A recent press said that Syndicate Bank has entered into a MoU with Karnataka State Public Service Commission (KPSC) to accept application fee across all its branches in the State. The Bank has offered comprehensive C2B (Customer to Business) solution to KPSC, it said in a statement. A person interested in applying for the vacant… Read More »
A recent press report said that the existing and prospective Savings Bank (SB) account customers of State Bank of Hyderabad (SBH) will enjoy a free personal accident insurance cover. Ms. Renu Challu, Managing Director, SBH, told the press that a cover of Rs 1 lakh would be extended to over 60 lakh existing customers and… Read More »
A recent press report said that Indian Overseas Bank has launched premium credit cards, targeting elite customers in association with American Express. Mr. M. Narendra, Chairman and Managing Director of the bank told the press that IOB and American Express would jointly promote the cards that would feature logos of both the companies. He added… Read More »
A recent press report said that India was a profitable market for foreign banks in the last year. Reports said Citibank India has announced a 78 per cent increase in profit after tax to Rs 1,859 crore for 2010-11 from Rs 1,046 crore in 2009-10. Standard Chartered India had reported a profit before tax of… Read More »
A recent press report said that private lender Dhanlaxmi Bank has planned to enter into new segments to boost its non-interest income at a time when rising and falling interest rates makes it difficult to protect margins. The bank has planned to enter into retail gold sales segment and forex cards in FY12 to boost… Read More »
A recent press report said that Deutsche Bank’s India branches has posted a profit after tax of Rs 630 crore for the year ended March 31, 2011, an increase of 41 per cent over the Rs 446 crore in 2009-10 fiscal. According to a press release the total income increased 19 per cent to Rs… Read More »
A recent press release said that Saraswat Bank has tied up with Reliance ADAG under which the Anil Ambani-led group will market a core banking solution developed by the bank’s InfoTech subsidiary. Mr.Eknath Thakur, Chairman, Sarwat Bank told the press that, the bank will sell its core banking software, ‘Swift Core’, to banks using ADAG’s… Read More »
A recent press report said that the state-run Allahabad Bank has planned to achieve a business growth of 24 per cent during the current financial year 2011-12. Mr. J.P Dua, chairman and managing director of the bank said that the bank has projected a business level of around Rs.2, 80,000 crore as in March 2012.… Read More »
Indraprastha Sehkari Bank Limited came into existence on 01.10.1989 with one office in Delhi, with a paid up capital of just Rs. 15, 62,900 and 2666 members because of constant efforts made by Late Shri. Tara Chand, an eminent Co-operator who was also the founder of Delhi Nagrik Sehkari Bank Limited, Delhi. The bank is… Read More »
A recent press said that Syndicate Bank has entered into a MoU with Karnataka State Public Service Commission (KPSC) to accept application fee across all its branches in the State. The Bank has offered comprehensive C2B (Customer to Business) solution to KPSC, it said in a statement. A person interested in applying for the vacant… Read More »