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Amid expectations of an end of interest rate cycle, lenders are seeking to freeze the high rate of interest to protect their net interest margin. After ICICI Bank and HDFC and LIC Housing Finance , it is now the third largest private sector lender Axis bank that has launched a fixed rate home loan scheme […]

Plans with more than 1 year of occupation have lower tax outgo to the FDs. With the stock market yo-yo giving investors the jitters, many mutual fund companies are launching new fixed maturity products (FMP), which they say are the best investment options in these uncertain times. How does the FMP is different from all […]

London Business School has announced the number of professionals from the media, leisure, sport and entertainment industries has more than doubled for its Executive MBA (Dubai) programme. The School, regarded as one of the world’s leading business schools, hosted its orientation week with new students in London this month, welcoming the next generation of business […]

Bangalore University Vice-Chancellor Dr N Prabhu Dev said that BU degree certificates should clearly indicate whether the student has attained the degree traditionally or through distance education. “Certificates presently do not indicate the mode of education. To protect the interest of traditional degree holders, this indication has to be made,” he said during BU’s Academic […]

Volatile markets and poor investor confidence have made Indian banks defer raising funds from foreign markets through medium-term notes (MTN) and instead find alternative routes. Chennai-based Indian Bank, which had plans to raise $1 billion in two tranches during the current financial year though MTNs, has deferred its plans and will wait till the market […]