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's Repo Rate Cut: Will It Boost Home Loan Market?

The ball is in the bank's court now to reduce base rate and pass on the benefit to borrowers. Rejig, however, is required for bank fixed deposit investors, writes Sunil Dhawan Markets always look for triggers. For months, it kept waiting for the big rate cut to happen. It came albeit at a time when the global markets were at a turmoil. On 29th when Reserve Bank of India (RBI) was announcing its..read more..