Jun 20, 2011
Your equated monthly installments (EMIs) for home and auto loans are likely to increase with banks preparing themselves to raise lending rates in tandem with the rate hike by the central bank.
Jun 20, 2011
Financial advisory company KPMG's head of financial services practice, Abizer Diwanji, said there will certainly be an impact on demand for homes due to the interest rate rise. Steady rise in lending rate will push the loan tenors and make
Jun 11, 2011
The group president for Visa, one of the world's largest payment companies, has said that governments can curb black money by partnering commercial institutions to promoter electronic payments.
Jun 11, 2011
Inflation is a buzzword you hear almost everyday. In India , the broad-based inflation rate is published every month, based on the Wholesale Price Index (WPI).
Jun 11, 2011
Housing demand will be affected if there is further increase in the interest rates for home loans and property prices, a top official of global realty consultant CB Richard Ellis (CBRE)
Jun 11, 2011
The State Bank of India, which shocked investors with a 99% plunge in quarterly earnings , will scrap the annual interest rate reset clause on all loans and move to uniform base rate-linked payments to smoothen out the fluctuations in its
Jun 10, 2011
(a) Late statements/bills: In a scenario where the onus of making timely payments lies with the customer, receiving monthly statements/bills late should not be overlooked. Delayed payments attract an interest penalty of 2.95 % on the billed amount.
Jun 10, 2011
Asset management companies (AMCs) are paying a higher upfront fee to distribution subsidiaries of foreign and private banks nowadays to drive 'exclusive sales' of their schemes, mainly equity.
Jun 10, 2011
Buying an office or retail space is a huge investment, which is why commercial real estate has been traditionally seen as an investment avenue for only institutional investors or high net worth individuals.
Jun 09, 2011
Bessemer Venture Partners has invested in Bangalore-based housing finance start-up, Home First Finance Company India Pvt. Ltd. Anil Sarin, MD of BVP India, has joined the board of Home First.