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High inflation invest in property

Inflation is at high levels. Income on fixed income means like bonds and fixed deposits is not going to give good returns especially in the fixed deposit section, who have invested for less than 1 year...

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RBI rate hike: Home and auto loans set to rise

The loan amount on home and auto is se to rise as the Reserve bank of India has raised its benchmark rates by 0.25 percent to 7.50 percent. The RBI observed that it has no other option but to hike...

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Discounts on the home loan this season

This festive season even the banks, like the electronics retail stores, are offering discounts on home loans. Below are some of the schemes on home loan offered by the banks,   Dual rate scheme Dual...

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Poor are honest borrowers: FM

Finance Minister P Chidambaram today asked banks and financial institutions not to hesitate in giving loans to the poor, saying they are honest borrowers and do not default on payment. “The point which...

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