SBI, India’s leading public sector bank has disclosed that they will be charging 14% interest per annum on loans taken for NANO, the world’s cheapest car. So, people can now get loans at these low rates in India and take home a brand new NANO. But, there are terms and conditions which are fixed for […]
Home loans getting costlier due to record inflation
India is suffering from record high inflation. Inflation in India soars to a record 13 – years high of 11.63 per cent for the week ended June 21, 2008. To control inflation The Reserve Bank of India on June 24 implemented a 0.5 per cent hike in its short term lending rate to banks and […]
ICICI BANK Cut Interest Rates
It’s good news for all home loans consumers from India because just from the next month The ICIC Bank which is a biggest private lender saying it could cut interest rates in the first quarter of next Fiscal. And this one not only for new customers, but also for the existing Floating- rate clients also. […]
Starting a Business? Here’s What to Do With Your Personal Finances
Starting a business is a whirlwind not just emotionally but also financially. There’s a lot to do and a lot to learn. As you take on the challenge, you can’t let your personal finances slip. Many business lenders require a personal guarantee. Even if yours doesn’t, you don’t need the additional stress. Building a business […]
Over 28% of credit-active consumers in South Africa has a credit card
A new study carried out by TransUnion found that 28% of credit-active consumers in South Africa hold a credit card. Even though this study concentrated on the credit activity of “Gen Z” consumers –those born in and after 1995–, it also shed a light on the consumer credit market as a whole. Credit Activity The […]
How to Give Your Personal Finances a Tune-Up
Many people have a lot of anxiety around personal finance. This can lead to a situation in which they are spending more money than they realize simply because they do not want to review their overall situation. Whether this sounds familiar or you have been neglecting because you don’t have time to go over or […]
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