Home Loans Interest Rates will be increased
It is time for the home loans interest rates hike. Already leading home loans provider HDFC and ICICI has rolled back the two year fixed rates scheme. Few weeks back RBI had hiked the CRR rates by 0.75%. It reduces the liquidity in the system and tightens the monetary policy. It leads to banks revise [...]
ICICI Pru. Pinnacle – ULIP Policy
Introduction
In my previous article I have explained about the LIC Jeevan Nischay, a new policy introduced by the LIC. Here I am writing about the another new policy from the ICICI Prudebtion, called as ICICI Pru. Pinnacle. It is an ULIP policy. If you are not sure about ULIP policy, read our previous article What [...]
Learn About Mutual Funds
Introduction
In this blog I am writing about the Mutual Funds and risk factors involved in investing on Mutual Funds.Now a days investing in the share market and mutual funds are become very common and people choose mutual funds for one more reason, TAX Savings. As I heard, most of the people who invested on the [...]
SBI improved its ranking from 70th to 57th position
Even as the world financial markets have seen either the total disappearance or the loss of positions of top banks and financial institutions due to ongoing subprime crisis, it is now time for the Indian state owned banks and financial institutions to scale heights in global markets.
State Bank of India, the country’s largest bank and [...]
SBI’s 1000 days Fixed Deposit(FD)
Until a few years ago, FD rates were quoted in either number of months or years, but ICICI Bank took the initiative to launch specific days FD with launch of 390/ 590/ 890 days FD.
With the turmoil in US financial market and its impending effect on India, Indian customers are now more inclined to invest [...]
