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Rajeev lost his job recently and his immediate worry is home loan EMI of Rs.15,000. For a person with an annual salary of Rs.3.0 lakh, this is a huge burden. He is having sleepless nights. He has cut his household budget to minimum and savings have been reduced too. Where did Rajeev go wrong? Initially, […]
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There are many situations you face in your Lifetime where you have to borrow money from someone to satisfy your needs which could be purchasing of some assets or for personal expenses. Your Desires govern your needs and Loans help you to convert that need into demand. When you borrow from a Financial Institution, your […]
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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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