The Financial crunch faced by the Indian Airlines is affecting the Banks of government of Indian Undertaking.
In a reply to the Rajya Sabha by finance minster of state the amount due are outstanding.
April 25th, 2012
Ziaulla Namani The Financial crunch faced by the Indian Airlines is affecting the Banks of government of Indian Undertaking.
In a reply to the Rajya Sabha by finance minster of state the amount due are outstanding.
February 4th, 2012
Malvika India’s largest lender, State Bank of India, will name and shame ‘wilful’ defaulters and will display their pictures in newspapers to get them to pay up.
“The fresh approach will ruffle a few feathers,” the paper quoted a bank executive as saying.
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.
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.
August 14th, 2011
Ziaulla Namani Weak markets, the global debt crisis and surging interest rates will cripple Indian companies’ ability to raise funds and manage borrowings and could worsen banks’ credit quality.
April 20th, 2011
Ziaulla Namani People planning to go for a home or an auto loan just wait and watch.
As per the ENS Economic Bureau, though the Central bank (RBI) of India’s annual monetary policy review is only three weeks away, State Bank of India, the country’s largest bank, has announced a hike in its benchmark lending rates by 25 basis points (bps), making home and auto loans from the lender dearer.
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.
January 19th, 2011
Malvika It is reported in Business Standard that salaried taxpayers with no other income option could get a respite from filing tax returns. The income-tax (I-T) department is contemplating of examining a proposal to exempt salaried taxpayers from the annual chore.
January 17th, 2011
Malvika India’s largest money lender State Bank of India (SBI) is planning to raise up to Rs 2,000 by offering bonds to retail investors in the next month.
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.
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.
March 29th, 2010
Malvika There are people who have a lot of money, but don’t know how to invest or deposit it wisely. They just leave it in the bank as dead asset. Sometimes they trust their friends or relatives and invest in some foolish schemes. These schemes may or may not give them returns. This is where the Wealth Management Services come in.
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.