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Archive for June, 2007

Flat buyers to pay less penalty

Typically if you have booked a flat from a builder, and you are somewhat negligent in making your payments, there are stiff penalties with interest rates of upto 8-12%. The Government is proposing to put a check on these high penalties, and if any real estate developer violates these checks, then they can be penalized. [...]

Banglore police to fast-forward passport applications

Applying for a passport is one of the most painful things a person can do. A major part of the pain process is the police verification, and it is observed that this is one of the major issues that delays the whole process. In many cases, it is required to follow up with the police [...]

Address of banking ombudsman in India

There are 15 banking ombudsman in India as of now, and they are located in different cities – Ahemdabad, Bangalore, Bhopal, Bhubaneswar, Chandigarh, Chennai, Gauwhati, Hyderabad, Jaipur, Kanpur, Kolkata, Mumbai, New Delhi, Patna and Trivandrum. For address and contact details, refer to this link

Complaints about banking in India

Problems regarding banking or credit card ? Bank charging high rates, or delaying services, or any other problem ? Well, India has a banking ombudsmen who can help in resolving your complaints. And when do you go to a banking ombudsmen ? After you have tried to resolve your complaint with the bank, and after [...]

Mutual Fund industry in India to educate investors

Investments in Mutual Fund in India have grown at a steady pace over the recent few years, and every analyst and financial magazine recommends investments in Mutual Funds as a way to get into equity, especially for those who are not comfortable with direct investments in equity; or are risk-averse to some degree, or don’t [...]



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