07-10-2015

With banks lowering interest rates, should you wait more?

With the RBI Governor slashing Repo Rates for the fourth time this year, banks are under pressure to pass on the benefits to the buyers. In this case, should you keep waiting for home loan interest rates to come down? The Reserve Bank of India (RBI) cut the repo rates for the fourth time this year, and brought it to a four-year low at 6.75 per cent. While experts had been expecting a rate cut by ..read more..

01-10-2015

Opt for e-commerce card if you are a regular buyer

To attract the growing population of online shoppers, banks are launching credit cards in tie-ups with e-tailers. HDFC recently launched a co-branded credit card with Snapdeal and SBI Cards has tied up with multiple online players to offer a SimplyCLICK card. Around 65 million consumers in India are expected to purchase online in 2015, against around 40 million in 2014, says ..read more..

29-09-2015

RBI brings Repo Rate to a 4 year low

The RBI announced a repo rate cut for the fourth time in 2015. Will this turn out to be the much needed Diwali bonanza for the real estate sector? In a surprise move, the Reserve Bank of India (RBI) cut the Repo Rates for the fourth time since January 2015. The 50 basis points (bps) cut has brought the Repo Rate to 6.75 per cent, the lowest in the last four years. The cut is being hailed by the real estate industry ..read more..