It was a typical Sunday afternoon. It took some time for Nidhi to soak in the ambience of the lounge bar that she was visiting after months. She was still furious at the cab driver, who had taken a circuitous route to the place so that he could charge her more. Her friend Renu, who… Read More »
Unit Linked Insurance Plans or ULIPs refer to a category of goal-based financial solutions that provide the perfect combination of protection and savings to an investor. They are managed in accordance with your personalized needs, thereby offering unprecedented transparency and flexibility to an investor. They offer insurance protection plus the benefit of wealth creation opportunities,… Read More »
A recent press report said that the country’s largest housing finance company HDFC has reported a net profit of Rs 971crore for the quarter ended September 2011, an increase of 20% compared to the corresponding period last year. The company has recorded a sound loan growth with advances growing 20% after factoring in loan sales.… Read More »
According to a recent press report State Bank of Mysore has planned to lend car loans at low interest rate for limited period in order to attract customers in this festival season. The bank has offered the car loan at a floating Rate of 12% per annum that is linked to the base rate, the… Read More »
According to a recent press report State Bank of Bikaner and Jaipur, has planned to offer instant car loans online for customers with clean financial record. Reports said that borrowers interested in the offer can login the website, sbbjbank.com and apply online. If the applicant is eligible for the loan a sanction letter will be… Read More »
According to a recent press report the fixed Deposit scheme offered by Mahindra finance provides maximum security, maximum 12.58% returns to their customers. The credit rating Agency FAAA CRISIL has rated Mahindra Finance as highest safest one to Deposit. Mahindra and Mahindra Financial Services Limited is one of India’s leading non-banking finance companies. The bank… Read More »
A recent press report said that the Reserve Bank of India’s hike in the interest rates will depend upon the inflation persistence. Dr. Subir Gokran the Deputy Governor Reserve Bank of India told the press that the if central Bank raises the interest rate and it is not the end in itself, if the problem… Read More »
According to a recent press repot, Mr. George Alexander, Managing Director, Muthoot Finance Limited Company has said that the company has recorded growth in profit of about 88 percent in the second quarter. The company has attained a net profit Rs. 215 core during the second quarter September 30, which is Rs. 100 core more… Read More »
Sardar Vallabhbhai Sahakari Bank Limited is a Co-operative Bank that got the License No. DBOD-UBD-GJ-351P from Reserve Bank of India’s on 21/11/1983. The Bank then spread its network with 4 branches in Ahmadabad City and 1 branch at Unjha (Mehsana District). The Bank is providing Safe Deposit Vault (Locker) facility at its Law Garden and Isanpur… Read More »
Sardar Vallabhbhai Sahakari Bank Limited is a Co-operative Bank that got the License No. DBOD-UBD-GJ-351P from Reserve Bank of India’s on 21/11/1983. The Bank then spread its network with 4 branches in Ahmadabad City and 1 branch at Unjha (Mehsana District). The Bank is providing Safe Deposit Vault (Locker) facility at its Law Garden and Isanpur… Read More »