Tag Archives: auto loan

Top 5 Car Loans in terms of rates, benefits and features

Over the time, Cars have increasingly become a necessity. With the help of Banks and other finance companies, owning a car has become easier. In India, many lenders are providing Car Loans at affordable rates. In this article, we will discuss about the various types of Car Loans offered by the financiers and present the… Read More »

Karur Vysya bank has announced its festival offers

According to a recent press report karur Vysya bank has announced a new Diwali discount offer to attract customers. The bank has planned to offer gold coins in different denominations according to the convenience of the customers. The KVB bank is known for its smartness, the 999.9 purity coins with international standards offered by the… Read More »

SBIs action to raise the fund through rights issue

A recent press report State bank of India, the country’s largest commercial bank is looking at the rights issue for capital infusion. The central government is holding 59.4 per cent of major shares of SBI. Government has an influencing authority to frame the fund raising route. It has decided to infuse the capital through preferential… Read More »

SBI MD has said that the bank is losing ability to pass on rate hikes to borrowers

According to Mr. Hemant Contractor Managing Director State bank of India will have to weigh the slowdown in credit growth and asset quality pressures before passing on the interest rate hikes by the Reserve Bank of India on the borrowers. Reports said that State Bank of India has launched Vishwa Yatra Foreign Travel Card in… Read More »

Dr. K. Rosaiah has congratulated KVB’s efforts in taking banking services to the masses

According to a recent press report, Dr K. Rosaiah, Governor, Tamil Nadu, who addressed the 95th Founders Day celebration of Karur Vysya Bank, appreciated the bank for taking banking services to the masses. On addressing the 95th Founders Day celebration of the bank, he said that nationalization of banks in 1969 gave a standard shift… Read More »

Dhanlaxmi Bank has denied allegations of manipulation

Shares of Dhanlaxmi Bank gets depreciated about 24 per cent after the All India Bank Officers Confederation raised question about the lender’s financial health. The firm has opened its stock but surrendered the gains thereafter, the BSE and NSE stock value sinking to 52 week low. It hit a low of Rs 54.25 on the… Read More »

Mobile and e – banking has picked up traction in SBT

In a recent press report, Mr. P.Nanda Kumaran, Managing Director of State Bank of Travancore said that SBT has steadily picked up mobile banking services. In his statement Mr. Nanda said that the mobile banking services in SBT is progressively gaining momentum and it has nearly touched a five digit number in case of registrations… Read More »

SBT has completed financial inclusion targets in 29 villages.

In his recent statement Mr. P.Nanda Kumaran, who has recently taken over as the Managing Director of the bank said that State Bank of Travancore has completed the target of financial inclusion order by the Reserve Bank of India to all the banks. The RBI has mandated banks throughout the country to appoint a business… Read More »

SBT has announced festival offer of high interests for depositing for 500 days

According to a recent press report the public sector bank State Bank of Travancore headquartered in Trivandrum has announced a festival offer of increased rate of interest for deposits. Under this scheme the customers can make deposits for a period of 500 days and earn attractive interest rates. The bank has announced a 10 per… Read More »

IDBI has planned to raise funds through MTN

A recent press report said that IDBI bank has planned to raise $1 billion of debt from abroad over the coming twelve months. Mr. R. M. Malla, Chairman and Managing Director of IDBI said that this overseas borrowing which is to be done through medium term note (MTN) would be in tranches. A MTN note… Read More »