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.
Posts Tagged ‘State Bank’
Private airlines owe a total of Rs 14,573 crore to PSUs
April 25th, 2012 
Ziaulla Namani 
Posted in india, News 
Tags: Air Carrier, Air Carriers, Bank Of India, Crore, Financial Crunch, India Leader, Indian Airlines, Jet Airways, Kingfisher, Kingfisher Airlines, Meena, Minister Of State, Minster, Namo, Narain, Private Airlines, Rajya Sabha, Second Quarter, State Bank, State Bank Of India 
Comments OffBank to disclose defaulters in newspapers
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.
Posted in india, News Tags: Bad Loans, Bank Executive, Bank Of India, Borrowers, Crore, Defaulter, Feathers, Fiscal Year, Indian Banks, Newspapers India, Non Performing Assets, Payment Obligations, Reuters, Risk, State Bank, State Bank Of India 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 OffBanks to be hit by debt laden Inc.
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.
Posted in india Tags: Bad Debts, Bank Index, Bank Of America, Bank Of India, Borrowings, Credit Quality, Crisil, Downgrades, Global Debt Crisis, Icici Bank, Interest Rate Environment, Loan Repayment, Merrill Lynch, Quality State, State Bank, State Bank Of India, Stocks Fall, Telecom Tower, Union Bank, Union Bank Of India Comments OffLoans to get costlier
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.
Posted in News Tags: Auto Loan, Auto Loans, Bank Of India, Basis Points, Cmd, Credit Offtake, Economic Bureau, Financial Lenders, Icici Bank, Indian Overseas Bank, Mohan, Monetary Policy, Narendra, National Bank, Prime Lending Rate, Rate Hike, RBI, Slack Season, 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 OffSalaried taxpayers may get some respite
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.
Posted in News Tags: Additional Income, Bank Interest, Bank Of India, banks, Direct Taxes, Favour, Income Option, Income Tax Returns, Proposal, Respite From, Salaried Employees, Salaries, State Bank, State Bank Of India, Substantial Chunk, Sudhir Chandra, Taxpayers, Workload Comments OffSBI to raise capital of Rs 2000 crore through bonds
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.
Posted in News Tags: Bank Of India, Basis Points, Board Committee, Committee Members, Crore, Deposit Insurance, Face Value, Fixed Deposits, Green Shoe, Money Lender, Opening Day, P Bhatt, Retail Investors, Rs 2, Rs 2000, S Central, Shoe Option, State Bank, State Bank Of India, Third Quarter Results 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 OffInnovation by SBI: Banking through kiosk
September 17th, 2010 Malvika 
State Bank of India (SBI), the biggest money lender of the country, is coming up with various strategies to fulfill the needs of population.
Recently it was in the news for inaugurating ‘crorepati only’ branch and now SBI has started one more venture.
Posted in india Tags: Bank Of India, Banking Services, Bill Payment, Biometric Device, Current Place, Dharavi, Fingerprints, Grocery Stores, Kiosk, Kiosks, Kirana, Minimum Balance, Money Lender, Proofs, Shopkeeper, State Bank, State Bank Of India, Systems Provider, Ticketing Systems, Valid Receipt 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 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 OffThe Increasing Wealth Management Services
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.
Posted in NRI Banking, NRI Investing, Personal Finance Tags: Abn Amro, Bank Of India, Canara Bank, Citigroup, Financial Institutions, Foolish Schemes, Foreign Money, Gold Funds, Latest Trends, Laymen, Management Sector, Management Service, nri, Personal Wealth Management, Preparing A Budget, Private Banks, Service Sectors, State Bank, State Bank Of India, Wealth Management Services 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 Off
