For customers who want to know their individual credit rating scores, buying a credit information bureau's (CIB) report will take just a few minutes. However, trying to clear any lapses in that report could take a month. Besides, almost always, the onus of getting the lapses rectified will remain with the customer.
Brokers with national presence offer the best rates, but do shop around, online and off.
'Prevention is better than cure' seems to be the focal point of the latest action points of the Reserve Bank of India (RBI) in the Annual Conference of Banking Ombudsman. So, the apex bank is looking at setting a template of good customer service that will prevent consumer grievance.
Bought or sold property? There is a good chance the Income Tax (I-T) department will raise queries about it. While the possibilities of illegal transactions abound in such deals, the department's scope for availing documentary evidence through registrars and builders is also quite high. Therefore, a mismatch in the information filed could give rise to your account being scrutinised.
There have been complaints about bills claiming pending repayments months after the user has terminated the card contract.
Buyers of insurance products always get confused with charges.
Buying units of international feeder funds is no different from buying any mutual fund unit.
While taking personal loans from friends and family, one is advised to opt for cheque payments only, rather than cash, since the department may initiate further inquires to track the lender's capacity to give such a loan.
The most common, obviously, is food prices. The salaried class has several other demands too, like the taxation of perquisites such as employee stock options or Esops.
The price of an old car versus that of a brand new one always tilts the scales in favour of the former.
The India story is on a roll. The country's benchmark indices are on their way to touching historical highs, aided largely by inflows from foreign institutional investors. But Ridham Desai, managing director, Morgan Stanley (India), still thinks there's "some reticence" in FII participation.
It's good news for those who fly frequently. They can avail of some interesting offers from their credit card companies, including co-branded airline cards, zero per cent interest on ticket repayments and even free tickets in a few cases.
Dinesh Thakkar, chairman and managing director, Angel Broking, tells Business Standard the heady pace of markets could trigger selling.
Professionals with erratic incomes need to make lump sum decisions in terms of buying insurance and investing.
Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, outlines an equity market strategy for retail investors.
PE firms expect close to 25 plus per cent returns. Consequently, they put in hard work towards this end.
Since high technology fails to live up to the promise of speedy refunds, you must resort to the good, old letter-writing art.
If you have a knack for number crunching, financial planning is the right job for you.
A first officer (junior and senior) can earn in the range of Rs 1.2 lakh to 1.8 lakh per month. The commander commands anywhere between Rs 2.5 to Rs 4 lakh a month.
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