How to ensure that you get the best possible rate on a personal loan?

Keep a tab on your credit score: The key to getting the best rate of a personal loan is by maintaining a clean credit history. Your credit history is recorded by the credit rating agency (CIBIL) which in turn gives you a credit score. This is shared with banks. Banks will use this as the […]

Home loans up to Rs. 15 lakh to get interest subsidy

One of the several sweeteners the finance minister announced during Budget 2011 has become reality. On 21 April, the Reserve Bank of India (RBI) notified scheduled commercial banks to implement the new guidelines pertaining to the interest subvention or subsidy on home loans with immediate effect. Accordingly, homebuyers will now get an interest subvention of […]

ICICI Bank, Bank of Baroda in focus ahead of Q4 results

India’s largest private sector bank by market capitalisation ICICI Bank will unveil its Q4 March 2011 results today, 28 April 2011. Bank of Baroda, LIC Housing Finance, Crompton Greaves, Biocon, JSW Energy, Alfa Laval, BASF India, Bata India, GTL, Gujarat Gas Company, HCL Infosystems, Hexaware Technologies, Kansai Nerolac India, Kesoram Industries, Nagarjuna Fertilisers, Navneet Publications, […]

RBI doubtfuls deregulation of savings bank interest rate

The Reserve Bank of India (RBI) on Thursday prefab a approach for deregulation of fund reserve give rates, expression that release of benefit rates on savings Bank (SB) accounts would aid savers, as it would enable lenders to originate out with groundbreaking products to pull much assets from low-income households. While the RBI had deregulated […]

Fixed Maturity Plans: Analytic yields are not a bad idea

Marketplace control Securities and Exchange Populate of India (SEBI) has said that neither a fund business nor a distributor can springiness ‘significative’ returns on fixed maturity plans (FMPs). This is a exotic prescribe and merits deeper test. In the old life, there victimised to be something titled ‘inter-corporate’   loans-one militia would lend to other. The […]