According to a recent press report, HDFC Bank (BCCL) has said that the bank’s net profit has increased to 31.5% more than the Predicted limit. The Bank is constantly maintaining the net interest and asset quality. Reports said that the Bank has always moved ahead of the market’s expectations for the past several quarters and… Read More »
According to a recent press report Mr. R. Chandrasekharan has assumed to take charge as Executive Director of UCO bank. He has a vast experience in the banking sector. Mr. R. Chandrasekharan joined as the Probationary officer in the IOB Bank on October 11, 1976. Later he has worked as a Manager in the rural… Read More »
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 »
According to a recent press report Oriental Bank of Commerce has announced 0.50 per cent concession in the interest rates for this festival season. Reports said that usually the customers would like to get some property during the festival season and the bank has planned to make use of these seasons and introduce new attractive… Read More »
According to a recent press report Bank of India has planned to offer rewards points to its customers who purchase through their Debit Card. Bank of India is known for its relationship beyond banking. The bank which has understood the temper of its customers, who are usually fond of purchase during this festival season, has… Read More »
A recent report said that Housing Development Financial Corporation (HDFC) has posted an increase of 20 per cent in its net profit during the quarter July – September, 2011. The net profit for the second quarter of this fiscal year was Rs.971 crore compared to the net profit of Rs.808 crore for the corresponding period… Read More »
A recent press report said that Allahabad Bank has signed a pact with Aditya Birla Money to provide its customers with online services for investing conveniently in the financial products. Aditya Birla Money which is a subsidiary of Aditya Birla Financial Groups deals with the financial services such as broking, wealth management and retail distribution.… Read More »
A recent press report said that Allahabad Bank which has 146 years of experience in the service of the nation has planned to offer sparkling gifts for this festival season. The bank has planned to offer gold coins to their customers at the reasonable price. The offer is to be made under the name Allahabad… Read More »
According to the recent report from the Press Trust of India, the public sector lender IDBI has planned to launch infrastructure debt fund with the help of various financial institutions and the state owned banks. The Regulatory Body the Reserve Bank of India has to give approval to banks to lauch those products, once the… Read More »
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 »