on the benefits of taking a gold loan. But gold loans […]
Alarmed by increased valuations of real estate properties for the resoluteness of property loan, the Reserve Bank of India (RBI) has asked all banks to submit an action-taken interrogation on the bare. The thing was raised last week by RBI Governor D Subbarao during a convergence of the Board for Financial Supervision (BFS). After this, […]
Shriram Transport Finance Company (STFC) would raise interest rates on its Commercial car loan in the second quarter, as its outgo of adoption accumulated by 100 base points after the RBI withdrew the priority-sector state for loans to instrumentality finance companies. R Sridhar, managing director, STFC, said, “Isolated from the outcome of priority status, cost […]
Expecting a slowdown, the State Bank of India (SBI) has lowered its credit growth estimate by 300 basis points to 16-19% from 19-22% earlier. “With interest rates rising, many companies are reconsidering their expansion plans. Therefore, we expect some slowdown in demand for credit, particularly long-term and term credit for equipment finance,” Pratip Chaudhuri, the […]
At times, where inflation hovers above 9 % and stock market returns are unstable, it is important for an investor to parcel his assets in avenues that would engage higher returns to fight the inflationary signification on investments. For those looking at fixed and safe rates of returns, fixed deposits in banks and non-convertible debenture […]
