Category Archives: Articles

Interest rates not to increase before October

The latest policy rate increase by the Reserve Bank of India in monetary policy review has produced a confusion whether the interest rates on deposits and loans would also go up or not.

Credit card transactions increase by 5%

During the month of July credit card transactions valued at Rs 5,817.46 crore took place which is an increase of 5% over the transactions posted a month previously.

NHB to assist in refinancing NBFCs

National Housing Bank has said that it would like to help in refinancing the non-banking financial companies (NBFCs) offering home loans to borrowers.

SBI introduces RBI Young Scholars Award Scheme

A scheme known as RBI Young Scholars Award Scheme has been introduced by Reserve Bank of India. The aim behind this award is to motivate the youth and develop awareness regarding the banking segment of India.

Volkswagen-Suzuki set to arrive in India

German car manufacturer Volkswagen (VW) may expand its worldwide partnership with Suzuki in India by using the production and design facilities of Maruti-Suzuki in India. Senior officials of VW went to the Maruti-Suzuki factory and met top management of the company where discussions revolved around sharing product designing or renaming cars.