Bonds, company fixed deposit are products contribution high interest rates

Fixed income investors are constantly in search of products that offer them higher interest rates. With interest rates inching up, fixed deposit and bonds have caught their concentration. And guess what? They really have a lot to choose from these days. Apart from the traditionally safe bank fixed deposits, today, there are company fixed deposits […]

Monitor fixed deposits for better profits

Financial consultant say that one should buy equities and then forget about them for a few years. But this invest-and-forget loom can exact a high price when it comes to debt investments. Ask Mumbai-based Anil Mhatre. Five years ago, he invested Rs 25,000 in a fixed deposit and then forgot all about it. He finally […]

Citigroup Home Loan Variation And Foreclosure Avoidance

Recently, Citigroup has been getting a lot of awareness thanks to their Road to Recovery Tour, which is going to be offering events here in the early parts of June to homeowners who are struggling and may need a home loan variation or other foreclosure avoidance programs that could be offered from CitiMortgage. Current options […]

RBI suggest PIN for credit cards

Credit cards which moved from being embossed pieces of plastic to magnetic swipe cards a decade back are set for another transformation as the Reserve Bank of India moves to the next level of card security. An RBI panel has said that all credit cards issued three years from now should have an electronic chip […]

High property prices, rates keep home buyers at inlet

Potential home buyers are postponing their conclusion to buy a house due to high property prices and increasing interest rates leading to a slowdown in housing credit, said RV Verma, chairman, National Housing Bank. The Reserve Bank of India’s (RBI) sectoral bank credit data showed that the home loans outstanding of banks increased to Rs […]