Articles by Bhavana Jhingan
Free sms of 470 characters without ads -
by
Bhavana Jhingan
There are a plethora of new technologies coming every day. Not only there is advancement in technology but also in the ways to communicate. With the Internet age, people demand fast & effective communication. It will be more appropriate to say cost effective communication. Free...
Home Loan–Teaser rates-Are they good? -
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Bhavana Jhingan
What are teaser rates? In order to encourage demand for home loans from customers, banks started offering what we call ‘teaser rates.' These rates are typically introduced at a lower interest rate in the initial year and later increased. Much to the dismay of the...
Personal Loan Vs Debt Council -
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Bhavana Jhingan
The tool many people use to help them get out of their poor credit situation is to apply for easily obtainable blacklisted loans. How does it happen that so many people are blacklisted? People fall behind on their payments due to the difficult financial times...
Tips for get a low rate personal loans -
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Bhavana Jhingan
Personal loans are handy when you are in a spot and need some urgent cash. However, personal loan are tricky and you need to know as much as possible about their basics before applying for one. Before you choose your personal loan: Calculate the inexpensive...
Deutsche: RBI to lift rates by 75 bps in 2011 -
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Bhavana Jhingan
The central bank is likely to resume its rate tightening cycle in January and raise key interest rates by another 75 basis points in 2011, Deutsche Bank said in a note this week. The Reserve Bank of India (RBI) has raised rates by 150 basis...
SBI plans to raise $2 bn, look at retail lending overseas -
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Bhavana Jhingan
The country's largest lender, State Bank of India (SBI), is set to raise $2 billion, including 500 million euros from overseas market, in tranches by the end of this financial year. The money is being raised to fund the expansion of the bank's international operations....
Differentiate good from bad loans to settle debt-free -
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Bhavana Jhingan
It is general facts that any borrow may result in a debt trap. But this is not always true. A loan which leads to the creation of an asset is not bad, provided the quantum of loan should be within the repaying capacity of the...
Housing finance cos told not to impose loan pre-payment charges -
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Bhavana Jhingan
Borrowers from housing finance companies such as HDFC , LIC Housing Finance and Dewan Housing may not have to pay pre-payment charges if they make the payments out of their own source of funds. National Housing Bank, regulator for the housing finance companies, has issued...
Latest Trend for Diwali - Pre paid Gift Cards -
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Bhavana Jhingan
Diwali's a time for gifting —- spreading the joy, so to say. Corporates, especially, are a busy bunch around this time, sending out parcels for patrons, business contacts and employees alike. The gifts themselves have been changing over the years. Traditional giveaways such as sweets,...
Tips for best car loans in India -
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Bhavana Jhingan
But for a car loan , things are not that simple. What if you wanted a model that the manufacturer was trying to push? The interest rate, in such a case, could go down even to the 6 per cent range or lower. So, things...
Railways to come out with smart cards -
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Bhavana Jhingan
Quickly, passengers will not need to buy ticket every time for travelling. Instead of ticket, one can purchase a rechargeable smart card that can be swapped to board a train. Railway ministry is in talks with State Bank of India (SBI) to find out the...
Festival Season: Right Time to Get Loans -
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Bhavana Jhingan
India is a county of festivals and the spirit of each festival is so high that it makes everyone part of it by dropping across pious lines. But festivals are not just restricted to fun and celebration, during these times the market turn buoyant. While...
Retail investors craze for Coal India IPO pie worries experts -
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Bhavana Jhingan
Record subscriptions for the Coal India initial public offer (IPO) from retail investors have made people, from finance minister Pranab Mukherjee to company chairman Partha Bhattacharyya, happy, though some financial advisors are a worried a lot with the leverage the salaried class is taking to...
SBI hikes the base rates -
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Bhavana Jhingan
The State Bank of India (SBI), the major lender in the nation, publicized an increase in its loan rates. The base rates, which rolled up into effect by July 1, 2010, by 0.1 % to 8.6 % and the benchmark prime lending rate (BPLR) by...
Opt for dual rates home loans -
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Bhavana Jhingan
With the festive season on, both builders and banks are busy launching special deals and home loan packages for potential buyers. Mukesh Ambani to move into the the world's costliest home But there is a catch. Some of the festive rates on offer are going...
SBI up lending rate by 10 bps to 7.6% -
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Bhavana Jhingan
State Bank of India (SBI) increased base rate or the minimum lending rate for the new borrower by 10 basis points to 7.6 %, a move that would make all kinds of advances, including corporate loans, costlier. The bank has revised the base rate below...
HDFC Bank to advertise home-loans through Internet -
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Bhavana Jhingan
Home-loan products have long been sold through the abused tactic of unsolicited calls, but in a sign of change, private lender HDFC Bank will soon be acquiring customers through an interactive web chat where the customer wilfully logs on for details. "We see the cold-calling...
Shriram Group eager to come in banking space -
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Bhavana Jhingan
The Chennai-based Shriram Group, which is keen to enter the banking space once the RBI issues the final guidelines on the entry of new players, believes it can leverage its 50-lakh customer base across companies for a successful business. "Many of our chit fund customers...
Home loans get tougher, fixed deposits get more -
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Bhavana Jhingan
Your home loan rates may have just witnessed another hike and the banks might have increased the tenure of your loan, which is their first way to transfer the rate hike to customers. The lenders have increased the base rate for new customers and the...
LIC Housing Finance hike rates -
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Bhavana Jhingan
LIC Housing Finance and Magma Fincorp have raised lending rates by 50 bps as money turns more expensive. Close to ten banks hiked their base rates last week by 25-50 bps as deposits became costlier and other non-banking finance companies (NBFC) and housing finance companies...
