The RBI on Thursday lowered the benchmark repurchase rate to 7.75 per cent from 8 per cent, the first reduction since May 2013.
BoB's offer of a lower home loan rate to customers with credit scores of 760 and above makes it incumbent on everyone to pay heed to this all-important number.
An excerpt from 'Money Smart: The Indian Woman's Guide To Managing Wealth' by Reenita Malhotra Hora and Divya Vij that reveals various options to help you save tax as well as invest for creating long-term wealth.
The prime minister's sop is expected to give a massive boost to priority-sector housing loans, thereby pulling the entire housing loan portfolio of banks.
For an entrepreneur, managing his personal finances well is half the battle won.
While you can always correct them, the sooner you do it the better it is for you, says Sanjay Kumar Singh
Managing your money in January will set the trend for rest of the year, says Adhil Shetty.
Don't think twice to secure your most prized possession. It protects your precious home against unforeseen calamities
Once you follow these, it is also important to deploy your savings in inflation-beating investment avenues.
Thousands of homeowners across housing projects owned by Jaypee Infratech and the Amrapali Group are running out of options. Jaypee Infratech and Amrapali are among the 12 big corporate loan defaulters against which the RBI has ordered initiation of insolvency proceedings.
Sale of iPhones hits the bottom; firms to postpone new launches; shipment might fall short of 2016 target.
The first step in your order of priority should be to pay off any high-cost debt you might have incurred.
A summary of sports events and persons who made news on Saturday
At that time, nobody would have thought a construction period of three to four years would be grossly inadequate
A dummy's guide to all you must know about before availing an education loan
RBI has pegged the GVA growth of 7.6 per cent for the current fiscal and 7.9 per cent the year after
'Did she, for a minute, think of what I've gone through or what my parents have gone through?' 'I've gone through hell. I wasn't given a chance to grieve for Pratyusha.' 'It was her financial mess that landed her in depression.'
The HSBC Emerging Markets Index, a monthly indicator derived from Purchasing Managers' Index surveys, inched up to 50.6 in May from 50.4 in April, indicating weak output growth across global emerging markets.
If you have recently been laid off or are worried that your neck may be in the line, it is natural to be worried about your finances. But worrying, as you know, will not get you anywhere. Here are some tips about what you can do to keep the boat from rocking and keep your CIBIL score intact while doing so.
The HSBC Emerging Markets Index, a monthly indicator derived from the PMI surveys, inched up to 50.4 in April, from 50.3 in March, signalling only a marginal increase in output across global emerging markets in April.
Returning to the Olympics after a hiatus of 36 years, Indian women's hockey team showed tremendous fighting spirit and came from two goals down to eke out a 2-2 draw against higher-ranked Japan in their opening Pool B match at the Rio Games in Rio de Janeiro on Sunday. The Indians, ranked 13th in the world, were trailing by two goals at half time after World No. 10 Japan scored through Emi Nishikori (15th minute) and Mie Nakashima (28th). But the Indians made a valiant fightback as Rani Rampal (31st) and Lilima Minz (40th) scored a goal each in the third and fourth quarters to secure points for their side.
Home loan rate for new customer is 9.9 per cent.
Only double-income households can buy flats in India's top 8 cities, except Mumbai
We have eight reasons to celebrate Monday mornings at work. Here goes...
'The harmful side effects of what we call 'management toxicity' are affecting more and more Indians,' note Jeffrey Pfeffer and M Muneer.
United down Newcastle after Saints stun Chelsea on a dramatic night in the English Premier League.
China posted the sharpest increase in output for 15 months, while India saw the steepest expansion since February 2013.
Don't worry about volatile, erratic cash flows, freelancers. Vishal Dhawan explains how you can invest and achieve your financial goals despite irregular income.
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
There will be tripartite pact with member, bank/housing agency and EPFO.
Make yoga your way of life and enjoy the unconditional and uncountable benefits leading to better physical and financial health, says Harjot Singh Narula
This is a post that should be read by all those above 23. If you did not read this at 23, then read it now.
Parens must start preparing to save fortheir children's higher education at an early stage.
A Reserve Bank panel has suggested a benchmark floating interest rate, especially or home loans, to bring greater transparency in the pricing of credit.
The Reserve Bank on Tuesday asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of 'innovative' housing financing schemes.
Here's a quick glimpse into what goes into the making of a person's CIBIL TransUnion Score
In an online chat with readers on October 14, Anil Rego answered their credit card queries.
In a chat on rediff.com, Feroze Azeez offered valuable tips.
These institutes, while expensive, are a viable alternative to studying abroad.
Check out how Indian athletes fared on the second day of the 2016 Olympics.
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