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Posts Tagged ‘HDFC’

Discounts on the home loan this season

This festive season even the banks, like the electronics retail stores, are offering discounts on home loans.

Below are some of the schemes on home loan offered by the banks,

 

Dual rate scheme

Dual rate scheme fixes the interest rate for first few years and then changes it to the prevailing interest rate.

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Tata suffer loss of $20 bn

Tata group, the country’s largest conglomerate in terms of market wealth, has taken the biggest hit of over USD 20 billion in its market valuation since July.

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New Direct Taxes Code can affect FMPS

As per the FE bureau report published in Financial Express, The Direct Taxes Code (DTC) which is expected to be effective from April 1, 2012 could affect inflows into the fixed maturity plans (FMPs).

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Fixed deposits come with more benefits

Fixed deposits (FDs) a traditional investment option has been a vital part of every investor’s portfolio, due to assured rate of return. However FDs have been plain vanilla products with no additional benefits attached to it.

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ICICI Bank slashes lending rates and SBI may declare cut in lending rates soon

The second largest lender in India, ICICI bank has cut the benchmark lending rates by 50 basis points with effect from 6 June2009. ICICI bank did not change its deposit rates and the current cut in the lending rate would benefit the existing retail loan customers who have availed of loans at floating rates.

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Construction poised to pick up: Demand for realty to get a boost again

As interest rates of home loans are all set to come down with major PSU banks lowering there prime lending rates, demand for real estate will get a boost again.

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Older mutual funds mean better returns?

Old Mutual FundsKeeping an eye on daily finance news and tips, I’ve realized something: of late, many companies have set up mutual fund houses in order to capitalize on India’s booming economy.

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HDFC Infrastructure Fund

http://web.mit.edu/civenv/idr/images/Infrastructure_Collage.jpgHDFC Mutual Fund has launched a new scheme, designed to cater to your long-term equity investment requirement.

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