http://www.rupeetimes.com/news_advice Article from rupeetimes.com (C) 2007 rupeetimes.com Wed, 10 Mar 2010 11:54:49 +0530 BPLR or Benchmark Prime Lending Rate is the rate charged by commercial banks to their most credit worthy customers. According to the Reserve Bank of India, banks are free to fix their BPLRs but the interest rates charged by them have to bear relevance to the BPLR. Banks are free to fix BPLRs for cre... http://www.rupeetimes.com/article/personal_loan/bplr_or_base_rate_which_is_better_3318.html 12345678903318 Wed, 03 Mar 2010 09:42:31 +0530 Credit card as a convenience productCredit cards have blessed us with enormous comfort. Buying something expensive is no longer a problem and the shopping experience is quite tension-free since you do not have to worry about the cash being stolen.For some, it is luring as it offers rewards and cash-... http://www.rupeetimes.com/article/credit_cards/handle_your_credit_card_with_care_3278.html 12345678903278 Fri, 19 Feb 2010 09:04:30 +0530 As the educational expenses are soaring, education loans have become very common means of financing higher education. Most students expect to earn high salaries at the end of their professional training and are likely to be in a position to repay these loans over a period of time.Both public sector... http://www.rupeetimes.com/article/education_loans/get_the_basics_right_before_applying_for_an_education_loan_3241.html 12345678903241 Mon, 15 Feb 2010 11:05:20 +0530 Fixed deposits have always been a vital part of an investor's portfolio because of the assured returns it offers. Traditionally FDs have been plain vanilla products but nowadays amidst cutthroat competition, banks have modified these keeping in line with the customers' requirements. Some interesting... http://www.rupeetimes.com/article/fixed_deposits/for_what_purpose_do_you_want_to_invest_in_an_fd_3240.html 12345678903240 Mon, 08 Feb 2010 11:34:25 +0530 Are you new to the world of ‘plastic money'? Do credit cards and debit cards appear similar to you? While credit cards and debit cards may seem similar, they are quite different in the way they work and the services they offer. It's useful to understand the differences and know the advantages... http://www.rupeetimes.com/article/credit_cards/credit_card_or_debit_card_which_one_should_you_use_3239.html 12345678903239 Fri, 05 Feb 2010 16:22:20 +0530 Money Kumar: You're right. So, the best thing to do is to go and deposit these unusable coins in a bank.Children: But if no one takes these coins, why would a bank accept them? What will it do with these coins?Money Kumar: Perhaps not, unless you visit the RBI's Monetary Museum!Children: Wow! When w... http://www.rupeetimes.com/article/personal_loan/money_kumar_and_caring_for_your_currency_page_16_3238.html 12345678903238 Fri, 05 Feb 2010 16:19:01 +0530 Children: But if no one takes these coins, why would a bank accept them? What will it do with these coins?Money Kumar: You're right. So, the best thing to do is to go and deposit these unusable coins in a bank.Money Kumar: Banks will accept them because that's their job. And if no one accepts them,... http://www.rupeetimes.com/article/personal_loan/money_kumar_and_caring_for_your_currency_page_15_3237.html 12345678903237 Fri, 05 Feb 2010 16:05:10 +0530 Money Kumar: Precisely. So while some time ago you could buy two toffees for 25 paisa, today you can buy only one. And for five and ten paisa, perhaps nothing. In other words, small coins have lost their value.Children: Then why did the lady give me the value of my coins in notes?Money Kumar: Becaus... http://www.rupeetimes.com/article/personal_loan/money_kumar_and_caring_for_your_currency_page_14_3236.html 12345678903236 Fri, 05 Feb 2010 16:02:58 +0530 Money Kumar: And how much did your t-shirt cost a year ago?Children: Yes! Rs 250.Children: I don't know, but when we want to buy this t-shirt, my mother was complaining about prices being high....Money Kumar: Yes, that's it. The prices of goods and services keep increasing with time. So the value of... http://www.rupeetimes.com/article/personal_loan/money_kumar_and_caring_for_your_currency_page_13_3235.html 12345678903235 Fri, 05 Feb 2010 15:57:30 +0530 Children: So we should check each and every note that we receive?Money Kumar: Ideally you should check & count all your money. I know it's difficult. But you can be careful. After all, it's your money, isn't it?Children: Money Kumar, what about the coins in my piggy bank? Will the bank give me some... http://www.rupeetimes.com/article/personal_loan/money_kumar_and_caring_for_your_currency_page_12_3234.html 12345678903234