A preview of LIC Children’s Plan – Jeevan Anurag
Life Insurance Corporation of India’s Jeevan Anurag is specifically designed to take care of the educational needs of children. The plan can be taken by a parent on his or her own life.
Category Archives: News
A preview of `Kotak Single Invest Plan’
Kotak Single Invest is a hassle-free unit linked plan, with well-defined fund options and switching facility, where you invest once and reap the benefits throughout the policy term.
Central Bank unveils pre-paid gift card
The pre-paid gift card launched by the Central Bank of India can be pre-loaded only once with any value between Rs 500 and Rs 50,000 and will be sold only at select branches. The card will be accepted by all retail stores across India displaying the Mastercard signage.
Dhanalakshmi Bank reduces deposit rates up to 1%
Private sector bank, Dhanalakshmi Bank has trimmed its deposit rates by up to 1 per cent across various maturities, a press release issued by the bank said. The new rates which will be effective from the 12th of October are as follows
Credit card payments decline more than 12 pc during April-Aug
It has been brewing for sometime now, credit card spending is on the decline. The recession has tightened the purse strings of individuals who may have temporarily shelved their credit cards. An indication of some such development is evident by the figures discovered during a survey for credit card spends and usage patterns.
SBI looking to raise up to $1 billion in bonds
SBI is all set to expand its business and explore contemporary models of banking to keep abreast with the current banking trends in India. Towards this end, SBI looking to raise up to $1 billion in bonds.
HDFC reports 24% growth in Profits in Q2
A company official said that increase in loan disbursements, reduction in cost of funds, and lower non-performing loans helped HDFC achieve this milestone. The interest spread on loans for the quarter was 0.01 % higher at 2.2 per cent compared with 2.19 per cent in the preceding quarter and 0.04 % lower when compared to… Read More »
SIB registers profit growth of 40%
Inspite of the recession taking its toll on the state of finances of this country, some banks seem to have registered a good growth in profits thanks to the life saving measures implemented by the RBI to safeguard the economy from crumbling.
Preview of ICICI Pru Elite Pension Plan
There are a host of insurance, saving and financial planning options in the market. In this blog, we attempt to give you information on most of such products available in the market. Provided below is an overview of ICICI Pru Elite Pension plan. Check it out to see if it works for you!
Festive Season for Home Loans!
It is that time of the year when festivities bring a smile on everyone’s face. Pst October is usually a high spend time frame, where people indulge a bit having worked hard all year. From now until new year its time for loosening the purse strings. Retail markets well aware of this put up great… Read More »