interest

Compound Interest Calculator vs. SIP Return Calculator : A Comprehensive Comparison

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Compound Interest Calculator

In personal finance, compound interest calculators and return calculators for systematic investment plans (SIPs) are fantastic instruments for investors who are interested in understanding and developing better investment strategies. Each of these tools has its unique function which helps in understanding the potential growth of investments with time. The following is an extensive comparison between … Read more

Aban Offshore completes acquisition of 100% interest in UK Continental Shelf Production License

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Aban Offshore has completed acquisition of 100% interest in a UK Continental Shelf Production License and sale of 50% interest in the same. Aban Offshore is engaged in the business of providing offshore drilling and production services. The Company’s operating segments include offshore oil drilling and production services, and wind power generation (Wind energy). It … Read more

Indiabulls Housing Finance increases interest rates on home loans by 20 bps

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Indiabulls Housing Finance has increased interest rates on home loans by 20 basis points (bps). The increase in the lending rates reflects the rise in cost of funds. The rate of interest on new home loans for women applicants/co-applicants is 8.80% for loans of up to 35 lakh and 8.95% onwards for loans above 35 … Read more

Government increases ‘Carpet area’ limit for interest subsidy under affordable housing

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In a major decision to boost affordable housing, the Ministry of Housing and Urban Affairs has approved the revision of the carpet area of houses eligible for interest subsidy. The carpet area for MIG I category houses has been raised from 120 square metre to 160 square metre while that of MIG II category houses … Read more

Vedanta submits expression of interest for Jaypee Infratech

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Vedanta has submitted a preliminary expression of interest (EoI) for Jaypee Infratech currently undergoing the Insolvency Resolution Proceedings (IRP). The EoI invited by insolvency resolution professional (IRP) has received response from various entities, including corporates and asset reconstruction companies. The National Company Law Tribunal (NCLT) has admitted the application by an IDBI Bank-led consortium seeking … Read more

Interest free loans worth Rs 55,000 crores have been given in past three and a half years

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Udaipur :  In the last three and a half years, Rs. 55,000 crores of interest free loans have been given to farmers in Rajasthan, which is the highest in the country till now. The State Government plans to take this figure to Rs. 75,000 crores in the next 1.5 years. This was stated today by … Read more

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