Purpose – To offer housing loan for residential purpose covering construction, addition, purchase, takeover and renovation of house property, building etc Finance for purchase of land is only permissible in case the purchase is for residential use and is constructed within one year. Eligibility – Salaried employee in age of 21 to 65 yr… Read More »
A recent press repots said that Indian Bank has planned to push for educational loans in Karnataka. The outstanding of the bank stood at Rs 44.67 crore benefiting 1,698 students in the State. Mr. T.M. Bhasin, Chairman and Managing Director of Indian Bank, said the bank’s total educational loan portfolio stood at Rs 2,810.67 crore… Read More »
A recent press report said that a Leading private equity firm ICICI Venture has planned to raise up to Rs 1,000 crore from high net worth individuals in the next 6-9 months to invest in the residential real estate. Mr. Sanjeev Dasgupta, ICICI Venture President (Real Estate) told the press that they are planning to… Read More »
A recent press report said that HDFC Bank, the second largest private sector bank in the country, held a Mega Loan Mahotsava at Patas near Pune in Maharashtra. The bank had organized a first-of-its-kind one-day Mega Loan Mahotsava in Patas with a focus on loans for construction (home loan), earth-moving equipment and agriculture. Reports said… Read More »
A recent press report said that Corporation Bank has opened its branches at Tundla and Usaini in Firozabad district of Uttar Pradesh recently. The branch was opened by Mr. Ramnath Pradeep, Chairman and Managing Director of the bank. The branches come under Meerut zone of the bank consisting of branches in Uttarakand and some districts… Read More »
The Thane Janata Sahakari Bank Ltd has emerged as one of the leading multi state scheduled co-operative Bank in the country. It presently is catering to the needs of society through a close network of 54 Branches and 1 Extension Counters spread all over the city of Thane, Mumbai, Navi Mumbai, Nasik, Pune & Satara. The… Read More »
The Thane Janata Sahakari Bank Ltd has emerged as one of the leading multi state scheduled co-operative Bank in the country. It presently is catering to the needs of society through a close network of 54 Branches and 1 Extension Counters spread all over the city of Thane, Mumbai, Navi Mumbai, Nasik, Pune & Satara. The… Read More »
A recent press report said that Bank of India has decided to process all credit-related services for benefit of its customers. Mr. Prem Kumar, general manager, of the bank told the press that the bank would process loans within a fixed time frame. He said that all credit proposals between Rs. 1 crore and Rs.… Read More »
A recent press report said that the Chairman and Managing Director, Canara Bank, Mr. S. Raman, said that RBI has to do a balancing act between curtailing inflation and growth. He said that the bank is planning to raise its interest rates as soon as possible. The bank is into providing many a variety of… Read More »
Vidharbha Kshetriya Gramin Bank, sponsored by Central Bank of India, is established on 12/09/2005 as per GOI Notification No. F. No. 1 2)/2001/RRB dated 12/09/2005 amalgamating three RRBs working in Akola, Washim, Buldhana and Yavatmal district from 1983-84. This Bank is 100% computerized, and is in the process of migration to CBS platform very soon.… Read More »