Archive for November, 2009
Know the basics of Education loans!
November 26th, 2009
Mukesh Dedhia
The cost of education, especially for graduate and post graduate courses, has been increasing steadily in the last couple of years. With the rising inflation, parents, students and professionals alike, are finding that funding higher education in India or overseas is not as easy as it used to be.
However, a ray of hope is seen with the availability of educational loans from various banks, which can fund an individual’s higher education. As these loans are not one of the ‘mainstream’ loans such as home loans or personal loans, people are hesitant or mostly unaware of such options.
Term Of The Day - Eurodollar
November 18th, 2009
Mukesh Dedhia
What Does it Mean?
U.S.-dollar denominated deposits at foreign banks or foreign branches of American banks. By locating outside of the United States, eurodollars escape regulation by the Federal Reserve Board.
Source: www.investopedia.com