The Bank Of Rajasthan Ltd. was established as a joint stock bank by the Mansingka Brothers at Udaipur in Rajasthan on May 8, 1943. The Bank was established with an initial capital of Rs.10L with the Late Seth Shri Govind Ram Seksaria, an eminent Industrialist of the country, as the founder Chairman.
Axis bank, previously called the UTI bank, was established in 1994, promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI – I), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies. It went public on Sept, 1998 with… Read More »
Kotak Mahindra Bank, which had deferred branch expansion plans during the last fiscal, due to the economic slowdown and the steep increase in lease rentals is now expanding its network at a moderate pace.
After almost a year of looking negative, the auto loan market is witnessing a cracking upsurge in volumes fueled predominantly by the festive season and to a large extent by the upsurge in the spirits of the automakers themselves who have been consistently launching new car brands the last few months. Ford Cruze being the… Read More »
Car loan and home loan offers are on with attractive interest schemes for this festive season! The home loan offers this season get even better with the dip in home loan rates expected to continue even past the magic “8 %” figure that was on offer to improve the lending scenario and breathe new life… Read More »
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 »
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 »
Now here is the big issue. Despite the company having received such a large number of bookings, the company’s current production is only 50,000 units. However this number is slated to increase once the company’s slated plant at Sanand (Gujarat) starts functioning. In the initial round, while 50,000 people would be allotted the car, the… Read More »
The high selling point of the Nano at this point in time, is the extremely affordable price tag and the fact that it looks quite fetching in terms of looks and gives consumers the snazzy feel of commuting in a hi-tech “cool” car. It comes with an Engine Management System (EMS), components of which have… Read More »