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FLOATING RATE LOANS
US defends dollar as yen weakness threatens global currency orderThe US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hi...
Can NRIs invest in RBI Floating Rate Savings Bonds offering 8.05% interest rate?Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing ...
RBI bars banks from disabling mobile devices of defaulting borrowersBanks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were finance...
RBI MPC: Home loan borrowers can breathe a sigh of relief, but how long their good days will last?RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This deci...
Retiring with an EMI? Here's when it can make sense and when it could derail your retirementRetiring debt-free is an ideal goal, but not always achievable or necessary. Experts suggest focusing on EMI affordability rather than comp...
REIT mutual funds vs REITs: Why the fund route may be the smarter betDespite their benefits, REITs have not found widespread acceptance. Tax treatment is a major hurdle. When investing directly in REITs, inve...
Home loan EMI, amortisation and prepayment- The mathematics every borrower in India must understandUnderstanding home loan mechanics helps borrowers reduce total borrowing costs. The reducing balance method ensures interest decreases as t...
Time to take a little risk with a 1- to 2-year perspective? 5 mid-cap stocks from different sectors with upside potential up to 20%When the big picture is a coin-toss, why waste time on predictions? What is the big picture? Well, nobody knows. Anyone who says with confi...
SBI, HDFC Bank seek $1.7 billion overseas to boost dollar resourcesState Bank of India and HDFC Bank are raising significant dollar funds. These large Indian banks are borrowing from foreign institutions to...
US Stock Market: US investment-grade bond funds see record weekly outflows as inflation fears rattle marketsInvestors withdrew a record $7.1 billion from U.S. investment-grade bond funds. Surging oil prices and rising Treasury yields triggered thi...
Assam Cabinet approves stamp duty waiver for SHG loans up to Rs 10 lakh, clears MBBS admission rule changesAssam's cabinet approved waiving stamp duty on loans for SHG members up to ten lakhs. New rules will govern Ayurvedic medical officers' rec...
JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan, sources sayJPMorgan and other US banks are close to agreeing on financing support for projects under Japan’s $550 billion US investment pledge, accord...
JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan, say sourcesUS banks like JPMorgan are nearing financing agreements for Japan's investment pledge. Japanese banks face high costs for dollar funding, l...
FCNR scheme: Withholding tax fear haunts US, Singapore NRIsNon-resident Indians residing in Singapore and the United States are expressing significant concerns over withholding taxes. These taxes th...
When Warren Buffett bought one company because of a book, and another on a handshakeHow does the world’s most careful investor buy a company with no due diligence at all? One of Warren Buffett’s acquisitions began with an a...
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
- Higher interest rates weigh on borrowers of floating-rate loans
A floating-rate loan borrower is expected to pay more in a rising interest-rate scenario, whereas he may benefit in a falling rate scenario.