A recent press report said that International Monetary Fund (IMF) has reported that the Reserve Bank of India’s policy to increase the interest rate is to control inflation is a correct action. The IMF had stated this in its report produced during the Credit Policy Review Meeting. Reports said that in developing countries such as… Read More »
A recent press report said that Corporation Bank has not seen any rise in delinquency, despite the rising interest rate regime. Reports said that on of the bank official has said that the bank has not seen any rise in defaults in the recent time, in spite of the rate hikes by the central bank.… Read More »
A recent press report said that in order to control the mispricing of risks and the lack of transparency in loan pricing, the RBI has planned to set a group to suggest ways to have a transparent and non-discriminatory regime. The RBI has said that there are many chances of risk mispricing and lack of… Read More »
A recent press report said that improved asset quality and loan growth has boosted the net profit of ICICI Bank. The bank has recorded a net profit of 21.6 percent in the second quarter and has broken the market forecast. As per the resulted of the second quarter the bank The has seen an increase… Read More »
A recent press report said that most of the insured were dissatisfied with the settlement of claims of medical insurance. This has made the health insurers to re – look their model of settling the claims. Earlier the Health insurers would outsource their claim settlements to Third Party Administrators (TPAs) in order to save costs… Read More »
The city Co- operative bank is one of the well known banks having almost 8 branches in Mumbai and 2 branches in Thane District. In addition to banking for conveniences of its customers the Bank is also providing insurance and other services. Its loan portfolio includes housing loan, personal loans, educational loans, business loans, mortgage… Read More »
The city Co- operative bank is one of the well known banks having almost 8 branches in Mumbai and 2 branches in Thane District. In addition to banking for conveniences of its customers the Bank is also providing insurance and other services. Its loan portfolio includes housing loan, personal loans, educational loans, business loans, mortgage… Read More »
The city Co- operative bank is one of the well known banks having almost 8 branches in Mumbai and 2 branches in Thane District. In addition to banking for conveniences of its customers the Bank is also providing insurance and other services. Its loan portfolio includes housing loan, personal loans, educational loans, business loans, mortgage… Read More »
According to a recent press report, Government is likely to allow banks’ to raise long term resources for infrastructure financing through issue of development bonds. The Department of Industrial Policy and Promotion (DIPP) in a discussion paper said that banks would be permitted to raise long term resources through issuance of development bonds, for the… Read More »
The city Co- operative bank is one of the well known banks having almost 8 branches in Mumbai and 2 branches in Thane District. In addition to banking for conveniences of its customers the Bank is also providing insurance and other services. Its loan portfolio includes housing loan, personal loans, educational loans, business loans, mortgage… Read More »