Feb 03, 2011
The Reserve Bank of India has asked banks to put in place an escrow mechanism that can ring fence their loans to real estate firms and keep a closer tab on the end use of funds.
Feb 03, 2011
ICICI Bank is on the lookout for a new creative partner for its credit cards business, according to industry sources, and has reportedly already invited a few agencies to make their
Feb 02, 2011
A week after the credit policy, the quarter percent rate hike is beginning to seep in. HDFC has raised its home loan rates for existing and new customers by a quarter percent.
Feb 02, 2011
Bangalore-headquartered public sector lender Canara Bank is hopeful of maintaining the growth momentumoin the advances front in the fourth quarter of the present financial year.
Feb 02, 2011
Credit card usage over phone will have an additional security layer from February 1, as the RBI has made it mandatory for customers to get a single-use password from their banks for each transaction.
Feb 01, 2011
Bank lending and deposit rates have begun to move up in response to the 25-basis points hike in interest rates by the Reserve Bank of India. All eyes are now on SBI which holds the key to home loan rates.
Feb 01, 2011
Private and Public Banks are offering new and improved products to match the growing demand for loans in India. One opts for loans to meet their financial needs.
Feb 01, 2011
Credit card usage over phone will need an additional security layer from tomorrow, as the RBI has made it mandatory for customers to get a single-use password from their banks for every such transaction.
Jan 31, 2011
Infosys Technologies, India’s second largest information technology services firm, has discontinued some of its loan schemes for employees.
Jan 31, 2011
Defending the teaser rate scheme, State Bank of India (SBI) Chairman O P Bhatt said that over 2.92 lakh borrowers availed themselves of the scheme to buy their dream homes.