LIC Housing Finance increases home loan interest rate by 35 bps [ad_1] LIC Housing Finance (LIC HFL) has revised the benchmark prime lending rate (LHPLR). The benchmark prime lending rate is used in the pricing of home loans. The revised interest rates on house loans are effective from December 26, 2022. According to the LIC HFL press release, “LIC Housing ...

Bank of Baroda hikes FD interest rates: Senior citizens can earn up to 7.55% [ad_1] Bank of Baroda has announced an increase in retail term deposit interest rates. Domestic fixed deposits under Rs 2 crore now have higher rates. The new rates are valid from December 26, 2022, according to a Bank of Baroda website. After the hike, the bank ...

Don’t have time to plan investments? Here’s what you need to do [ad_1] Rohan is 37 and recently married. He has a stable job and earns a decent income. However, he is unable to save any money. He and his wife enjoy frequent outings, shopping and holidays, which costs money. While Rohan wants to invest some part of his income, ...

What are the different types of loans? [ad_1] Auto loans are used to buy cars and are medium-term loans with a moderate rate of interest. In case of a default, the car is taken back to recover dues. [ad_2]

Rupee opens flat at 82.79 against US dollar as crude oil prices rise The rupee on Monday started the session on a flat note against the US dollar amid rising crude oil prices and persistent foreign capital outflows. At the interbank foreign exchange, the rupee opened at 82.79 against the dollar and lost ground to ...

MF portfolio doctor: Sethi needs to switch out of equity mutual funds for short-term goal [ad_1] Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, ...

3 reasons Laurus Labs is this week’s stock pick [ad_1] Pharmaceutical and biotechnology company Laurus Labs reported decent performance in the second quarter of 2022-23 with a 30.9% y-o-y revenue growth. This was supported by robust growth in synthesis and non-ARV (anti-retroviral) API segments. However, the price erosion in the ARV segment and elevated operational costs dragged net profit, which ...

We persist in ways we deal with our wealth, not checking if it can be made better [ad_1] Every time the year draws to a close we like to review what worked and what did not. Sometimes we indulge in forecasts based on trends we have seen. We also use the opportunity to list out the surprises and the unexpected ...

LIC may look at composite licence post amendment in Insurance Laws The country’s largest insurer LIC may take a call on composite licence clause after the passage of Insurance Laws (Amendment) Bill in Parliament, sources said. As per the proposed Bill, an applicant may apply for registration of one or more classes/sub-classes of insurance business ...

ICICI Bank’s ex-CEO Chanda Kochhar, husband sent to CBI custody till Dec 26 A special court in Mumbai on Saturday remanded ICICI Bank’s former CEO and MD Chanda Kochhar and her husband Deepak Kochhar in the custody of the Central Bureau of Investigation (CBI) till December 26 in connection with alleged cheating and irregularities in loans sanctioned ...