Two members recommended bringing down the rate by 50 bps in the April policy.
Loans to wilful defaults are said to be a little over Rs 1 lakh crore.
While govt has decided to maintain status quo, don't use the money for house, marriage or education
Be extra careful while using credit cards because there is a risk of misuse
You can carry forward losses and revise the returns umpteen times in case of mistakes.
'Confidentiality needs to be maintained.'
The implementation of MCLR from April 1 has already led to a rate cut of 10 basis points on home loans by the country's largest bank, State Bank of India, and others.
Benchmark rate for new loans to be lower by 80-90 bps from Friday; move could increase competition but hit commercial papers.
An Aadhaar card can fast-track the KYC procedure for some instruments.
In the case of Iran, the lifting of sanctions has paved the way for direct relations.
The new penalty regime could create a fresh set of complications for tax payers.
ICICI Prudential has tied up with the healthcare service provider to enable investors in its ICICI Prudential Savings Fund use the money seamlessly for medical purpose.
Banks have been patient and flexible in rescheduling loans.
Things are expected to change dramatically in a few years for urban consumers.
Rationalisation in taxation on the retirement scheme puts significant money in the hands of investors.
Retirees have better options that offer liquidity, better returns and are more tax-efficient.
Investors were stuck in old schemes though they were suspended because of tax implications.
If the government decides to go back to the old regime where the EPF was not taxed but the NPS was, the latter will become an unattractive product.
The next revision will make the rates similar to those of bank FDs.
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