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Aug 09, 2011
Public lender IDBI Bank Ltd will set up a non-banking subsidiary to float an infrastructure debt fund.

Aug 08, 2011
But how do banks, from which he has taken no loan earlier, know that Gupta had a poor repayment record. There are big brothers in the form of credit bureaus that keep a tab on the credit behaviour of people.

Aug 08, 2011
There are many families where the children are working abroad. However, the parents stay back in India. Having made a good amount of money, many of these non-resident Indians (NRIs) and persons of Indian origin (PIO) intend to come back to India

Aug 06, 2011
Exceeding RBI's limit on exposure to single borrower, State Bank of India sanctioned loans to corporates such as RIL , IOC , Tatas and HDFC in the past three financial years, the Lok Sabha was informed today.

Aug 06, 2011
A CREDIT SCORE is a measure of how diligently you make payments relevant to loans, credit cards, telephone bills, insurance premiums, rent cheques and so on.

Aug 05, 2011
He said the loan facility extended by the Central Bank of India would benefit the government employees as they would get an opportunity to build their own houses. He congratulated the bank's executive director, R K Dubey, who was also present

Aug 04, 2011
Financial Services provider India Infoline (IIFL) is planning to enter the educational loan segment by this financial year.

Aug 04, 2011
The Damodaran committee on bank customer service has recommended that they do not discriminate between new and old home loan customers with identical risk profiles, on the basis of interest rate offers.

Aug 03, 2011
The hike comes a week after the Reserve Bank unexpectedly raised key policy rates by as much as 50 basis points. The last time HDFC had raised rates was in May, but had kept its rates unchanged in June when the RBI had raised the

Aug 03, 2011
The country's largest lender the State Bank of India, which has witnessed huge erosion in its net profit, has set up 14 account tracking centres to check non-performing assets, Parliament was informed on Tuesday.


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