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FinMin says raise tenure, not EMI

With higher rates of interest pinching individual borrowers and affecting their capacity to service their loans, the government has stepped in to ensure the interest of retail customers. In a letter to chairmen and managing directors of public sector banks, the finance ministry has asked state-run banks not to increase the Equated Monthly Installment (EMI), […]

Banks witness rising risks from unsecured loans

Reserve Bank of India Deputy Governor Anand Sinha on Wednesday said that though bad loans were rising in the system, the central bank did not see it as a systemic risk yet. Talking to reporters on the sidelines of FICCI-IBA summit here, he said, “We don’t see any systemic risks from the current trend of […]

Anna strike dampens Delhi University poll spirit

Preparations for September 9 elections have taken a hit as students are busy in anti-corruption protests Long-awaited Delhi University Student Union elections are only days away, but no one hardly notices. Anna Hazare, the effect has taken its toll on one of the key events in the capital at this time of year. The students had […]

Take an add-on course

They are studying medicine with a keen interest in hospital administration? Or are you studying to be a nurse, but are also fascinated by the media? If so, there is good news for you. The Indira Gandhi National Open University (IGNOU) is preparing to launch a program under which students will have the opportunity to choose […]

What’s new about NEW CAT 2011

CAT, the “Common Admission Test,” changes its model year 2011. Again, as much as four students who wish to attend Lake MBA in 2012. To get into IIM prestigious B-schools and the dream a perfect “black” top, the cadets are excited and eagerly preparing for the CAT exam this year. To help students to better tame the CAT, we have listed a few salient […]