Less demand for fixed home loans
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Scheme of 1% interest subvention on housing loans upto Rs.10 lakhs
By: chnarendra
The Government today launched an interest subvention scheme of 1% on all individual housing loans upto Rs.10 lakh for units costing upto Rs. 20 lakh. The scheme recognizes that cut in interest rates has an important role to play in reducing EMIs of borrowers & creating additional demand for housing. The Scheme will cover all regions of the ...
about 1 month ago
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Microfinance: Small Talk Big Results
By: Dhakal
Microfinance: Small Talk Big Results The budget of developing nation should be focused on creating and enhancing institutional capacity for sustainable microfinance. In case of Nepal, more than 87 percent of Nepal’s poor cannot access credit from a formal source and have to depend on money lenders who ...
2 days ago
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By: anurjaydhal
By Anurjay Dhal BHUBANESWAR: The increasing cases of farmer suicides in eastern Indian State of Orissa, has brought national attention with both opposition Congress and BJP demanding resignation of Chief Minister Naveen Patnaik and State Agriculture Minister Damodar Rout. At least 18 farmers have been committed suicide in the State in ...
22 days ago
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Shares drop as banks sold down
Australian stocks have extended losses, with banks leading the falls on profit-taking in the wake of National Australia Bank's results. In afternoon trade, the benchmark S&P/ASX200 index was down 51.9 points, or 1.1 per cent, at 4701.6, while the broader All Ordinaries fell 49.9 points, or 1 per cent, to 4705. Among the sectors, ...
about 1 month ago
- News Source: Sydney Morning Herald | about 1 month agoIn the aftermath of the financial crisis, the RBA cut 425 basis points from the official cash rate as it sought to cushion Australia from a harsh downturn. Since then, the Australian economy has proven more resilient than originally expected. This...
- News Source: The Courier-Mail | about 1 month agoSeptember, despite an impending interest rate hike by the central bank, new figures show. Data gathered by loans broker Mortgage Choice shows fixed rate products accounted for 4.56 per cent of new loans approved in September, down from 6.98 per cent...
- News Source: Uinta County News | about 1 month agoOctober, after households took the latest interest rate rise as a further sign of an improving economy. The Westpac/Melbourne Institute Index of Consumer Sentiment rose by 1.7 per cent in October to 121.4 from 119.3 in September...From a year ago,...
- News Source: Scoop | about 1 month agoThe resilience of the labour market “has strengthened householders’ convictions that their jobs are safe,” said Bill Evans, Westpac’s chief economist. He said it was significant that consumers grew more confident even after the Reserve Bank...
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Image Source: www.econbrowser.com... and consumer sentiment ...Image Source: www.econbrowser.com... and consumer sentiment continued ... -
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Image Source: www.execdigital.co.uk
Cell phones use report code: Related Tweets
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@palafo RT @simonmainwaring: How Much Are You Worth to Facebook? Great post on the future by Fast Company. http://bit.ly/AfKka
about 1 month ago
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