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Dec 10, 2011
Godrej Properties Ltd, the real estate development arm of the Godrej Group and ICICI Bank, India‟s largest private sector bank, signed a Memorandum of Understanding (MOU) on extending their projects and financial services to customers in

Dec 09, 2011
The third largest private lender Axis Bank today said it is working towards taking its retail loan-book to 30 per cent of the total assets over the next three to four years, as it sees the retail loan segment as a large market.

Dec 09, 2011
The unyielding attack on interest rates in a bid to rein in runaway prices is elastic results: the demand for vehicle loans has come down. The growth rate of Car loan volumes have almost halved so far in 2011-12 compared to

Dec 09, 2011
Fixed-rate home loans are the flavour of the season. Last week, HSBC India launched a fixed-rate home loan and loan against property product. Prior to this, Axis Bank home loan had launched in October 2011.

Dec 08, 2011
Customers must spot lapses before credit bureau, bank can take corrective steps. For customers who want to know their individual credit rating scores, buying a credit information bureau’s (CIB) report will take just a few minutes.

Dec 08, 2011
Axis Bank, India’s third largest private sector bank is looking to grow its retail lending to 30% of its total lending in next three years with a focus on home loans, car loans and cards business in smaller cities.

Dec 07, 2011
Reliance Commercial Finance, a unit of Anil Ambani-led Reliance Group, aims to completely come out of the unsecured lending business by the end of the current financial year to improve asset quality and profitability.

Dec 07, 2011
Axis Bank, the third largest private sector lender, is in the midst of a makeover. From being known as a corporate bank with a focus on infrastructure financing, the bank wants to step up its retail lending operations.

Dec 06, 2011
LIC Housing Finance, India's fourth-largest mortgage lender, for one, is working out a new floating rate product with an initial interest rate of 10.4% for loans up to Rs30 lakh, to be launched in January, and will discontinue its fixed-cum

Dec 06, 2011
Standard Chartered Bank is set to acquire over half of Barclays credit card portfolio in India. Barclays currently has a little over 300,000 cards in India.


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