GeneralInfo – Page 92

March 11, 2012Financial

RBI repo rate – Indian central bank’s current and historic interest rates

Charts – historic RBI interest rates Graph Indian interest rate RBI – interest rates last year Graph Indian interest rate RBI – long-term graph The current Indian interest rate RBI (base rate) is 8.500 % RBI – Reserve Bank of India The Reserve Bank of India (RBI) is the Indian central bank. The RBI’s most important goal is to maintain monetary stability – moderate and stable inflation – in India. For an overview of current inflation in India, click here or here for current inflation by country. The RBI uses monetary policy to maintain price stability and an adequate flow […]

March 11, 2012July 9, 2014Financial

Chit Fund Interest and Returns Calculator in Excel

Chit Fund Interest and Returns Calculator in Excel Chit funds is a very widely used investment and loan lending system in India. In a chit fund, a group of people agrees on a Chit value per head along the duration to arrive at the EMI. Every month the Chit will be open for auction and people in the group will participate in the auction. This way whoever, is in need of money that month they will auction for high bid values. Here I’ve put in a quick Chit Fund Interest and Returns Calculator in Excel sheet that can be handy for […]

March 10, 2012Self Management

Apply for Ration Card – How do I: National Portal of India

Apply for Ration Card: Andhra Pradesh Normally new ration cards are issued to all eligible families after a Govt. notification. Ration cards are basically of two types: White Cards (D Cards) Pink Cards (ABC Cards) White cards are issued to people with an income of less than Rs. 11000 and pink cards are issued to people with an income of more than Rs. 11000. New cards are issued by the MRO after obtaining sanction from the District Collector and conducting enquiry about the applicant. The Master Register (Key Register) contains details of the card holders that are assigned to a […]