Close extra bank accountsThree or four accounts are enough for one family. Having more increases paperwork and can be misused as well. It’s a problem that most salaried people face. When shifting jobs or cities, the new company would ask you to open an account with their bank. So, what should you do with the old account? Most of us just forget about it.But, it could come back to haunt you. For instance, when you are filing income tax returns, the assessing officer may seek data of all your accounts or as the ... Rediff.com, 1 week ago |
RBI bars loan against gold ETF and MFThe Reserve Bank of India (RBI) today said banks and non-banking finance companies (NBFCs) would not be allowed to extend loans against units of gold exchange traded funds (ETFs) and gold mutual funds. The move is aimed at curbing rising demand for ... Smart Investor, 3 weeks ago
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Forced to prepay gold loan? Here's what you can doLast week, Kochi-basedAnjanaBadoor discovered that the option to prepay a loan does not rest with the borrower after all. "I had taken a loan of Rs 50,000 last year from a public-sector bank against jewellery roughly worth Rs 75,000. Though the loan ... Economic Times, 3 weeks ago
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Home, and not so aloneKusum Gokarn, 77, shifted into a society built specially for senior citizens in 2006. After her husband passed away in 2010, she now lives alone in a two-BHK 'independent living' flat. On days when she doesn't wish to cook, she informs the society ... Smart Investor, 1 month ago
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Sanction of Home Loan to Mathadi Union by CBIdistributed by noodls on 05/07/2013 09:37 Print Print Sharing and Personal Tools Please select the service you want to use: Public link Please use the above public link if you want to share this noodl on another website Public Relations Deptt., 16th ... Noodls, 1 month ago
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Get your dream home nowIf ever there was a good time to take a home loan, this is it. For, home loan interest rates that were in the range of 12-12.5 per cent between 2009 and 2011, are now being offered at 10-10.5 per cent by most banks. It is widely anticipated that the ... Financial Chronicle, 1 month ago
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Secure your digital assetsIndia has the third largest internet population, with about 150 million users. Many Indians also carry out a lot of their financial transactions online. Since people carry out their financial transactions through more than one net-banking account, ... Smart Investor, 1 month ago
Cyber Law Experts: Secure Your Digital Assets
Cyberwarzone, 1 month ago
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Forest-dwellers fears don't echo in poll campaignThe marginalised barely ever make themselves heard in the cacophony of election campaigns, and the plight of people living in the 13 hamlets (tandas) of Konchavaram forest in Gulbarga district's Chincholi taluk is a case in point. The ... The Hindu, 1 month ago
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Bank-auctioned homes may be cheaperShashi Nair, a Mumbai-based advocate, bought two houses in Chembur and Vasai in 2005 and 2010, respectively, through two different bank auctions. Nair purchased these properties from banks that opted to take recourse under Section 101 and the (DRT) ... Sify, 1 month ago
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Gold loans are too expensiveWhat explains the popularity of gold with retail borrowers? It's the belief they can sell it quickly or raise money against it. In fact, both banks and non-banking financial institutions (NBFCs) have been aggressively promoting gold loans. The rate ... Smart Investor, 2 months ago
Why you should avoid gold loans
Rediff.com, 2 months ago
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