Nov 18, 2011
State bank of india assumed a sharpest growth in loans of real Estate Sector. But rapid growth in real estate sector increase volumes of bad loans for SBI. SBI’s gross non-performing assets, or NPAs, grew to 4.19% of total assets,
Nov 18, 2011
Active Credit Card ratio in India dropped 35 percent. Banks withdraw credit cards form defaulters and before approving new cards banks quarried on high level.
Nov 18, 2011
I know a bank account holder gets insurance of Rs 1 lakh for the money in the account. Can one take additional insurance for this?
Nov 17, 2011
Bajaj Finance Ltd managed to retain credit ratings because of high capital sufficiency, promoter supports and asset liability management. The capital adequancy ration of company is 20%.
Nov 17, 2011
HDFC Beats SBI in Market Capitalisation. But if we look at balance sheet of both banks, then SBI is five times bigger than HDFC Bank.
Nov 16, 2011
Peoples take personal loans to pay the debts like credit card dues, buying new accessories for home, sometimes purchases goods for high living life. These days peoples uses personal loans for pay back the card dues.
Nov 16, 2011
India Largest Auto Maker, Tata Motors Ltd. Net profit for second quarter fell sharply by 16%, prices of raw materials hikes because of inflation. Company founds slow pace in passenger’s car sales segment.
Nov 15, 2011
RBI found unequal rise in loans and real estate sector, Infrastructure sector. Banks provides lending to NBFC’s at high mass.
Nov 15, 2011
LIC housing finance applied for new banking license. LICHF appoints two four members committees for the preparations for banking foray. LICHF responded to the RBI against the draft guideline to float a new generation bank.
Nov 15, 2011
Women prefer to use Credit card first instead of Debit card. RBI founds that women use their debit cards not on regular basis.