Housing finance companies step in to provide loan to customers turned away by banks.
Buying a four-wheeler this month can help save on cost, but check first.
The word 'zero' is the bait used to lure gullible buyers. In reality, the customer ends up paying an interest rate comparable to that on a consumer durable loan; in some cases, even higher.
With HDFC also jumping on the dual-rate bandwagon, a home buyer has some good options.
Though Dubai has great infrastructure, the decision to purchase should be delayed by another four-five weeks.
Many investors are lured with dividends that mutual funds pay, without realising that they are getting their own money back.
The first phase of this online platform will be in place by March 2010
Even if they are a small part of your portfolio, these funds can help reap rich returns.
Companies with 10 employees may also come under EPF Act.
IndiaBulls Power IPO's charged-up performance (the issue was subscribed 21.84 times) earlier this month had only one jarring note: the retail portion of the initial public offer barely scraped through, with a subscription of 1.09 times.
Samar Roy applied for a credit card with a leading private sector bank last month. Though the world has changed since the days banks chased customers to offer credit cards, Roy was confident he would get one. He was earning a reasonably good salary and had no loans or credit cards to his name.
Keep some cash in hand for tackling last-minute hurdles.
It's time to book a little profit and realign your portfolio according to your preferred debt-to-equity ratio.
Many smart buyers wait for the year-end to buy a car. Auto makers and dealers come up with the best discounts in the month of December to clear stocks. But if you are planning to buy a car any time soon, the current festive season could be an equally attractive opportunity, thanks to the availability of cheaper finance.
Currently, ICICI Bank and HDFC do offer fixed-rate loans but the differential between fixed and floating rate loans is huge.
With returns improving due to the stock market rally, MIPs have started looking more promising.
For instance, new fund offers of ICICI Prudential, Tata Mutual Fund and Fortis are on, while Religare, HDFC and Principal PNB have applied for launching NFOs.
Mhada presently has only Mumbai and Nashik cities in mind. If it takes off here, the thinking is to extend this to Pune and Aurangabad, and then elsewhere, if a common formula could be arrived at.
For retail investors, who had suffered big losses in the mayhem that started in January 2008, this is certainly a good news. Since mid-March, when the Sensex was languishing at 8,000 levels, there has been a sharp change in the mood. Markets have risen over 100 per cent. Even returns from mutual funds have improved substantially.
While govt banks are offering lower rates, private lenders are dangling higher loan-to-value proposition.
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