The Kalupur Commercial Bank – Vehicle Loan

Purpose: This loan finances purchase of vehicles for both personal and commercial use. Eligibility: Any individual or businessman can avail this loan Quantum of Loan: The maximum amount that could be granted as loan is Rs. 50,000/- . The cost of vehicle calculated will include the value of RTO tax, Sales Tax, Insurance, HPA but… Read More »

Canara Bank is hopeful of maintaining its NIM at 3 %

A recent press report said that Canara Bank is hopeful of maintaining its net interest margin (NIM) at about 3 per cent during the current fiscal, inspite of the hike in interest rates announced by the RBI in its recent credit policy.The bank recently announced a 50-basis-point increase in its base rate to 10 per… Read More »