Fixed income safer for higher loan

Avoid shares as collateral, as you may need to pay for the decline in stock price in volatile market. With the Sensex down 20 per cent since the beginning of the year, many investors are feeling the pinch. Besides the loss in value of investments, the use of your stock market investment as collateral had […]

PGI Energy, Inc. Announces $100 Million Financing Commitment

(1888PressRelease) PGI Energy, Inc. announces reaffirmed financing commitment agreement with AGS Capital Group. Houston, TX – PGI Energy, Inc. announced a reaffirmed financing commitment agreement with AGS Capital Group in its efforts to move the company onto the Frankfurt Stock Exchange as a bid to prevent short selling of the company’s stock, which is prohibited […]

Dual rate loans from ICICI Bank

If you are looking to buy a house, but are worried about the spiralling interest rates, ICICI Bank’s recently announced teaser home loans may help. After a two-year hiatus, ICICI Bank has come up with teaser home loans again. The scheme will allow you to fix interest rates for one or two years and pay […]

You can now use your Fixed Deposit for a loan

When interest rates rise steadily loan, you might think twice about any type of loan. In fact, you really need money, cash, and you think your property, instead of paying high interest personal loan. But there is a resource that is to be realized – fixed deposits (FDs). You can now find a solution in the […]

FinMin says raise tenure, not EMI

With higher rates of interest pinching individual borrowers and affecting their capacity to service their loans, the government has stepped in to ensure the interest of retail customers. In a letter to chairmen and managing directors of public sector banks, the finance ministry has asked state-run banks not to increase the Equated Monthly Installment (EMI), […]