Malwa Gramin Bank is a project of State Bank of Patiala. The Bank was established on 27th Feb 1986. It is 100 % computerised on CBS platform. At present the Bank is operating in 371 villages with 53 branches and is operating in 5 Districts of Punjab. The Bank has achieved tremendous growth in business… Read More »
A recent press report said that Lakshmi Vilas Bank has planned not to increase its base rates because it has revised its base rate 10.5 per cent a month ago. LVB’s Chief Executive, Mr. Somasundaram, told the press that there are chances for the bank to increase its base rate in future but the bank… Read More »
Malwa Gramin Bank is a project of State Bank of Patiala. The Bank was established on 27th Feb 1986. It is 100 % computerised on CBS platform. At present the Bank is operating in 371 villages with 53 branches and is operating in 5 Districts of Punjab. The Bank has achieved tremendous growth in business… Read More »
A recent press report said that Public sector lender IDBI Bank has hiked interest rates for selected category of educational loans and also retail term deposit rates by up to 50 basis points but left the base rate unchanged. Reports said that in spite of the rise in the key policy rate s by the… Read More »
Karnataka Vikas Grameena Bank was formed by the amalgamation of four banks sponsored by Syndicate Bank in the State of Karnataka by a Government of India Notification dated 12/09/2005. The bank works with a mission to continue as the leading and visible Grameena Bank in the country by acting as a catalyst for the growth… Read More »
According to the latest data and statistics released by the RBI, loans outpaced bank deposits by 3% this year, raising serious concerns on the choice of customers today. While loans of various categories like home loan, car loan, personal loan etc., grew by 11% this year, bank deposits increased by a mere 8%, which several… Read More »
Credit card and personal loan defaulters will find no respite now as banks can track down defaulters with a new information service tool. The service, spread all across the country, will send an email alert to the bank when a borrower tries to borrow a loan amount from another bank in any part of the… Read More »
By short term goals we mean those goals which you intend to fulfill in the next 1-2 years. It could be holidaying abroad, buying your most desired camera, repaying a loan etc. Although the long term goals are considered to be planning for the future, short term goals should not be put away. For your… Read More »
When you thought the best way to handle your purchases is only by buying a credit card, you did not realize what kind of impact this plastic cash can create on your finances. A lot of things need to be kept in mind while you sign up or are possessing a credit card. It is… Read More »
Although it is important to start saving early, but it’s never too late to begin as well. If you are in your late 30s or early 40s and feel you have not saved much, well you can increase your savings pattern from now. Make sure that you do not make large lump sum payments. An… Read More »