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RBI Allows Lower CRR/SLR for Infra Bonds, Eases Infra Lending After Budget

The Finance Minister had announced in the Budget that there would be impetus for long term bank lending to private sector infrastructure projects by providing ...

Budget 2014: Take Away Those Tax Sops For Housing

Housing sops need to go. They take away investment from what is truly more productive – small and large businesses, local authorities and potentially ...

Building affordable housing by curbing bubbles in real estate

As part of my pre-budget articles: I wrote at Yahoo about our overenthusiasm for real estate and how we can curb bubbles in there. More than 2.6 crore houses ...

SBI's "Teaser" rates

SBI offers home loans for a year at 8%: In a move that may trigger a rate war, State Bank of India on Sunday said it would charge 8 per cent interest on new ...

EMI Principal and Interest Calculator

I was asked how EMI interest and principal works – the idea of that is kinda complex, like the calculation describes. But the essential funda is: Take ...