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Indira Gandhi National Open University’s (IGNOU) Vice-Chancellor Professor V N Rajasekharan Pillai said that presenting your creative art and talent before others involves some sort of a compromise. But, they at the IGNOU do not want that. As per sources, he said this in a three-day Orientation Programme of the Gurus, held from January 17, 2011, […]

Your dream car just got costlier in 2011, thanks to rising interest rates. But should you postpone the decision to buy a new car? Not if you have been saving up for 2-3 years. It is definitely not the best option to bank highly on a car loan. Ensure you cough up at least 30% […]

In a bid to undo the damage caused by the recent loan bribery scam, LIC Housing Finance (LICHF) has stopped financing project developers, according to a top official. He, however, said the company would resume lending but added that loans would be approved on a case-to-case basis. “We have not done any project financing and […]

A personal loan can be used for all types of things plus they offer flexible payback periods and interest rates. Holiday is the first thing that comes to mind when you have a bit of money especially as holidays are quite economical these days. But this is not the best applications of personal loans. They […]

Even if the Reserve Bank of India (RBI) increases interest rates in the third quarter review of the monetary policy next week, banks will find it difficult to pass on the same to customers. Moreover, stiff competition will keep an upward pressure on deposit rates. Thus, banks, which expect healthy margins in the third quarter, […]