Free Press Journal
  • Mumbai: HDFC bank Vice President killed for measly Rs 35,000 EMI?

    Mumbai: A cab driver, Sarfaraz Ali Shaikh (20), has been arrested for the murder of Siddharth Sanghvi, a vice president at the HDFC bank. Shaikh, the police said, desperately needed money to repay his vehicle EMI and had confronted Sanghvi with a knife in the bank office compound.

  • Reasons Why Applying for a Credit card is a Good Idea

    A credit card is one of the most convenient options available to make purchases on credit today. However, unlike loans, this “debt” doesn’t come attached with any interest if you pay it off within the due date. If you fail to do so, then you may be subject to a high rate of interest.

  • Indore: 4 held for submitting fake document to take loans

    Indore: City crime branch on Wednesday arrested four persons for submitting fake documents to take vehicle loans from a finance company. The team also recovered 16 two-wheelers from the accused.

  • SBI cuts benchmark lending rate by 0.15% to 9.10%

    New Delhi : Ahead of the RBI monetary policy this week, country’s largest bank SBI has reduced benchmark lending rate by 0.15 per cent to 9.10 per cent, a move that will lower EMIs for borrowers.

  • Nalasopara man duped by motor dealer

    Mumbai : With the hope of buying a new car by taking a loan, Ram Sumeran Yadav, a resident of Nalasopara (east) has been duped by the dealer of Dream Motors, a motorvehicle company. Yadav had taken a loan under the scheme of Small Road and Water Transport Operator (SRWTO), from the Industrial Development Bank of India (IDBI) at Virar (west) branch through the dealer of Dream Motors Proprietor Jagmohan Bhakta on

  • Govt approves 3 interest subsidy on homes loans upto Rs 2L

    New Delhi: In a bid to ease EMI burden by ensuring cheap home loans in rural areas, the Centre today approved 3 per cent interest subsidy on loans of upto Rs 2 lakh for all households which are not covered under Pradhan Mantri Aawas Yojana (Grameen).

  • Housing loan dilemma

    Fixed interest rates are back for home loan seekers. But does it make any sense for new home loan seekers? ADITYA PARIKH finds out. (more…)