The apex bank of India, Reserve Bank said it is considering categorizing housing finance for weaker sections as priority sector lending by early next month to ensure adequate flow of credit.
Archive for the ‘Personal Finance’ Category
Housing finance a priority sector for weaker sections
January 30th, 2012 
Malvika 
Posted in Personal Finance 
Tags: Adequate Flow, Ambiguities, Apex, Apex Bank, Bank Loans, Bank Of India, Deputy Governor, Due Diligence, Eligibility Criteria, Inconsistencies, Loan Amounts, Loan Limits, Managing Director, Nair, Priority Sector, Segment, Terms Of Reference, Types Of Borrowers, Union Bank, Union Bank Of India 
Comments OffHow to choose the best available Mutual Fund?
January 30th, 2012 Ziaulla Namani If you want to invest in mutual funds, you will be required to flip over 1,000 mutual fund schemes that are offered by all the fund houses put together.
Posted in Personal Finance Tags: 10 Years, Financial Goal, Invest One, Investment Goals, Investment Guru, Investment Objective, Investment Objectives, Manageable Number, Mandate, Momentary Loss, Mutual Fund Schemes, Mutual Funds, Nbsp, Period Of Time, Risk Profile, Short Period, Simple Questions, Steady Appreciation, Traveller, Trying Your Luck Comments OffIndian tycoons put Dubai in Billionaires list
January 27th, 2012 Ziaulla Namani Superrich business tycoons from India has strengthen Dubai’s position as the city with the most billionaires in the Middle East, according to a latest index that ranks Mumbai fifth largest hub of billionaires.
Posted in Personal Finance Tags: Accounts In Switzerland, Bahrain, Business India, Business Tycoons, Concentration, Emirate, Hong Kong, Hub, Indian Business, Indians, Middle East, Moscow, New Zealand, Pakistan, Saudi Arabia, Scrutiny, Senior Analyst, Singapore, Uae, Unrest Comments OffFinancial Planning Lessons from Republic Day
January 24th, 2012 Malvika Independence Day
India obtained its independence from British Rule on 15th August 1947. India became independent and wants to develop and prosper with its own decisions.
Constitution
Though we are independent, we were not having our own constitution.
Posted in Personal Finance Tags: Amendments, Buying A Property, Children Education, Complete Education, Constitution Of India, Exponential Growth, Financial Goals, Financial Planning, Financial Principles, Guiding Principles, Independence Day, Independence Day India, Investment Decisions, Methodologies, Methodology, Plan Details, Rahul, Republic Day, Right Time, Th Jan Comments OffIndian Inc optimistic about growth
January 18th, 2012 Ziaulla Namani The business outlook of Indian entrepreneurs for 2012 is resilient despite economic turmoil the world-over, with “unreserved optimism” for the growth prospects of the Indian economy this year, says a survey by global consulting major Grant Thornton.
Posted in business, india, Personal Finance Tags: Acute Shortage, Business Outlook, Economic Environment, Economic Gains, Economic Turmoil, Emerging Economies, Global Consulting, Global Outlook, Global Slowdown, Grant Thornton, Growth Prospects, Indian Businesses, Indian Economy, Indian Entrepreneurs, Internatio, Pessimism, Shastri, Skilled Workforce, Sole Provider, Thornton Report Comments OffGuide to NRIs taxation.
January 18th, 2012 Ziaulla Namani Here are some exemptions and tax-saving tips that non-resident Indians can avail of
Taxes applicable:
Income which is earned outside India by an NRI is not taxed here.
Posted in Personal Finance Tags: 1 Lakh, Capital Gain, Capital Gains, Dependent Parents, Education Loan, Fcnr Account, Foreign Currency, Health Insurance Policy, Income Tax Return, Interest Income, Interest Payment, Life Insurance Policies, Nre Account, nri, Pension Plans, Ppf Account, Stock Exchange, Tax Saving Tips, Threshold Limit, Transaction Tax Comments OffPrinciples and Decision-making for wealth creation
December 30th, 2011 Malvika Whenever people have surplus money, they want to invest. When they invest, they just want to act or execute. They don’t want to spend time on understanding the product and various investment strategies.
Posted in Personal Finance Tags: Debt Funds, Derivatives, Equity Funds, Fixed Deposits, Higher Degree, Investing In Stock, Investing In Stock Market, Investment Decision, Investment Decisions, Investment Strategies, Mediocre Product, Moods, Prey, Quick Way To Make Money, Share Prices, Stock Markets, Surplus Money, Ulips, Wealth Creation, Wrong Decision Comments OffHow to be proactive on your potential financial problems?
December 30th, 2011 Malvika Most of today’s problems are yesterday’s challenges overlooked. It is always considered a wise thing to perceive problems before they arise and attend to them at the earliest.
Posted in Personal Finance Tags: Accounting, Bonus, Cash Flow, Countryside, Debts, Electricity, Feeling The Pinch, Installments, Insurance Premiums, Must Take Into Consideration, Petrol, Pointers, Possible Solution, Proactive, Refrigerator, Salary, Spending Habits, Split Air Conditioner, Splurge, Summer Heat Comments OffHave You Done Your Financial Spring Cleaning?
December 29th, 2011 Malvika A Financial Planning experience with a client:
It was just another day that a new client came to us for financial planning. He wanted to know if he had planned well for his family financial goals. As a general procedure, I suggested that a study would help me come out with a comprehensive financial planning to meet his goals.
Posted in Personal Finance Tags: Certified Financial Planner, Dependent Children, Ethics, Financial Commitments, Financial Goals, Financial Planning, Financial Situation, Insurance Coverage, Investment Consultant, Investments, life insurance, Risk Management, Sudden Death, Term Insurance, Term Policies, Ulip, Ulips, Wealth Creation, Wealth Preservation, Wealth Transfer Comments OffFinancial Resolutions to keep in 2012
December 29th, 2011 Malvika As we are coming to an end of 2011, this is the time to reflect on the year gone by and the time to look forward for the New Year.
Posted in Personal Finance Tags: Buying A Property, Car Loan, Commitments, Credit Card Debt, Debt Burden, Debt Equity Ratio, Down Payments, Emis, Equity Exposure, Financial Goal, Insurance Premiums, Personal Finance Management, Personal Loan, Prey, Scorecard, Sensex, System 1, Wealth Creation, Workable Budget, Year 2012 Comments OffInvestment Advisor Vs Financial Planner
December 28th, 2011 Malvika A few decades ago, there was confusion with what sales and marketing are. People thought they are one and the same. But it is to be understood that sales is just an important ingredient of the functions of marketing.
Posted in Personal Finance Tags: Compounder, Confusion, Convenience, Decades, Financial Planner, Financial Planners, Financial Services, Functions Of Marketing, Insurance, Insurance Advisors, Investment Advisor, Investors, Marketing Sales, Medicine, mutual fund, Nbsp, Perception, Sales And Marketing, Stock Brokers, Terminologies Comments OffA Step by step Guide for Buying Resale Property
November 28th, 2011 Malvika A resale property:
Who does not wish to live in a house of their own? Buying a new flat will take a long time, so some of us may wish to settle for buying a resale property. However buying a resale property could involve many legal and other procedural requirements.
Posted in Personal Finance Tags: Apply For A Loan, Buying Guide, Good Real Estate, Hassles, Ideal, Lawyer, Lawyers, Localities, Long Time, Power Of Attorney, Procedural Requirements, Real Estate Agent, Real Estate Agents, Regard, Registration Payment, Resale Property, Safety Measures, Stamp Duty, Step By Step Comments Off7 Insurance Myths Debunked
November 26th, 2011 Malvika Planning for contingencies like death and hospitalization also forms an important part of financial planning. Buying life insurance provides for the living expenses of bread earners family in his absence on death.
Posted in Insurance, Personal Finance Tags: Buying Life Insurance, Contingencies, Contingency, Earners, Financial Security, Government Bonds, Hospitalization, Investment Decisions, Life Coverage, Living Expenses, Myth 2, Myth 3, Myths, Ppf, Premium Rate, Safety Mechanism, Saving Bonds, Term Policies, Untimely Death, Waste Of Money Comments OffA Layman’s Guide To Reverse Mortgage
November 25th, 2011 Malvika What is reverse mortgage?
Increased life expectancy has lead to the increase in the costs of living and medical expenses. This makes it difficult for many senior citizens that lack a regular income to live a life of dignity.
Posted in Personal Finance Tags: Bank Of India, Government Of India, Housing Loan, India State, Interest Costs, Layman, Life Expectancy, Lump Sum, Medical Aid, Medical Expenses, Minimum Period, Monetary Value, Price Fluctuations, Property Values, Reserve Bank of India, Residential Property, Reverse Mortgage, Senior Citizen, Senior Citizens, Union Government Comments OffA Step by step guide to choose a right mutual fund scheme
November 2nd, 2011 Malvika
“Models work when they are appropriate for the particular circumstance, but some of the best investment judgments over time have come when people recognized that models derived in other periods were broken or not directly relevant.” Abby Joseph Cohen
Investing in mutual funds seems interesting, with number of websites, TV and other finance and wealth magazines publishing various information.
Posted in Personal Finance Tags: Abby Joseph Cohen, Amp, Circumstance, Diversification, Investing In Mutual Funds, Investing In Stocks, Investment Objective, Judgments, Length Of Time, Liquidity, Mf, Money Market Instruments, mutual fund, Period Of Time, Principle, Right Choice, Securities Market, Stocks Bonds, Time Horizon, Volatile Market Comments Off
