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State-owned Union Bank of India will raise retail term deposit rates by 25 to 50 basis points with effect from Monday, the bank said on Saturday.

Union Bank ups term deposit rates 25-50 points

Credit card owners can get a personal loan with little or no paperwork, and the rates are quite comparable.

A loan with no frills, cheaper too

State-owned Oriental Bank of Commerce (OBC) might consider an upward revision in its deposit and lending rates after the Reserve Bank of India's Annual Monetary Policy Statement for 2010-11 on April 20, Chairman TY Prabhu said on Monday.

Oriental Bank may raise rates after April 20

There has been a rise in prices, but not enough push is foreseen in the short term.

If buying a house for investing, wait

On the sidelines of a meeting here, SBI Chairman OP Bhatt said, &ldquo;We will wait for the April policy and then decide (whether to increase lending and deposit rates).

SBI mulls raising key rates in a few months

I have an investible surplus of Rs 2 lakh. My financial planner tells me to put it in index funds or exchange-traded funds.

INVESTING: Hemant Rustagi

Apurva Behra, 28, is anxious about the interest amount he is losing on account of the Rs 1 lakh lying in his savings account. While he is not happy with the meagre 3.5 per cent interest rate, he is yet to identify the right instrument to park his money.

Stay on short side of curve

Though most banks have exited dual-rate plans, average rates are quite competitive.

It's ok if you are not teased

Ever thought of getting paid an allowance when your car is in the workshop? It&rsquo;s not as improbable as it seems. For, general insurance companies now have policies that provide a daily allowance for up to 10 days when the car is damaged.

Daily allowance for damage

I have taken a car loan with some installments still unpaid. Recovery agents of the bank have been calling me or visiting my place. The resale value of my car today is less than the total dues that I have with the bank.

DEBT COUNSELLING: Sanjay Agarwal

Credit card reward points is an additional benefit for card holders. Smart usage of the reward points accumulated by converting these to specific benefits can ensure extra value being generated for the user.

An eye for extras

Taking a health plan does not mean all our expenses on hospitalisation is covered. To name a few, travelling to and fro from the hospital, special diet expenses and expenses for relative staying with patient are not covered under medical plans.

Help to manage extra expenses

In deciding to upgrade to a bigger home, don't allow optimism to cloud economic calculation.

More space can space you out

Intangibles like goodwill, licences and brand are not on the balance sheet, but they have their worth.

Can't see, can value

Insurance and investment are two different needs. Then, there are Ulip pension plans with no sum assured. No wonder, there is confusion.

What makes Ulips controversial

I am planning to buy a house. I have heard that a life insurance policy can help in increasing my eligibility.

INSURANCE: Kamesh Goyal

For centuries, gold has remained a precious and treasured commodity. If you plan to shower its splendour and glitter at your daughter&rsquo;s wedding, here&rsquo;s an opportunity.

Reasonable returns, but illiquid

A strong rupee has made international holidays cheaper by around 10 per cent.

Travel gains currency on rising rupee

Vivek Jugran, 30, was working in a fast moving consumer goods company for the past seven years. However, his career was not going anywhere. His prospects were getting stifled because he did not have a Master&rsquo;s degree in Business Administration, the coveted MBA.

Use equity to save and study more

I want to take a home loan to buy land. This land parcel is outside my city limits and categorised as non-agricultural. I intend to construct a holiday home after some years.

BANKING: Prashant Joshi

Personal Finance: Read about the smart strategies for Personal Finance Planning, Investing, Insurance, banking, budgeting, loans Tax Planning, retirement and insurance. Browse Business Standard to learn more on Personal Finance.

Personal Finance: Investing, Planning, Retirement, Loans, & Insurance | Business Standard

Read about the smart strategies for Personal Finance Planning, Investing, Insurance, banking, budgeting, loans Tax Planning, retirement and insurance. Browse Business Standard to learn more on Personal Finance.

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