ArticleField.comInternet's Fastest Growing Free Content Article DirectoryThe country’s largest lender State Bank of India (SBI) said its credit growth might be 16-19% this fiscal, lower than earlier estimates, mainly on account of slowdown in demand for long term equipment finance because of high interest rates. “We estimate [credit demand] to be between 16-19%. Earlier, our estimates were between 19-22%. But, with […]
Ongoing rates hikes are ownership rates on fixed deposit high, but it is also setting the stage for interest rates to return in the upcoming months. Investors will do surface to alter maturities of their fixed income portfolios. If you are predominantly invested in fixed deposits, FMP’s (Fixed Maturity Plans), polity run fund schemes much […]
A home loan has to be repaid within a specified number of months through equated monthly installments (EMIs). EMI is the monthly payment you make on your home loan. It is a arrived at with interest and principal components. The total monthly amount is calculated in such a way that it remains constant all through […]
As India’s central bank continues its watch on money flow into the property industry, botanist make sharply enlarged their danger to realistic land firms. ICICI bank has a whopping Rs 25,094 crore danger to historical acres firms in 2010-11, an amount of 85 % over the early business period ended District 2010. This is followed […]
Automotive sales in India for the fiscal ended March 2011 were 26%. But rising interest rates on loans coupled with moderating automotive sales peg the industry growth at between 13 to 14% for the current fiscal. Since most vehicle purchases are bankrolled, the auto finance business is also expected to mirror vehicle sales. With automotive […]
