EMI News

Pledge future PF to pay home loan: plan for weaker sections

The scheme would, however, be available only for low-cost housing and subscribers whose monthly salary is less than Rs 15,000. These workers constitute about 70 per cent of the EPFO’s five crore subscribers.

EMIs and loan tenures set to go down

Experts feel that the policy rates may go down by up to 100 basis points (1 percentage point) in the calendar 2015.


RBI holds rates, says future policy to be inflation driven

You can’t take the patient out of medicine before he’s cured: RBI Governor Raghuram Rajan.

Decoding a Big Market, and Big Opportunities

The book questions the strategy for a future Indian consumption story.

SBI slashes home loan rates,HDFC follows with ‘special winter bonanza’

Cut in rates is due to reduction in risk weightage and poor demand for home loans.

Emerging market growth expands in November,Indian private sector contracts

For India,index increased in November to 48.5 but remained below 50 mark that indicates expansion.


Plasma TVs fly off the shelves this Diwali

Freebies and discounts have seen rising sales in consumer durables and lifestyle products.

RBI raises repo rate 25 bps,hopes to control inflation

The moves are meant to encourage banks to keep EMIs unchanged.

RBI says fee on debit card usage not permissible

The Reserve Bank of India has directed banks to terminate relationship with merchants who charge customers a certain percentage of debit card transaction value as processing fee.

Rajan unmoved by US Fed effect,prepares shield for tough days ahead

Interest rates to rise as RBI hikes rates; Sensex plunges by 382.93 points to 20,263.71; Rupee declines to 62.23/$