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 »
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 »
According to a recent press report, IndusInd bank has raised its deposit rates from 4 percent to 6 percent which is 2 percent more than the previous rate. Reports said that the private sector lender has increased the interest up to 200 basis points, and through this the bank will offer the customers around 6… Read More »
According to a recent press report the net profit of from the Bank of Baroda has gone up by 14.4 % in the second quarter. The net profit of the bank has increased from Rs. 1019 crore to Rs. 1166 crore compared to the previous year results. The net interest income of the bank has… Read More »
A recent press report said the Public sector bank IDBI bank has announced the book closure to repay the bonds of 2011 which is to be matured on December 16. The bank said that the principal amount of the 2011 bone series would be repaid at par on December 16th. The interest on these bonds… Read More »
A recent press report said that the net profit of Tuticorin based Tamil Nadu Mercantile Bank for the second quarter ended September of this fiscal year has been dropped by 1.5 per cent to Rs. 64.74 crore compared to the corresponding period last year. The bank’s board has determined to pay an interim dividend of… Read More »