ArticleField.comInternet's Fastest Growing Free Content Article DirectoryBanks have urged the Reserve Bank of India (RBI) against withdrawing the priority sector status for loans extended to microfinance institutions (MFIs). “Our main reservation is that nothing should happen which could result in the withdrawal of priority sector status,” said K Ramakrishnan, chief executive officer of the Indian Banks’ Association (IBA). “Banks will always […]
The domestic markets, too, encountered a choppy week in the face of rising concerns over the detrimental effect the damage in Japan would have on an already doubtful global economic revival. The benchmark S&P CNX 500 index portfolio value registered a decline of 0.8 % over the past week. Shishir Bajpai was the sole active […]
Fears of further hike in interest rates, which could lead to lower corporate profitability, combined with selling by foreign funds, pulled the market down on Thursday. The sensex, which closed lower on the back of a sell off on Wall Street on Wednesday, remained in the red through the session and picked up losses in […]
Payday loans: these are short-term loans usually intended to cover expenses till the next payday. You get the money you need to get yourself out of the financial hole but only momentarily: indeed, payday loans, sometimes referred to as cash advance, are different from the concept of loan consolidation: payday loans are a very debated […]
When you are under severe debt and are unable to make monthly mortgage payments on time the first thing that crops up in your mind are how to save your home from foreclosure. The Federal Government has made it easier for people facing financial crisis to opt for loan modification programs which help them reduce […]
