Interest Rates: Should you be worried about rising interest rates? Impact on loan EMIs, debt, equity investments [ad_1] When the RBI hiked the repo rate on 4 May and again on 8 June, the stock market was shocked. Within a week, the Nifty slipped more than 7%. But the latest rate hike on 5 August has not ruffled any feathers. ...
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Expecting to sustain loan growth of 15% in current fiscal: SBI chairman
Expecting to sustain loan growth of 15% in current fiscal: SBI chairman State Bank of India (SBI) has said it expects to sustain credit growth of about 15 per cent in the current fiscal with rising demand from retail and corporate borrowers despite hardening of lending rate. The country’s largest lender reported a 14.93 per cent rise ...
Read More »What are the subsidies and waivers available on purchase of electric vehicles
What are the subsidies and waivers available on purchase of electric vehicles [ad_1] 1.Some state governments offer subsidies for purchasing electric vehicles. 2.Maharashtra offers a maximum subsidy of Rs.1.5 lakh on a 4-wheeler EV for the first 10,000 buyers, and Rs.10,000 for 2-wheeler EVs. 3.For electric vehicles purchased using a loan, there is a tax exemption on the interest, of ...
Read More »How much money is enough? 5 points to think about
How much money is enough? 5 points to think about [ad_1] Whenever we discuss personal finance problems, I have noticed people resign to their situation with the words: “If only we had more money”. Many sincerely believe that the root cause of their problems is not having enough. That has to be a gross oversimplification. How much money is enough, ...
Read More »I take care of my ill father without any help from my brother. Can he stake claim to my father’s property?
I take care of my ill father without any help from my brother. Can he stake claim to my father’s property? [ad_1] Q.My father has been ill for five years and I’ve been taking care of him without help from my brother. My mother is not alive. Can he stake a claim to my father’s property? — Veena Assuming that ...
Read More »Equity Mutual Funds: What can 30 years of equity mutual fund investing do to your savings?
Equity Mutual Funds: What can 30 years of equity mutual fund investing do to your savings? [ad_1] A couple of weeks back, HDFC Mutual Fund’s Chief Investment Officer Prashant Jain quit his job after 19 years at the company. Jain has been one of India’s most celebrated fund managers over the decades, even though he had been going through a ...
Read More »FAQs answered on name,address change on Aadhaar card
FAQs answered on name,address change on Aadhaar card [ad_1] What details can I update through the Update Aadhaar Online Service? You can update your Name, Gender, Date of Birth (DoB), Address and Language through Update Aadhaar online Service. Please ensure that your mobile number is registered in Aadhaar while using this service, says the UIDAI website. (Text by Sneha Kulkarni. ...
Read More »SBI hikes MCLR for various tenures by 20 bps; third hike in three months
SBI hikes MCLR for various tenures by 20 bps; third hike in three months State Bank of India (SBI) has increased its marginal cost of funds-based lending rate (MCLR) by 20 basis points (bps) across tenors from August 15, announcing the decision after the monetary policy committee (MPC) raised benchmark policy rates by 50 bps earlier this month to ...
Read More »Rate hike: You can transfer balance with these cheap home loans
Rate hike: You can transfer balance with these cheap home loans [ad_1] [ad_2]
Read More »10 top no credit check loans and online payday loans for bad credit with guaranteed approval in 2022
10 top no credit check loans and online payday loans for bad credit with guaranteed approval in 2022 [ad_1] Generally, bad credit scores limit your loan options and may disqualify you from many banks and traditional lending institutions’ loan offers. At this point, many frustrated borrowers get drawn in by commercials that promote no credit check loans with guaranteed approval. ...
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