29-03-2015

To deal with debt, rate and rank products

It is neither feasible nor desirable to live completely free of debt. You have multiple expenses and goals, and your income can go just so far. There are many large-ticket expenses, such as buying a house, which can be met more efficiently with debt. ..read more..

16-03-2015

Why rate cuts from RBI has not lowered your EMI

The Reserve Bank of India (RBI) early March surprised everyone by reduced the policy rate by 25 basis points (bps) to bring down the repo rate to 7.5%. This follows another surprise move in early January this year when it cut the reverse repo rate or the rate at which the central bank drains excess liquidity from the banking system by 25 basis points to 6.75 per cent...read more..

11-03-2015

Saddled with unsolicited loans, cards?

Credit card customers often find themselves in situations in which they have been issued add-on cards or their spends have been converted into equated monthly instalments (EMIs) without their consent. ..read more..