LOANS FOR UNEMPLOYED PEOPLE ON BENEFITS SAME DAY – MONEY WITHOUT DEPENDENCE

People who are employed can manage to get money for the unexpected emergencies. Sometime, they also need money for the same. But, what you will do, if you are not employed or you are living on benefits? It may cause problem to you in case of emergency. No doubt, you will be able to get […]

General Motors India to evaluate price points for cars

General Motors has announced that they will be evaluating their current automobile prices for the Indian car market. This has become necessary due to the fact that raw material prices are on the rise in response to inflationary trends. Various other auto companies too have raised vehicle prices in recent months, and some will be […]

Tough to increase housing loans tenure to soften impact of repeated increase in interest rate

Public sector banks are finding it tough to increase the tenure of housing loans to soften the impact of repeated increase in interest rates, despite the finance ministry advising banks to keep the equated monthly installments constant. Bankers said as far as possible they were trying to increase the tenure but in a majority of […]

RBI focuses on better customer service

‘Prevention is better than cure’ seems to be the focal point of the latest action points of the Reserve Bank of India (RBI) in the Annual Conference of Banking Ombudsman. So, the apex bank is looking at setting a template of good customer service that will prevent consumer grievance. But, there may not be free […]

New teaser home loans will benefit banks more than you

When the State Bank of India launched its so-called teaser loans – called teasers because they carried low fixed-rates in the initial one or two years, and adjusted upwards later – the Reserve Bank of India frowned. Banks, the central bank said, were not taking note of the risks involved. The loans ended when the […]