According to a recent press release Moody’s has re-affirmed its rating for ICICI Bank and said the private sector lender has continued to maintain a healthy franchise and a strong liquidity, capitalization and earnings profile. The report also said that the probability of systemic support for ICICI Bank is high, given its sizeable retail deposit… Read More »
A recent press report said that Jewellery chain Goldplus from Tata Group has launched a new scheme named ‘Swarna Samridhi’ for Andhra Pradesh market in alliance with Muthoot Finance. Reports said that the tie-up will help customers in rural areas to get an opportunity to purchase and invest in gold jewellery of their choice from… Read More »
The city Co- operative bank is one of the well known banks having almost 8 branches in Mumbai and 2 branches in Thane District. In addition to banking for conveniences of its customers the Bank is also providing insurance and other services. Its loan portfolio includes housing loan, personal loans, educational loans, business loans, mortgage… Read More »
Purpose: Purchase of Private / Commercial Vehicles (New or Used) Eligibility: Salary after loan EMI amount 40% of the Net Income subject to minimum 5000/- & Max 20,000/- Quantum of Loan: For Private Vehicles (New): Max Rs.30.00 Lakh For Private Vehicles (Used) (a) Max Rs.30.00 Lakh Eligibility: Salary after loan EMI amount 40% of… 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-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 »