Seven of the top 10 Indian companies have lost more than Rs 28,000 crore in their market capitalisation in just a week’s time, and Coal India was the hardest hit with a loss of over Rs 7,000 crore.
Posts Tagged ‘SBI’
India Co. loss over Rs 28,000 crore
November 6th, 2011 
Ziaulla Namani 
Posted in india, News 
Tags: Airtel, Coal India, Crore, Hdfc Bank, Largest Software, Market Capitalisation, Market Trend, Market Valuation, NTPC, Ongc, Quarter Numbers, Rs 2, SBI, Sensex, Stock Brokers, Street Expectations, Top Slot, Uptrend, Volatile Market, Weak Market 
Comments OffPSBs extend home loan tenor upto 30 yrs
October 23rd, 2011 Ziaulla Namani Fearing credit turning bad assets in the wake of high interest rates, a number of state-run banks, led by SBI, have decided to raise home loan tenors to 25-30 years or till the borrower touches 70 –well past their working age.
Posted in india, News Tags: 19 Months, Bank Of India, Basis Point, Basis Points, Batten, Case Basis, Customer Profile, Emis, Finance Ministry, High Interest Rates, home loans, Krishna Kumar, Public Sector Banks, Rising Interest Rates, S Krishna, SBI, State Bank, State Bank Of India, Tenors, Tight Monetary Policy Comments OffDiscounts on the home loan this season
October 8th, 2011 Ziaulla Namani This festive season even the banks, like the electronics retail stores, are offering discounts on home loans.
Below are some of the schemes on home loan offered by the banks,
Dual rate scheme
Dual rate scheme fixes the interest rate for first few years and then changes it to the prevailing interest rate.
Posted in Personal Finance Tags: Bank Of India, Basis Points, Bps, Dena Bank, Dual Rate, Festive Season, First Few Years, HDFC, home loans, Icici Bank, Increase In Salary, Instalment Scheme, Loan Borrowers, Loan Scheme, Prime Example, Punjab National Bank, Rate Scheme, SBI, State Bank, State Bank Of India Comments OffAffordable housing loan cell by SBI
March 29th, 2011 Ziaulla Namani As per the PTI news the country’s largest lender State Bank of India, SBI on Tuesday inaugurated its first ‘affordable housing loan’ cell in Mumbai, which will provide a platform for its customers to interact with the bank.
Posted in india Tags: Affordable Housing, Atm Facility, Bank Of India, Business Hours, Cash Payments, Delivery Structure, Disbursement, Housing Loan, Housing Projects, Inadequate Supply, Internet Kiosks, Localities, Mumbai, Nearby Location, Pilot Project, Rs 8, Sanction, SBI, State Bank, State Bank Of India Comments OffTata, the best Indian brand
March 22nd, 2011 Ziaulla Namani In today’s market scenario customer is the king. He has a choice of selecting a product, brand from multiple choices available.
In order to win the consumer companies and brands are going out of the way to convince them.
Posted in india Tags: Ahead, Airtel, Bpcl, Giant Conglomerate, Google, india, Indian Brands, Indian Oil, Market Scenario, Money Lender, Multiple Choices, Nbsp, Reliance, S Market, SBI, Tata Group, Th Position, Top 50 Brands Comments OffSix of top-10 firms lose over Rs 42,000 crore this week
December 12th, 2010 Malvika Press Trust of India has reported that the combined market capitalisation (m-cap) of six of the country’s top-10 firms went down by Rs 42,791 crore during the past week, with two of the country’s top lenders, SBI and ICICI Bank, bearing the maximum loss.
Posted in Stocks Tags: Bank Of India, Behemoth, Bharti Airtel, Bombay Stock Exchange, Coal India, Honcho, Infosys Technologies, Market Capitalisation, Market Valuation, Maximum Loss, NTPC, Press Trust Of India, Rs 1, Rs 2, Rs 21, Rs 42, SBI, Scrip, State Bank Of India, Trust Of India Comments OffIndian investors wealth eroded by Rs 1.6 lakh crore as market goes downward
November 12th, 2010 Malvika According to the report by the Press Trust of India (PTI), due to the poor industrial growth and negative global cues, Indian investors in the stock market saw their wealth eroded by 1.6 lakh crore.
Posted in News Tags: Bearish Mood, Blue Chips, Crore, Cues, Debacle, Dlf, Global Markets, Icici Bank, Indian Investors, Knee Jerk Reaction, Market Capitalisation, Negative News, Ongc, Press Trust Of India, Production Numbers, Reliance Industries, SBI, Sensex, Trust Of India, World Equities Comments OffBounced cheque may lead to the closure of your bank account
October 13th, 2010 Malvika Take extra caution before writing a cheque. Country’s largest money lender State Bank of India (SBI), is planning to close the account of those customers who release a cheque without adequate fund in their account.
Posted in NRI Banking Tags: 1 Crore, Bank Of India, Banking Association, Caution, Cheque Books, Cheques, Closure, Credit Score, Defaulter, Financial Discipline, Financial Services, Internal Communication, Lakh, Money Lender, Penal Offence, Public Sector Banks, Reserve Bank of India, Rs 1, SBI, State Bank, State Bank Of India Comments OffRs. 1 crore to open an account with SBI
September 4th, 2010 Malvika After extending the service to urban middle class and rural poor State Bank of India (SBI) is now aggressively targeting the millionaires of the country.
This move by the bank is to shed its PSU image.
Posted in News Tags: Attractive Feature, Bank Of India, Bank Officials, Banking Hours, Crore, Diwakar Gupta, Dressing Rooms, Goers, Hyderabad, Kohinoor Diamond, Open 24 Hours, Private Banks, Red Carpet, Relationship Managers, Rs 1, SBI, Star Amenities, State Bank, State Bank Of India, Urban Middle Class Comments OffCheaper loan rates to woo customers this festive seasons
August 28th, 2010 Malvika 
PSUs are planning to attract customers by offering them loans at a cheaper interest rate.
In order to increase the customer in their loan registers banks are planning to woo individuals with cheaper loans even as interest rates are on the rise.
Posted in Personal Finance Tags: Basis Points, Borrowers, Buy Cars, Car Loans, Consumer Loans, Diwali, Festive Season, Festive Seasons, Festive Spirit, Fixed Rate, home loans, Lakh, Liquidity, Loan Rates, Maturities, Private Banks, Public Sector Banks, Rate Regime, Rs 50, SBI Comments OffLoans to get costlier as PSU’s increased their base lending rate
August 16th, 2010 Malvika 
State Bank of India (SBI), the country’s largest banking player on Monday beefed up its benchmark lending rate by 50 basis points to 12.25%.
Posted in Personal Finance Tags: 100 Basis Points, Bank Loans, Bank Of Commerce, Bank Of India, Base Lending Rate, Corporate Loans, Double Digits, Existing Customers, Fixed Deposit Rates, Maturities, Mid March, Money Lending, Oriental Bank Of Commerce, Prime Lending Rate, Public Sector Banks, Reserve Bank of India, SBI, State Bank, State Bank Of India, Tight Money Comments OffSlowly banks are raising fixed deposit rates
February 26th, 2010 Tushar Mathur In the coming months fixed deposit can again be a good investment option as the deposit rates are on their way up. But the things will get better in fiscal 2010-11.
Last week HDFC Bank had raised its deposit rates by 25-150 basis points (one basis point equals one-hundredth of 1%) across various terms.
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Bank Deposit Rates, Bank Liquidity, Bank Of India, Basis Point, Basis Points, Credit Suisse, Deepak, Fixed Deposit Rates, Gupta, Icici Bank, Investment Option, Loan Growth, Mallya, Maturities, Public Sector Union, SBI, State Bank, State Bank Of India, Union Bank, Union Bank Of India Comments OffBanks report surge in Casa ratio as against fixed deposits
February 4th, 2010 Tushar Mathur In the past few months term deposit rates have lost sheen as banks have reduced rates. Now people prefer to park their money in current account savings accounts (Casa) rather than investing their money in fixed deposits for longer duration.
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Bank Of India, Banks Report, Current Account, December 31, Duration, Fixed Deposits, Hdfc Bank, Interest Rates, Investing Money, Private Sector Bank, Quarter Ended December, Rs 1, savings account, SBI, Sheen, State Bank, State Bank Of India, Term Deposit Rates, Term Deposits, Treasury Comments OffBanks low-cost deposits share drop to a 10-year low
December 28th, 2009 Tushar Mathur In the recent times group of pubic sector banks has witnessed drop in their low-cost deposits, the drop is a 10-year low While individuals are preferring bulk deposits and more are depositing more money in fixed deposits, which offered higher interests a year ago.
Also, the opening of customer-savvy private sector banks is responsible for bringing down investments in low-cost deposits (savings and current account balances) at public sector banks.
This year public sector banks, savings and current account balances accounted to 31 per cent of their total deposits, which was 34 per cent in 1999 and was at peak of 38 per cent in 2066, as per the study conducted by Indian unit of London-based investment banking group, Noble.
But among the public sector banks there have been some of the exceptional banks like State Bank of India (SBI) and Bank of Baroda (BoB).
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Bank Of Baroda, Bank Of India, Current Account Balances, Fixed Deposits, Hdfc Bank, Icici Bank, Investment Banking Group, Liquidity, Private Banks, Private Sector Banks, Public Sector Bank, Public Sector Banks, Retail Loans, Salary Accounts, SBI, State Bank, State Bank Of India, Term Deposits, Times Group, Wholesale Deposits Comments OffArtbitrage funds have a greater scope in 2009
January 4th, 2009 Tushar Mathur 
If you are interested in investing in equities but fear the market volatility, the smartest way will be to invest in arbitrage funds. These mutual funds are the best performing funds among the equity category in 2008.
Posted in india, News, NRI Investing Tags: Arb, Arbitrage Fund, Arbitrage Opportunities, Arbitrage Strategies, Best Performing Funds, Capital Gain Tax, Debt Funds, Decent Returns, Equity Funds, Fixed Income, Futures Market, Idfc, Income Scheme, Investing In Equities, Investment Schemes, Market Fluctuations, Market Volatility, Risk Profile, SBI, Short Term Capital Gain, Short Term Capital Gain Tax Comments Off
