ArticleField.comInternet's Fastest Growing Free Content Article DirectoryIndia’s largest gold loan lender Muthoot Finance, a part of the diversified Muthoot Group, said it will raise up to Rs 900 crore from an initial public offer (IPO) that opens on Monday (April 18). “The issue, priced in a band of Rs 160-175 per share, would see the company issuing 5.15 crore fresh equity […]
Financial stress can adversely affect a person’s psychological state. Surveys have shown that financial stress is among the root causes of decreased performance at work and a steady decline in physical and mental wellbeing. The sources of financial stress are varied. In India, one of main causes is worry about the adequacy of retirement savings. […]
Pratip Chaudhuri’s appearance is deceptive. The soft-spoken chairman of the nation’s biggest bank, the State Bank of India , in the very first week of taking office has proved that perceptions and reality can be so different. The one who was branded media-shy exhausted the media in his first interaction, answering questions till reporters ran […]
In a country where majority of cars are financed, the increase in car loan interest rates has not had any impact of car sales. Despite the interest rate going up 1.5-2.0 % in the last one year, car sales have shot up 30 %. Passenger car sales soared to 1.98 million units in 2010-11 from […]
Home loan borrowers, anxious about a possible hike in EMIs, may breathe easy. At least for the next few weeks. Banks are unlikely to raise lending rates despite the Reserve Bank of India’s (RBI’s) decision to increase policy rates last month to cool prices. “We will not increase the interest rates on home loans immediately, […]
