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Thursday, October 27, 2011

Home / Vehicle loans to be costlier / Pre-payment penalty to go / Subsidy up to 15L on home loans

With the Reserve Bank of India (RBI) hiking the repo rate by 25 basis points, the home loans and vehicle loans are set to attract higher interest rates. The measure was taken by RBI to counter rising prices. The impact of a 25 basis points increase on EMIs for home and auto loans will be Rs 16 per lakh. So if you take a loan for Rs 10 lakh for 15 years tenure at 11.5% interest you were paying an E....
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Tuesday, October 18, 2011

SBT Staff Union calls for withdrawal of PFRDA Bill

The three-day national conference of the State Bank of Travancore Staff Union, which ended here on Monday, in a resolution urged the Union government to withdraw the Provident Fund Regulation and Development Authority (PFRDA) Bill-2011 for participatory pension scheme to government employees.It said if the Bill was passed, government employees who joined service after 2004 would not be eligible fo....
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Friday, October 7, 2011

Empanelment of Private Hospitals / Laboratories -Rates - CGHS Clarification

If CGHS rate is not available for any procedure / investigation / category (say super-specialty) in any CGHS covered city, the CGHS rate notified for such procedure / investigation / category for the nearest CGHS city or the rate notified under CGHS, Delhi, whichever is lower shall be applicable as CGHS rate for such procedure / investigation / category for that city.....
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