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If softening deposit rates are any cue, auto and home loan borrowers can breathe easy as lending rates may come down or remain at current level for some time.

Deutsche Bank has entered into an agreement to transfer its credit card business in India to IndusInd Bank.

If your income is average, but expenses are high then it seems quite difficult to bear high expenses of life like high electricity bill, medical bill, marriage related expenses, education expenses and many more.

Financial stress can adversely affect a person's psychological state. Surveys have shown that financial stress is among the root causes of decreased performance at work and a steady decline in physical and mental wellbeing.

Pratip Chaudhuri's appearance is deceptive. The soft-spoken chairman of the nation's biggest bank, the State Bank of India , in the very first week of taking office has proved that perceptions and reality can be so different.

Interest on auto loans up to Rs 5,00,000 is between 10.25 % and 12.50 %. While State Bank of India (SBI) is offering sbi car loan at 10.25 % for the first year and 9.25 % for subsequent years, most private banks are charging 12.50 % interest.

Transactions worth Rs 6,212.92 crore were carried out in the country through credit cards in February 2011, registering a growth of 27.82 % compared to the same month last year.

Home loan borrowers, anxious about a possible hike in EMIs, may breathe easy. At least for the next few weeks. Banks are unlikely to raise lending rates despite the Reserve Bank of India’s (RBI’s) decision to increase policy rates last month

IndusInd Bank has entered into an agreement with Deutsche Bank to buy the latter’s credit card business in India after others in the race pulled out due to expensive valuations.

After appointing Pratip Chaudhuri as the new chairman, the bank has also promoted its former chief financial officer, Hemant Contractor, as the new managing director (MD) for international banking services.