With rising interest rates and inflation taking a toll on home loan customers, banks are beginning to encourage them to partly prepay their loans.

Banks encourage prepayment on home loans, waive penalty

Business Standard

A weekly fall in the Sensex by 2.52 per cent, rising crude oil prices, rising inflation numbers (11.62 per cent for week ended June 21), higher interest rate regime, political uncertainty.

Making money in markets

Like any other new venture, a self-employed person also needs to look at the sources of business and thereby, income.

Identify revenue streams

Investors in the Indian stock markets have been left quite shell-shocked with the turn of events in the last six months.

Latin America calling

The Ministry of Corporate Affairs has asked market regulator Securities and Exchange Board of India (Sebi) to examine whether there are any issues of conflict of interest occurring between sponsors of mutual funds (MFs), trustee companies and asset management companies (AMCs).

Govt wants Sebi to examine conflict of interest in MFs

Press Trust of India

Premium collections grow 14% in April-May 
The non-life insurance industry is showing the first signs of stabilising since the sector was detariffed in January last year.

General insurance shows signs of stability

The liquidity-constrained money markets will have to wait till at least early August for the first instalment of Rs 25,000 crore from the government under the farm loan waiver scheme.

Loan waiver to take effect only in early August

Risk-averse investors hit hard; experts say value erosion is difficult to believe.

Returns from short-term bond funds enter negative territory

The pressure from the finance ministry has forced public and private banks to increase the flow of education loans.

Banks step up education loan

Mutual funds have substantially trimmed their exposure to banking and financial services stocks due to uncertainty on interest rates.

MFs trim financial sector exposure

The finance minister's tax giveaways are what have saved tax-payers from the impact of inflation and higher home loan rates.

A sop opera`s end benefit

Debt instruments of a long-term nature could help you to tide over this difficult period.

Returns reckoner

For years, banks have had to fall back on their own experience to gauge consumer&#39;s credit worthiness.

A report card

&nbsp;I currently hold the following investments in mutual funds and stocks. These are my queries: 1.

Single sector exposure makes the portfolio risky

With the high volatility in the equity markets and interest rates looking to go further northwards, mutual funds are introducing new products such as equity-linked fixed maturity plans (FMPs).

Equity-linked FMPs too complex for retail investors

Pawan Kumar Bhasin, who recently retired as deputy commissioner of sales tax in Mumbai, intends to park most of the Rs 12 lakh that he received as superannuation benefits in fixed deposits (FDs).

Slowdown diverts money to FDs

The regulator has asked banks to clearly inform customers the reason for variable charges.

Stop excessive credit card charges: RBI

&nbsp;In the last six months, only international funds have given positive returns. 
&nbsp;In January this year, the stock market started falling.

Global funds shine amid market chaos

Life Insurance Corporation (LIC) will not partner with GE Money for its proposed foray into credit card business following huge loss reported by SBI Cards &amp; Payment Services Private Ltd, in which

LIC walks out of credit card venture with GE

The Reserve Bank of India is likely to finalise guidelines on mobile banking within two weeks that would enable banks to roll out mobile-based payment services to their customers, a senior RBI

Final norms on m-banking in two weeks

JM Financial Mutual Fund, the asset management arm of Nimesh Kampani-promoted JM Financial, has divested a significant 12 per cent stake to three institutional investors, including some of the

JM Financial MF divests 12% stake for Rs 111.7 cr

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 959 - Personal Finance