STI NEWS;"Stock market vs. Real estate investing"plus 1 more

STI NEWS;"Stock market vs. Real estate investing"plus 1 more


Stock market vs. Real estate investing

Posted: 01 Nov 2011 05:24 AM PDT


Have you ever wondered how equity investment fares against real estate investment? Yes, we have seen the bullish market in stock market where market saw irrational valuation of stocks and IPOs which were unheard before the boom. Similarly, we have seen extreme valuation of real estate properties where an apartment measuring 2000 sq. ft. was sold at crores in Mumbai. We have also seen how blue...

IndusInd has increased its SB deposit pricing by 150-200 bps

Posted: 01 Nov 2011 04:02 AM PDT


A recent press report said that IndusInd Bank has increased the pricing on savings account deposits by up to 200 basis points. Reports said that the savings accounts balance up to Rs. 1 lakh will receive 5.5 per cent per annum, and balances above Rs. 1 lakh will get 6 per cent. The bank has also revised its base rate and BPLR upwards by 25 basis points to 10.75 per cent and 20.75 per cent...
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