This is the sixth edition of the Carnival of Indian Personal Finance Blogs. So, far the response from the blogging community has been overwhelming and this humble effort is beginning to show some results. Suggestions, queries and feedback are always welcome and as always if you find a great source please don't forget to tell us about it. Here are the earlier editions of this blog carnival.
The recent boom in real estate prices putting this basic amenity beyond the reach of most of us, it definitely pays to know what separates cheap housing and expensive housing in the IT capital of India, Bangalore. Neelakantan takes a incisive look at the interesting issue.
According to Tushar Mathur, Credit Unions can be a good alternative to banks as they provide most of the services offered by the banks, and bring some benefits, which are not known to regular bank customers.
A Man from India has a great article about the Improvising use of ATMs in India. Traditionally ATM's are used for depositing and withdrawing money from banks but here in India, they also have been used as a vending machine, railway ticket counter, Zipp money centers and even in the field of microfinance.
If the recent advertising campaign of Barclays Bank credit cards in India has caught your attention, perhaps you would like to agree or disagree with Vinaya HS who has his own ideas on who is in total control, the customer or the bank?
The stock market boom has bloated the banks bottom-line in India, though the non performing assets are mounting and recovery agents creating ruckus, the third quarter results of most of the banks have shown stunning growth. Deepak Shenoy has covered some highlights of ICICI Bank announcing its 3rd quarter results on his 'The Indian Investor's Blog'
Credit card frauds, phishing, skimming, money mules, and many more... the modern day banking scenario is defaced with many new ways of stealing information and funds. Tushar Mathur has a guest post about identity theft, its types and the ways to prevent it.
If you think that property boom is over and the time has come for long stalemate in property investment, here is another viewpoint. Venky has been tracking the real estate bubble all over India on his 'India's housing bubble' blog. And according to him, property boom is not yet over in Bangalore.
Arvind Katoch has an interesting post about the increasing demand of credit cards in Indian market on his 'Thoughts-of-an-ordinary-man' blog. People's approach towards credit cards have been changing and more and more people are going for credit cards today. Though the customers are being bombarded with new and lucrative offers, are they wise enough to properly use that plastic?
The third quarter review of credit policy is just round the corner and experts are already speculating on whether the Reserve Bank of India will opt for a rate cut this time or will it be the same story again. The 75 basis point reduction by the Fed rate has shown promises of a similar trend across Indian economy as well. If you also want to put your views on this matter, Ajay Shah has a great discussion going on "Should RBI cut rates" on his blog.