The country&rsquo;s second largest private lender HDFC Bank and public sector players Bank of Baroda (BoB) and United Bank of India raised their prime lending rates by 50 to 75 basis points.
HDFC

HDFC Bank, BoB hike rates

Business Standard

In a move that will bring cheer to health insurance policyholders, non-life insurers are finalising the contours of a new product that will have a common minimum standard cover and will be renewable

Now, insurers can`t refuse health cover renewal

Now, returns up 15-20% over Apr levels.
Individuals are lining up to park their money in fixed deposits (FDs), what with the instrument earning 15-20 per cent more than what they were in

Investors flock to fixed deposits

With higher interest rates, bankers today said their loan portfolios will grow at a slower pace, partly because of the caution being exercised by lenders themselves.
Bankers expect delinquency levels

Loan flow to slow on default fears

Ratan Gaikwad, while on his way to renew his mutual fund investments, was told by a friend that he invest directly with the asset management company to save on the 2.25 per cent entry load paid to the

Many a slip between cup and SIP

While warning of tough times ahead for non-life insurers, rating agency Icra On Tuesday said of the three key business segments, two portfolios &ndash; motor own damage and fire and engineering

Non-life insurers face tough times

Interest rates have almost peaked and are unlikely to change unless the Reserve Bank of India (RBI) further tightens monetary policy, State Bank of India (SBI) Chief O P Bhatt said today.
SBI, the

Interest rates have almost peaked: SBI

As the festival season approaches, malls and shopping complexes are doling out discounts and special schemes for their customers. But, there is another way through which customers can benefit. That

Loyalty cards: A lure worth giving up

Close on the heels of EPFO allowing private fund managers for its corpus, the government has now widened investment avenues for non-government provident funds, superannuation funds and gratuity

Finance ministry allows non-govt PFs to invest 15% in equities

Last minute-glitches have held back a health insurance cover that would have enabled policyholders to retain the benefits even if they switched companies.
The new health cover is a common minimum

Health cover portability faces last-minute hurdle

Home loan documents have an important clause, which allows banks to ask for a lumpsum payment, if the property price falls below the loan value.
When home prices are going up, your equity in your

Clause-controlled

This critical illness policy is a good start, but more could have been done.
Diabetes is one of the most common health problems in our country, with approximately 12-13 per cent of our adult

Sweet solution

Outperforming the market is not a great signal for investors. A bit of caution needs to be exercised while investing in such instruments.
Higher returns on their investments are always a great lure

More is not always great

I have opted for dividend reinvestment option in a liquid fund. What will be the tax liability when the capital appreciates due to dividend reinvestments? Will is be the same in case of equity?
-

Dividend reinvestment is taxed as additional principal amount

I am 35 years old and have two dependents (wife and daughter). Kindly review my overall portfolio and suggest changes. I wish to create a huge retirement corpus and also plan for my daughter&rsquo;s,

Do not create a corpus with Ulips

Mutual funds, which were net buyers to the tune of Rs 1,412 crore in July, showed a preference for private banks, infrastructure and oil exploration companies. According to data compiled by Value

Funds favour private banks, infra, oil firms

Realty fund to launch Shariah-compliant, India-specific corpus in 6-9 months.
In a significant move towards tapping funds for the cash-starved Indian realty market, Saffron Asset Advisors, a

Saffron Asset to raise Rs 840 crore via property fund

With banks increasing their fixed deposit rates in the past couple of weeks, fixed maturity plans (FMPs) by mutual funds are also offering higher &lsquo;indicative&rsquo; returns. FMPs can only

FMPs match fixed deposit returns

Despite a moderation in industrial growth in the last four months, equity fund managers are optimistic about all the sectors involved in infrastructure development.
Though there are concerns over

MFs upbeat on core sector

Most car buyers, when applying for a loan, grapple with the question of whether they should opt for a fixed or a floating rate option.
This question assumes importance as car loans have a lower

Auto loans: Floating rate is in

A new alphabet soup of schemes that is spicing up the government&rsquo;s menu signals a sharp shift in the way health care will be dispensed to the mass of India&rsquo;s 1.15 billion

Opening the gates to private insurance in health schemes

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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