Saturday, April 23, 2011

SBI blinks,withdraws teaser loans

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State Bank of India (SBI) has decided to withdraw one of the most controversial ,yet popular, products in the Indian banking sector in rec...
Friday, April 22, 2011

Cibil makes credit scores available to individuals

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Credit informaton Bureau(India)ltd. (Cibil), the agency gathering data on credit histories of individuals, has now made credit scores avail...
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Monday, March 28, 2011

SBI's self service banking centre

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State Bank of India(SBI) has opened a self-service banking centre in Hyderabad to increase customer convenience and provide 24/7 access to ...

Union Bank opens financial literacy centre

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Union Bank of India ,lead bank of Ernakulam District,has set up its first financial literacy and credit counselling centre( FLCCC) at Perumb...
Thursday, January 20, 2011

Now, ICICI customers can withdraw cash at shops

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ICICI Bank , the country's largest private sector lender, today launched cash withdrawal facility for customers at point of sales(POS) t...
Monday, December 13, 2010

Banks told to cap cash deposit charges at Rs 5

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The Reserve Bank of India( RBI) has told banks not to charge more than Rs 5 for any cash deposit made at a non-home branch (other than the...
Wednesday, November 24, 2010

Banks use 'negative list' gambit to make defaulters pay up

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To recover dues, bankers are trying to put the fear of God into obstinate defaulters to pay up. And how? By making it plain that they could ...