Crash landing of Economy

When Moody’s Investors Service last week downgraded the outlook for India’s banking system to negative from stable, citing concerns that global economic turmoil and a domestic slowdown may lead to loan defaults and curb profitability, there was a chorus of protests. A negative outlook is characterized by volatility and uncertain conditions. Senior bankers, economists and […]

Ambassadors are also not safe from credit card frauds

AK pandey, Ambassador, lives in GK-1, Delhi, complained that someone misused his sbi credit card. Who recently purchase 10gm gold coin in amritsar. Person name who used his credit card his name is satinder singh, resident of Guru Nanak Colony, Amritsar. When Delhi police reached Amritsar and traced the address but it was found to […]

Control your home loan emi with tactics

Interest Rates of home loans hike from last year regularly or after a period of 2-3 months. Home loan borrowers worried to take loans. In last 1.5 years floating rates goes up by 2.5 -3.5 percent. This has had a telling effect on the EMIs of home-loan borrowers. On a loan with tenure of 20 […]

State Bank of India achieves 18% growth in Fiscal year 2012?

State Bank of India is largest lender in Loans Industry. In last quarter SBI net profit rises up to 12.36%. It shocked all the industry when SBI posted these results online. On 9th to 11th of November 2011, SBI Pradip Chawdhari held a meet. Banking Performance sheet of State Bank of India:- Business has improved […]

Close your Housing Loan early with Pre-payment

Prepayment of home loans is best and easy way for closing the loans earlier. If we pre pay our loan early than the principal amount goes reduce. Most of the banks allowing pre-payment of loans with 10000 rs. But there are no charges forpartial pre payments of home loans. From, Last 1.5 year’s home loan […]