Today there are a lot of technological advancements in our country. The technological development has reduced the burden of people, where it has replaced manual work by computers in every place. Computers have become very efficient in managing work. Each and every sector is dependent on the computers to get work done easily and efficiently.… Read More »
Marriage is one of the most important occasions in one’s life especially in countries like India where the celebrations keep going for nearly a week. Marriages involve a lot of expenses and it is in fact prestigious issue that makes it more expensive. Marriage loans have become one of the most popular personal loan available… Read More »
A recent report said that Indian bank has planned to grow in its total business by 24 per cent that is Rs. 2, 25,000 crore in the current fiscal. The growth is expected to include Rs 1, 00,000 crore of advances in 2011-12 and the total business which stood at Rs.1, 82, 000 crore. The… Read More »
It is very important for a borrower to understand the meaning of teaser loans before taking up a home loan. Teaser loans are home loan offered to attract new home loan borrowers. The loans offer low fixed interest rates for the first two years of the tenure and from the third year the interest rates… Read More »
“What are Home equity loans? Are they different from home loans?” I had always had this question in my mind when I glanced through the loan advertisements on the papers. I thought that it was the word equity that mattered but later as I started to delve into the facts I came to understand the… Read More »
The country we live in is rich in culture and heritage. ‘Every person has his own way of celebrating festivals according to his own culture and practices’, is what exists in writing. But the ultimate truth is that, the level of celebrations at any point of time is completely dependent on the weight of a… Read More »
Bank of Maharashtra has planned to focus more on farm lending. According to recent reports the bank has planned to grow its business by 22 per cent in the current financial year. It has decided to offer loan to retail, small and medium enterprises, agriculture and mid-sized corporate and grow low-cost current account and savings bank… Read More »
According to a recent press release, Mr. Pratip Chaudhuri, SBI’s new chairman said that the bank will try to enlarge its market share without having any negative effects on the bank’s margins and profitability. He said that the bank has decided to reconsider its business areas where it has faced problems with the non-performing assets.… Read More »
Recent press reports said that Corporation Bank is expecting its credit growth and deposits to expand by 25 per cent and 22 per cent respectively, in the year2011-12. Mr. Ramnath Pradeep, Chairman and Managing Director of corporation bank spoke to the press about the bank’s expectation on the credit growth and the deposits in the… Read More »
Loan agreements are basically binding contracts between a lender and a borrower that specify the terms and conditions that rule the extension and repayment of the loan. The terms and conditions laid down in the loan agreement are in accordance with the local and national laws prevailing. This arrangement is generally useful for both the… Read More »