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The Gate Way
-- Geetha Gopakumar

Latest Banking Advice

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Q: there is a drop of inflation from 7.5% to 6.5%,if the actual inflaction comes in at 7% , and the market percioeves a deviation, how will the market interest rate react, up or down?
-- Thule, SA 06/01/09
A: Inflation is an increase in the overall level of prices. Because rising prices reduce the buying power of money, inflation can also be defined as a decline in the value of money.The rate of inflation is a measure of how fast prices are rising. It is computed as the percentage increase in the level of prices between two time


Q: can i add funds to my paypal A/c? i don't have a credit or debit card. i have an a/c in Punjab national Bank. Could you please guide me?
-- Muthu Pandi, India 05/28/09
A: IF you can link your paypal a/c with your bank a/c and if you have on-line transaction right with your bank a/c then you can transfer/withdraw funds from your bank a/c to your paypal a/c for various purposes.

But you have to confirm with the paypal that paypal has recognise or allowing linkage with Punjab National Bank, since there are limited options in paypal for Indian Banks to register with.


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