Mar 10, 2011
State bank of Indian credit cards and debit cards will be having the facility of IVR one time password” which is a step up level of security offered for the consumers of SBI cards, while transactions.
Mar 10, 2011
Kulkarni told CNBC-TV18, "LIC Housing Finance has given good breakout on the upside. We would expect another 3-5% from current levels."
Mar 09, 2011
Hopes of accelerated growth in the domestic economy, coupled with expectations of wage increments and an improved demand for consumer goods, have encouraged foreign and private lenders to switch their attention back to the unsecured loan market.
Mar 09, 2011
This budget has few proposals that benefit the home loan seekers. Borrowers have some scope as the Finance Minister has raised the slab for the one percent interest subvention scheme on home loans from Rs 10 lakhs to Rs 15 lakhs.
Mar 07, 2011
In a first of its kind loan transaction in the troubled microfinance segment, public sector Central Bank of India has sanctioned a `100 crore loan to Bhartiya Samruddhi Finance Ltd (BSFL), the flagship company of the Basix group,
Mar 07, 2011
The India branch of American Express Banking Corp has signed a distribution tie-up with Chennai-based public sector bank, Indian Overseas Bank (IOB), to provide its credit card services through the latter's distribution network.
Mar 07, 2011
Diwakar Gupta is set to be appointed one of the managing directors of State Bank of India, the country's largest bank, though there is no clarity on whom the other two MDs would be.
Mar 05, 2011
The Indira Gandhi National Open University (IGNOU) has introduced a new web portal for its students and partner institutions (PIs). According to the statement of an official it
Mar 05, 2011
Citibank has witnessed maximum 92 frauds of cloning of debit/credit cards or use of fake cards involving over Rs 1.89 crore from 2007-08 to December 2010.
Mar 04, 2011
The scramble for cash to meet year-end targets has made banks pay 10 % for even one-month deposits. According to bankers, the rates for such deposits may rise further, as certificates of deposit (CDs) worth Rs 1 lakh crore will come up for re