Wednesday, October 26, 2011

Home / Vehicle loans to be costlier / Pre-payment penalty to go / Subsidy up to 15L on home loans

With the Reserve Bank of India (RBI) hiking the repo rate by 25 basis points, the home loans and vehicle loans are set to attract higher interest rates. The measure was taken by RBI to counter rising prices. The impact of a 25 basis points increase on EMIs for home and auto loans will be Rs 16 per lakh. So if you take a loan for Rs 10 lakh for 15 years tenure at 11.5% interest you were paying an E....

Sunday, February 6, 2011

Eighth India Aero Show (Intro Video)

The 8th Aero India air show kicks off with some of biggest, fastest and deadliest aircraft on display. Once again, it's the Indian air force's multi-billion dollar fighter deal that's the focus of the show.