Money Saver India

Monthly Archives: January 2016

RBI asks banks to extend loans to women SHGs at 7% rate

RBI asks banks to extend loans to women SHGs at 7% rate

Commercial banks and cooperative banks will lend to all the women SHGs in rural areas at the rate of 7 per cent in the 150 districts, the RBI said. Read more on this here. [...]

January 28, 2016 Team MSI NEWS 0

Kotak Mahindra Bank sees 50 bps rate cut in 2016

Kotak Mahindra Bank sees 50 bps rate cut in 2016

Despite oil prices sliding and commodity prices remaining low, C Jayaram, Joint Managing Director of Kotak Mahindra Bank, does not expect too many rate cuts in 2016. More here. [...]

January 28, 2016 Team MSI NEWS 0

Your PF money could fetch more when bank rates are falling

Your PF money could fetch more when bank rates are falling

At a time when bank fixed deposit rates are falling, your provident fund money could fetch more. Read more on this here. [...]

January 28, 2016 Team MSI NEWS 0

iPhone 5S price cuts help Apple sales jump 60% in Oct-Dec

iPhone 5S price cuts help Apple sales jump 60% in Oct-Dec

During the quarter through December, Apple sold about 8,00,000 iPhones in India, a 60% increase in unit sales compared to a year earlier, says Tarun Pathak, senior analyst for mobile devices and ecosystems at Counterpoint Research. More here. [...]

January 28, 2016 Team MSI NEWS 0

Unusually warm winter leads to discount sale on winter wear

Unusually warm winter leads to discount sale on winter wear

With sales estimates falling 15% below expected levels, brands are offering discounts and sales on winter wear clothing due to the warm winter. Read more on this here. [...]

January 6, 2016 Team MSI NEWS 0

Property prices in Mumbai may soon come down by 20%

Property prices in Mumbai may soon come down by 20%

Builders may start offering discounts on houses, since they now need fewer permissions and technical processes have been expedited. Read more on this by clicking here. [...]

January 6, 2016 Team MSI NEWS 0

General insurance premiums may not go up this year

General insurance premiums may not go up this year

Count your blessings. General insurance premiums are unlikely to see a sharp rise this year due to falling global reinsurance rates. Read more on this here. [...]

January 6, 2016 Team MSI NEWS 0