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Buying a home is a big decision. Most of us take this decision once in life or max two times. Same is the case for choosing the bank to go for Home Loan. Below mentioned points are important to decide. 1. Property Listed with which Bank-Most of us take a lot of time to decide […]

The Indian economy is growing faster than the officially quoted 8%-8.5% GDP growth rate, said KV Kamath, the newly appointed chairman of Infosys Technologies. At a meet-the-press event here on Saturday, Kamath said India is actually growing at 11%-12%. Kamath said the economic data used to compute growth rates are not accurate. “As long as […]

The HDFC home loan sector had earned a profit of Rs 844.53 crore during the first quarter that ended in June 2011 which was quiet high in comparison to the figures of previous year amounting to Rs 694.59 crore. These figures of profit were attained when the interest rates were quiet high and the demands […]

How will shifting help? If you had applied for a home loan before 1 July last year and it hasn”t been renewed since then, in all likelihood, the interest on your loan is still based on BPLR. It has now been a year since the Reserve Bank of India directed banks to move from the […]

1)       The sweep facility is provided by banks to merge the benefit of liquidity offered by a savings account with higher returns provided by a fixed deposit (FD). 2) Investors can open a savings account and have a fixed deposit linked to it or vice versa, that is, open a fixed deposit and link it […]