| Your EMIs aren't likely to go up soon Posted: 10 Apr 2011 06:56 PM PDT 
Home loan borrowers, anxious about a possible hike in EMIs, may breathe easy.At least for the next few weeks.Banks are unlikely to raise lending rates despite the Reserve Bank of India's (RBI's) decision to increase policy rates last month to cool prices. "We will not increase the interest rates on home loans immediately, though our ALCO (asset liability committee) will meet and such issues... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| Please support "Anna Hazare" Posted: 10 Apr 2011 06:07 PM PDT 
1. Who is Anna Hazare? An ex-army man. Fought 1965 Indo-Pak War 2. What's so special about him? He built a village Ralegaon Siddhi in Ahamad Nagar district,Maharashtra 3. So what? This village is a self-sustained model village. Energy isproduced in the village itself from solar power, biofuel and wind mills. In 1975, it used to be a poverty clad village. Now it is oneof the richest... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| What is Cheque Truncation Posted: 10 Apr 2011 10:32 AM PDT 
1. What is Cheque Truncation ?Truncation is the process of stopping the flow of the physical cheque issued by a drawer at some point en-route to the drawee branch. In its place an electronic image of the cheque is transmitted to the drawee branch along with relevant information like data on the MICR band, date of presentation, presenting bank, etc. Cheque truncation thus obviates the need to move... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
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