Aug 02, 2011
Since rural India holds 65 per cent of the total gold stock, organized players in the gold loan industry are targeting rural customers to fulfill their requirement for gold.
Aug 02, 2011
In a shift from its traditional practice of offering credit cards to its captive clients, HDFC Bank, India’s second-largest private sector lender, is now offering more cards to people outside its existing client base.
Aug 01, 2011
Mr.Sharma, 32, is in a join. Sharma has been saving for close to a year in pursuit of his first set of four wheels. His mission turned difficult when he decided to buy a diesel car instead of a petrol one to exploit the rising differential c
Aug 01, 2011
SBI Cards has launched its credit cards with EMV chip security feature. EMV or 'Euro Pay, MasterCard & Visa', is a credit card industry standard that provides customers enhanced security both in India and abroad.
Jul 26, 2011
The Reserve Bank of India (RBI) hiked key repo rates and reverse repo rates by 50 basis points ( 1 percent is equal to 100 basis points) on Tuesday at its policy review to tame inflation.
Jul 25, 2011
YES Bank on Thursday said its net profit for the quarter ended June 30 rose 38 per cent to Rs 216.1 crore from Rs 156.4 crore a year ago. Higher interest income and lower provisions contributed to the bank’s earnings.
Jul 25, 2011
Facing a potential hit on nearly Rs 10,000 crore lent to builders and home buyers in Noida Extension, banks are planning to seek a special dispensation from theReserve Bank of India to do without setting aside funds for possible default on these
Jul 25, 2011
LIC Housing Finance announced its first quarter, 2011-12 results on Wednesday.The company posted an increase of 21 percent in its net profit to Rs 256.50 crore inQ1, 2011-12, as compared to Rs 212.02 crore in the year ago period.
Jul 23, 2011
In a sign of returning confidence, banks have started giving out Personal loans, opening the fund tap to customers who do not have an account with them.
Jul 23, 2011
For an industry that has got used to driving on automatic at healthy double-digit growth rates, it’s nothing short of cataclysmic. Car sales have crashed in the past three months, worrying news from a sector seen as a bellwether for the Indian