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In response, NBFCs, whose balance sheets depend on car loan, are pondering new strategies to sustain their growth. Pessimism, however, seems to be creeping in slowly as lenders slash their overall growth expectations. Both the macro scene and the micro economy look quite bleak, they say. And analysts are clueless when uncertainty will lift. Umesh […]

The rapidity of expansion in home loans is on the decline after for a short time gaining momentum in mid-2011. High interest rates on housing loans are indeed larceny home buyers, forcing them to postpone investment decisions. Though most banks continue to see their home loan arm growing in size but the growth is low. […]

ICICI Bank and American Express launched a platinum credit card christened as Rubyx in partnership, a company engaged in the credit card and travel services and MasterCard, the payment gateway provider. The new credit card offers dual benefits wherein a cardholder will receive two cards. “Card members will receive two cards – the credit card […]

Everyone has their own reason for refinancing, but usually to save money or take cash out. Refinancing your home loans can be an excellent way to manage your debt load, reduce stress and save yourself a lot of money. There are several ways that a new refinanced loan can help you with your monthly budget […]

At a time when interest rates on home loans are hovering around 11-14 per cent, realty firm BPTP has ties-up with HDFC to finance new purchases of houses at just 5.99 per cent for a limited period till December 31. The rates, however, will be applicable for EMIs for the first five years. “BPTP ties […]