Vinaya's blog brings useful tips for the common man which often skips the eye of the investor. He gives away the idea to issue a stop payment on EMI in case of a pre closure of the loan.
The year 2008 had come as a setback to the world not sparing India too. The financial crisis which started in the US spread its flames worldwide. The Indian money market also felt the heat along with the difficulties faced by some banks especially the foreign lenders. Ajay Shah's blog looks back at late 2008.
Anti tobacco campaign has so far been launched by many organizations to free the people from the clutches of the deadly addiction. It is heart whelming to know that a bank has also taken up this issue seriously and is working for the cause. J Prasad's blog says that a cooperative bank in Gujarat has decided to charge high interest to tobacco consuming borrowers. This step by the bank deserves appreciation.
Customer comes before money- a statement said by all followed by few. IDBI Bank seems to have decided to actually put this sentiment into implementation. The bank has waived service charges of all kinds from its range of products. Ajeya discusses the idea in detail in his blog.