In your interest.
Online Personal Finance Magazine
No beating about the bush.
My wife, Rekha Pradeep Pathak, has opted for a personal loan of Rs450,000 from ICICI Bank. I am a co-borrower for this loan. ICICI Bank levied Rs10,113 as processing charges and CFOC (credit facility origination charges) of Rs6,750. CFOC has been made payable from the first EMI.
The personal loan should carry an interest of 19.5% (conversion period not shown), as stated in the credit...
A few days back, Orchid Chemicals tanked to the extent of 50% without any apparent reason. Then came an announcement on CNBC TV 18 that the promoters had to resort to a ‘distress sale’ as they had no margin money. This implies that they had already ‘bought’ a large chunk of their own shares - and that too perhaps over a period of time. Had they disclosed this to SEBI as required? Or have they...
I am a regular reader of MoneyLIFE; I must congratulate you for bringing out a very good magazine. I have been following your stock market tips which have really helped me. Other news channels give tips after the shares have appreciated already. What I really like about your magazine is your honest efforts to help those readers who have been taken for a ride by companies.
Usha Karnani, CEO,...