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Month: August 2008

Much ado about home loans and prepayment

Publication:The Times of India Mumbai; Date:Aug 19, 2008; Section: Your Money; Page: 21 Street Smart Consumers should not just look at the absolute numbers and decide whether to retain the loan, prepay partly or complete the payout There is a lot of hue and cry these days about prepaying home loans. Often, every newspaper will […]

Interest Rate Management

Publication: Business Standard, Mumbai;   Date: August 3, 2008;    Section:Rate Hike  The recent hike in the rates will hurt your finances further. Time to do some stock-taking. Earlier this week, Reserve Bank of India (RBI) governor Y V Reddy surprised everyone with his double whammy. The apex bank increased repo rate and cash reserve ratio (CRR) by 50 […]

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