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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), […]

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The Mystery of Pandora Jewelry

  In fact, there is not a definition for Pandora Jewelry. This kind of Jewelry consists of two aspects, one is the jewelry of Pandora style the other is the jewelry of Pandora brand. Firstly, we should know that what can be called Pandora. Pandora (originated from Greek) is the first woman on the earth. […]

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 […]