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A price war between the major banks to secure new mortgage customers hasn’t resulted in a rush of borrowers seeking to refinance their home loans, a mortgage broker says. At the same time, another home loan provider is warning homeowners to read the fine print of their existing mortgage carefully before trying to take advantage […]

A new co-branded credit card spells good news for those with LIC life policies. The last time when you got rewarded for good behaviour was probably back in your school days! If you think good behaviour no longer pays, well, think again! Axis Bank and LIC of India, the country’s largest life insurance provider, have […]

Fixed income investors constantly see for products that wage them higher interest rates. With increasing interest rates, company deposits and bonds have caught their attention, offering a lot to prefer from. Apart from the traditionally safe fixed deposit (FDs), today, there are company FDs from the likes of Mahindra Finance and Shriram Transport giving 10.50% […]

More than 2,000 establishments that command their employees provident fund accounts may soon human to handover the whole corpus to the Employees’ provident fund Organisation, or EPFO. The top policy-making body of EPFO, the Median Plank of Trustees, has endorsed a proposition, which seeks to train forth the trusts’ reactionist to win the funds. The […]

With a growing number of consumers willing to leverage themselves for a second home, car or even travelling abroad, there has to be constant focus on cash management. A salaried couple in their early 30s had taken a home loan two years ago. They were jolted out of their lethargy when they saw a sharp […]