Abhyudaya Co-op. Bank Limited is one of the leading Urban Co-operative Banks in India and works with the objective of progress and prosperity of all. The bank’s operation was commenced on January 1964 as a Co-operative Credit society with a share capital of a merely Rs.5, 000/- held by 83 members. Today it has become… Read More »
Abhyudaya Co-op. Bank Limited is one of the leading Urban Co-operative Banks in India and works with the objective of progress and prosperity of all. The bank’s operation was commenced on January 1964 as a Co-operative Credit society with a share capital of a merely Rs.5, 000/- held by 83 members. Today it has become… Read More »
Abhyudaya Co-operative Bank Limited is one of the leading Urban Co-operative Banks in India and works with the objective of progress and prosperity of all. The bank’s operation was commenced on January 1964 as a Co-operative Credit society with a share capital of a merely Rs.5, 000/- held by 83 members. Today it has become… Read More »
Purpose: For education in India and abroad Eligibility: An Indian National, who has secured admission to eligible course. The loan will be sanctioned to the parents of the student and the student will be Co-Borrower. Eligible Course: Studies in India: Diploma / Graduation / Post-Graduation / Medical / Technical / Professional courses in various disciplines… Read More »
Purpose: Purchase of new flat and construction of house or purchase of old flat / house including extension to existing flat / house Quantum of Loan: Loans up to Rs.15.00 Lakh – 90%, Above Rs.15.00 Lakh up to Rs.20.00 Lakh – 85%, Above Rs.20.00 Lakh up to Rs.50.00 Lakh – 80% of the Agreement… Read More »
A recent press report said that RBI has proposed to set up a working group to look into the pricing of loans and advances as there is a lack of transparency in pricing of floating rate loans and mispricing of risk. According to a report from the RBI, it is very important to not that… Read More »
A recent press report said that The Jain Sahakari Bank Ltd., Mumbai has been penalised by the Reserve Bank of India on compliance with Know Your Customers (KYC) norms/Anti Money Laundering (AML) guidelines. The regulator has imposed a fine of Rs. 1 lakh on the Jain Sahakari Bank Limited, Mumbai, Maharashtra, in exercise of powers vested… Read More »
A recent press report said that the customers of ING Vysya Life Insurance are given an option to make their policy renewal payments at any of the 26 KarnatakaOne centres across Mysore, Bellary, Shimoga, Mangalore, Tumkur, Belgaum, Gulbarga and Davangere at no extra charge. According to reports, KarnatakaOne is the integrated citizen service project of… Read More »
According to a recent press report, the IDBI bank has cut down the interest rate on floating rate home loan scheme by 25 to 50 basis points for its existing customers. For new customers, the bank has introduced fixed-cum-floating rate scheme. The bank said that it has decided to offer the concession of 100 basis… Read More »
A recent press report said that the Retail and corporate credit, including home and auto loans, are likely to become costlier due to the RBI’s latest increase in the key rate. Mr. S. C Sinha, Executive Director, Oriental Bank of Commerce said that banks might increase both lending and deposit rates following the RBI action. He… Read More »