Keep your car loan in the secure zone

Your dream car just got costlier in 2011, thanks to rising interest rates. But should you postpone the decision to buy a new car? Not if you have been saving up for 2-3 years. It is definitely not the best option to bank highly on a car loan. Ensure you cough up at least 30% […]

LIC Housing Finance stop loans to realtors

In a bid to undo the damage caused by the recent loan bribery scam, LIC Housing Finance (LICHF) has stopped financing project developers, according to a top official. He, however, said the company would resume lending but added that loans would be approved on a case-to-case basis. “We have not done any project financing and […]

Make the most from Personal Loan

A personal loan can be used for all types of things plus they offer flexible payback periods and interest rates. Holiday is the first thing that comes to mind when you have a bit of money especially as holidays are quite economical these days. But this is not the best applications of personal loans. They […]

Personal loans fight rage on

SANTANDER fired the latest salvo in the personal loans battle by undercutting Nationwide’s best-buy product just two days after it was launched. The Spanish banking giant is offering an interest rate of 7.2% on unsecured loans of between £7,500 and £14,950 which are taken out through price comparison websites. The move undercuts the previous market-leading […]

Govt probable to decide SBI’s rights issue proposal in 4-5 days

The government is likely to decide on the Rs 20,000 crore rights issue proposal of State Bank of India (SBI) in the next 4-5 days. “Various issues are being looked into. The Finance Ministry at the moment is doing number crunching,” sources said. The government is likely to decide about SBI’s rights issue proposal in […]