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If you have a credit card then there are some concepts and terms related to using these cards that you must familiarize yourself if. Better knowledge of these will have you save money, especially if you are a regular user of your credit card. 1. Annual fee: Did you know that some types of cards […]

Yes, it is time to expect more from your credit cards besides cash backs, discounts and reward points. You can even expect complimentary cover with your card! Credit card issuers are offering consumers premium cards that have an in-built insurance cover for travel-related (usually abroad) eventualities. In fact, most premium cards come with complimentary insurance […]

India’s largest gold loan lender Muthoot Finance, a part of the diversified Muthoot Group, said it will raise up to Rs 900 crore from an initial public offer (IPO) that opens on Monday (April 18). “The issue, priced in a band of Rs 160-175 per share, would see the company issuing 5.15 crore fresh equity […]

Banks and housing finance companies are seeing a slackening in demand for home loans. Prospective buyers are postponing decisions on expectation that the high property prices will cool off. Further, the gradually rising interest rates are also acting as a demand dampener, say market players. Though numbers are not forthcoming from lenders, officials from three […]

If softening deposit rates are any cue, auto and home loan borrowers can breathe easy as lending rates may come down or remain at current level for some time. Bankers said current home loan interest rates are not going to rise soon as there is enough liquidity in the system and some lenders have even […]