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Category Archives: Banking

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  • November 16 2011

Tame your Home loan: Strategies to reduce it

Easy availability of home loans has accelerated the process of owning your own house. Nisha and Rishi have bought their house three years back. It was a smooth sailing and the home loan to them was Rs.37,286 as EMI, to be paid for next 20 years. With the expected salary raises, the amount could have […]

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  • August 16 2010

Base Rate system and it’s effect on lending rates

The banks have moved to a new base rate system. This is to make the lending rate more transparent. Also, the changes in lending rates are passed on to the client. Erstwhile Prime Lending Rate ( PLR) had been opaque and much of the lending were happening below this rate, in any case. Also, the […]

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