A recent press report said that HDFC Bank has launched three premium credit-cards – Regalia, Superia and Platinum Edge in Bangalore. The cards have been launched to facilitate frequent travelers. Mr. Pralay Mondal, Country Head – Retail Assets and Credit Cards, HDFC Bank, said that about 80 percent of the bank’s credit-cards are sold to… Read More »
A recent press report said that the United Forum of Bank Unions (UFBU), comprising nine banking sector unions, has announced its decision to go ahead with the nationwide strike on as the conciliation talks held between the unions and Indian Banks Association (IBA) had failed to yield desired result. Mr. Shyamal Karmakar, General Secretary, State… Read More »
The bank was established in the year 1982 with an authorized Share Capital of Rs. 25.00 lakhs and the paid up Share Capital of Rs. 4.00 lakhs. The Sarvodaya Sahakari Bank Limited, Surat is rightly bracketed as one of the leading and top-most co-operative banks of the city. It offers home loan, personal loan, vehicle… Read More »
The bank was established in the year 1982 with an authorized Share Capital of Rs. 25.00 lakhs and the paid up Share Capital of Rs. 4.00 lakhs. The Sarvodaya Sahakari Bank Limited, Surat is rightly bracketed as one of the leading and top-most co-op. banks of the city. It offers home loan, personal loan,… Read More »
Purpose – The home loan is offered for the purpose of Purchase or Construction of a House Property for residence within the District – Surat Eligibility – Any person having sufficient repaying capacity is eligible for the loan Quantum of Loan – Loan maximum up to 85 % of the Purchase Cost as per Sale… Read More »
A recent press report said that the immediate impact on the US rating downgrade on India is not that damaging. Dr.Subir Gokarn, Deputy Governor, RBI told that the RBIs commitment is to ensure that a disruption does not take place. The impact of the downgrade so far has largely been on the financial institutions, banks,… Read More »
A recent press report said that Union Bank if India has revisited its target for credit and deposit growth downwards equating the projections of the RBI. Further the bank has set the credit growth and deposit growth targets at 18.5 per cent and 16.5 per cent respectively. As per the report, at the beginning of… Read More »
A recent press report said that Union Bank if India has revisited its target for credit and deposit growth downwards equating the projections of the RBI. Further the bank has set the credit growth and deposit growth targets at 18.5 per cent and 16.5 per cent respectively. As per the report, at the beginning of… Read More »
According to a recent press report, the Union Bank has promoted seven Deputy General Managers to General Managers. These promotions were made to fill in the gaps that were created at the middle management level due to slew of retirements at the General Manager level. Those who have been promoted include: Mr A. K.T hakur,… Read More »
A recent press report said that the Reserve Bank of India went ahead with a large 50 basis point hike in its policy rate despite majority of its technical advisory committee pitching either for a pause or a nominal 25 basis points increase in the repo rate. As per the report, most of the members… Read More »