Current Feed Content from 6 Oct 08 11:00
Assocham asks RBI to cut CRR, Repo rate by 1%
Mon, 06 Oct 2008 10:15:13 +0530The Associated Chambers of Commerce and Industry of India (Assocham) has asked the Reserve Bank of India (RBI) to inject enough liquidity in to the market through the routes of cash reserve ratio (CRR) and repo rate. The chamber has requested the apex body to reduce the CRR and repo rate by one perc...Project Jahrkhand: New initiative of HDFC Bank
Fri, 03 Oct 2008 12:57:45 +0530HDFC Bank on September 30th launched its financial inclusion programme-‘Project Jharkhand' in Ranchi under the aegis of the Reserve Bank of India.Under this project, HDFC has kick started the country's first Common Service Centre (CSC) with banking services in the state. The bank plans to inst...Mobile banking to spread its wings
Tue, 30 Sep 2008 12:06:17 +0530The department of telecommunication (DoT) is planning to approach the Reserve Bank of India (RBI) for further guidelines on mobile banking. The department seeks this consultation to provide complete mobile banking services to the customers.Although RBI has recently announced certain guidelines, only...Corporation Bank expands internationally
Fri, 26 Sep 2008 11:08:21 +0530Government owned, Corporation Bank has decided to spread its wings overseas by opening a Representative Office in Dubai on September 22nd, 2008. This is the first branch of the bank outside India.Chairman and Managing Director of Corporation Bank, B. Sambamurthy, H.E Saeed Abdullah Al-Hamiz of Centr...Door to Door Banking to reach Orissa: PNB
Tue, 23 Sep 2008 10:07:36 +0530State-owned lender, Punjab National Bank (PNB) has decided to initiate a new technology driven model of service delivery in the state of Orissa. The bank will launch ‘smart card' or ‘hand held device' to provide this service across the state. The state government is going to help the ban...IndusInd Bank to expand its business
Mon, 22 Sep 2008 08:59:48 +0530The Mauritius based IndusInd International Holdings Ltd (IIHL) announced in its Annual General Meeting (AGM) that its subsidiary IndusInd Bank, which operates 148 branches in India, will expand its financial services in strategic markets, including the Middle East, with significant NRI and Indian-or...Manage your loans, avoid recovery agents
Tue, 05 Aug 2008 10:10:13 +0530All of us are very well aware of the pesky calls that one receives from banks and telecom services, providing us with information about products which we never want to buy. If that is irritating, then how irritating would a call from a recovery agent be? Gone is the “Yes, sir” or “...Gandhigiri, SRK to inspire recovery agents
Wed, 09 Jul 2008 10:34:52 +0530Bapu is coming to India’s rescue once again. And this time he is not alone. He has the support of Sanjay Dutt and SRK. India’s beloved Munnabhai and Kabir Khan are about to become real life teachers for 1.5 lakh debt recovery agents who would be going to school. This new school which has...Auto loan set to become costlier by 50-100 bps
Mon, 30 Jun 2008 10:24:21 +0530The bad news in the car segment doesn’t seem to end. If the rising oil prices and hike in car prices wasn’t enough, the customers would now have to deal with yet another hike in the auto loans. Following the RBI’s lead in increasing their lending rates, the banks and top financial...Car loans to increase by 1 percent
Fri, 27 Jun 2008 10:48:40 +0530If insiders are to be believed, then the decision taken by the RBI on Tuesday will adversely affect the auto loans industry. The dual hike in key rates as announced by the RBI, will hike the auto loans by a minimum of 5000 Rs. a month, on a car loan of Rs 3 lakh for a period of three years. Most of...
Car Loans News & Advice from rupeetimes.com
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