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Rush to take loans, invest short term
High deposit rates may put pressure on teaser home loan rates Investors in fixed deposits would be a happier lot after the Reserve Bank of India’s (RBI) moves in the First Quarter Review of Monetary Policy. But potential home loan borrowers may not be happy. Is splitting RBI an option? RBI Governor D Subbarao did not surprise many on Tuesday, at least on rates. A 25-basis point rise in the repo
High deposit rates may put pressure on teaser home loan rates Investors in fixed deposits would be a happier lot after the Reserve Bank of India’s (RBI) moves in the First Quarter Review of Monetary Policy. But potential home loan borrowers may not be happy. Is splitting RBI an option? RBI Governor D Subbarao did not surprise many on Tuesday, at least on rates. A 25-basis point rise in the repo
A better option for businessmen than salaried
When Idea Cellular General Manager Tejasvi Bishnoi finally shortlisted a house on the outskirts of Mumbai, his next task was to identify the loan product that would finance his dream home. His
Loans available, but not easily
Keep some cash in hand for tackling last-minute hurdles. When Brajesh Dhoot approached a private bank for a home loan, he was offered a rate of 8.75 per cent for 20 years. Also, the bank was willing
Keep some cash in hand for tackling last-minute hurdles. When Brajesh Dhoot approached a private bank for a home loan, he was offered a rate of 8.75 per cent for 20 years. Also, the bank was willing
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