The action in the home loans market seems to be hotting up with many banks and housing finance companies moving to match the competitive schemes unveiled by the country&rsquo;s largest lender, State Bank of India.

Mortgage lenders move to match SBI rates

Business Standard

Exemption from Complications

When the price makes a new high and the oscillator, which we covered last week, fails to make a new high in the same period, the two are said to be in divergence. This divergence is called negative divergence. Similarly, when the price makes a new low and the oscillator fails to make a new low, the two are again in divergence. But this divergence is called positive divergence.

Spotting a divergence

But the card population witnesses 1.21 million casualties.

Average credit card spend up in June

Filled gaps can be used as crucial support and resistance levels.

Assessing a profit-booking theory

Not the best of both worlds

The ban on entry load on mutual fund products could impact distributors and asset management companies (AMCs) in terms of profitability and reduce their reach beyond urban centres, according to a report by the management consulting firm, McKinsey &amp; Company.

Ban on entry load may impact AMCs: McKinsey

Reliance General Insurance-led consortium bags the mandate for $24.3 million.

Nacil manages to control insurance cost

Island reversals are isolated data points separated by gaps. After an extended rally, the stock &quot;gaps&quot; higher, that is, it proceeds to open outside of the most recent trading range. After trading in the new higher range for several sessions, a second gap occurs, only this time the move is lower.

Spotting Island Reversals

That beautiful, old house, palatial by current realty standards, was something Sanjeev Desai had been eyeing for a while. Everything was just about perfect. The house looked great and fit his budget. After paying the token amount, he started scouting for the lender. He approached a bank, which sanctioned him a loan within the next 15-20 days.

Make sure that the bank gets all the papers

One option available this year for filing income tax returns has been the internet route. This process is known as e-filing of returns and is meant to ensure saving of time and paperwork for taxpayers. It was, however, likely that for a large number of people, there will still be some element of physical work. This can create an element of uncertainty. Now there is some relief for people looking at this route for filing their returns, but this could well turn out to be temporary.

E-filing needs more facilitation

Swati, an insurance advisor, was narrating her experience of late in selling insurance policies. Whether it is the young lot, middle-aged ones or senior people, most clients are going for a single-premium policy. All these years, most of us have been accustomed to pay insurance premium on an annual basis. Why this shift to a single-premium policy? Let's try to analyse.

Single or yearly?

For Shalini Nandwani, a housewife, the Budget means little. While finance ministers talk about bringing down inflation, it seems to go up every year. For instance, one litre of cooking oil was costing her Rs 83 last year. This year, it's up at Rs 95. &quot;Where is the so-called negative inflation?&quot; wondered Nandwani. The tax benefits that were given by Finance Minister P Chidambaram in the last year's Budget were welcomed.

A common man's Budget wish list

One year after the Insurance Regulatory and Development Authority&rsquo;s (Irda) allowed insurance companies to invest in venture capital (VC) funds, no insurer has shown interest in funding VCs.

Insurance firms shy away from VC funding

The mutual fund industry&rsquo;s assets continued to grow in June. The average assets under management grew (AAUM) from Rs 639,129.81 crore to Rs 670993.13 crore, a rise of 5 per cent, or Rs 31,863.32 crore.

Mutual funds' assets rise 5% in June

Spotting trend reversals

SBI has sought to be a lender of choice through aggressive cuts in lending rates. but borrowers need to do a proper Analysis.

Slashing season

Your financial planning may need an overhaul.

After the Big B

With the Securities and Exchange Board of India (Sebi) abolishing the entry load on mutual funds, sector experts believe distributors are likely to aggressively push high-commission insurance products. The quashing, applicable from August 1, will bring down their commission to less than half of what they earn right now. The result is likely to be aggressive selling of, for one, unit-linked insurance plans (Ulips).

Don&#39;t get swept by Ulip talk

The month of June has been an average one for mutual fund (MF) investors, but the quarter &ndash; April to June &ndash; as a whole has more than made up for the lag, with a historically best performance.

Equity funds set all-time record

The decision to remove the entry load had come on June 18, while the NFO of Reliance Infrastructure Fund was still on. However, this decision will be effective from August 1. So, Reliance Infrastructure's NFO was not bound by this ruling. NFOs coming on or after August 1 will not charge any entry load.

Dividend option for short  term, growth for long term

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.

Page 934 - Personal Finance