Many times we always get lured by the lucrative discounts and schemes that banks have to offer for opting for a personal or credit card. But very little do we want to analyze whether we actually need such debt traps or not. Sathish walked into a credit counselling Centre with a huge burden of credit… Read More »
For the beginners, a tenure is a period within which a loan amount is to be sanctioned. For the new loaners or even the existing ones, it is a general thought that, when a loan is taken in case of emergencies, then it is better to opt for that loan tenure which provides you with… Read More »
Yes, this is the SMS that has been circulating in this region for quite some time now. If you want to avail any kind of loan, make sure that your phone bills, health insurance bill and any legal document, that is computerised, be paid. “We are yet to use the data from telecom companies as… Read More »
In this sunny season of vacations, shopping and enjoyment, do not plunge into the this trap- “Personal loan“. If you think you do not have the sufficient funds to finance your big purchases, then instead of taking personal loans, there are other better and cheaper ways by which your funds’ issue can be sorted out.… Read More »
Find out the answer to that, before even selecting your dream home. Usually most people scrutinize on the requirements of their dream home. The proximity to the city or other facilities, the type of construction, the vastu! but little do they realize that they are taking their loan application for granted. As a loaner, it… Read More »
Recent reports said that United Bank of India has opened its Bangalore Regional Office at Kempegowda Road, Bangalore. The program was inaugurated by Mr. Bhaskar Sen, Chairman and Managing Director of the bank in the presence of Mr. P.K.Ghosh, General Manager, Shri R.K.Singal, DGM & CRM-Chennai Region and Mr. B.R. Kuntilla, CRM-Bangalore Region of the… Read More »
A recent press report said that the Reserve bank of India has asked the banks to implement 1% interest subsidy on home loans up to Rs.15 lakh as per the budget announcement. The 1% charge will be implemented on home loan up to Rs. 15 lakh where the cost of the house does not go… Read More »
Allahabad Bank recently celebrated its 147th Foundation Day. Mr. Namo Narain Meena Minister of State for Finance stated that the RBI must skillfully manage the situation arising out of monetary tightening and the consequent rise in base lending rates of banks so that the credit growth is not constrained. He added saying that commercial banks… Read More »
Indian Bank has decided to start a full-fledged branch in Hong Kong in order to strike the booming Sino-Indian trade and financial flows. In a press report Mr. T. M. Bhasin, Chairman and Managing Director, Indian Bank said that the bank has decided to approach the Reserve Bank of India (RBI) for regulatory approval. He… Read More »
According to recent press reports Karnataka Bank Ltd, private sector banking institution based in the town of Mangalore in Karnataka has signed an agreement with Bartronics India Ltd in order to boost up the process of providing banking services in remote villages under its financial inclusion plan. The agreement was signed by the Managing Director… Read More »