RUPEETIMES.COM
An Insight into Personal Finance in India
Having a keen interest in Indian personal finance topics especially credit cards, education loans and having a special interest in promoting financial awareness among the people, Ankit Sharma blogs regularly at Rupeetimes.com. A graduate from Mumbai University, Ankit brings the never-say-die, Mumbaikar attitude to his work.
By Ankit Sharma

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Wednesday, February 18
91st Founders day of the Karnataka Bank

Private sector bank – Karnataka bank will celebrating its 91st Founder’s day today. Karnataka Bank is a developing bank with 650 branches spread across the nation. The bank aims to add more branches and have 675 branches by the end of this fiscal year. ISRO former Chairman K. Radhakrishnan would deliver the Founders’ Day address at the bank headquarters at 4.30 p.m. today.

At present the bank is having 827 ATMs and soon bank...

Posted 11:37:42 AM Complete Story | Post Comment | Read Comments(1)

Monday, February 16
Banks on strike from 25th February

Finally the bank have declared to go on a 4 day strike starting from 25th of February, 21015. In order protest against the wage revision the banks are making a 4 day strike. From last two years the bank’s wage revision is pending.

The Indian Banks’ Association (IBA) is currently negotiating with United Forum of Bank Unions. The wage revision offered by the IBS is not acceptable to the banks they want the hike in...

Posted 11:37:51 AM Complete Story | Post Comment | Read Comments(0)

Friday, February 13
Yes bank bagged High performance award 2014.

Young generation Bank – yes bank has bagged an award last day. The bank has received the prestigious AIMA RK Swamy High Performance Brand Award 2014 at the 4th World Marketing Congress held in New Delhi. The bank has been able to deliver the significant returns on its investment in addition to performing well on Consumer Metrics.

At the occasion the CEO and MD of the bank stated that it’s a great moment for...

Posted 12:24:47 PM Complete Story | Post Comment | Read Comments(0)

Friday, February 13
SBT bank postponed the Open House meet

An associate bank of State Bank of India – State bank of Travancore has postponed the ‘Open house’ conducted by the banking. On 15th of every month the bank hosts the open house, this time its Sunday on this date therefore the bank has postponed it.

The open house is conducted to attend the complaints of the customers. It is conducted between 3pm to 5 pm at all the branches of the bank. Head...

Posted 12:23:15 PM Complete Story | Post Comment | Read Comments(0)

Thursday, February 12
Yes bank planning to line up for credit card portfolio

Young Generation Bank – Yes Bank has plans to launch the exclusive credit cards by 2015-16. It has been reported by the bank that the bank is trying to come up with best credit card offerings and is looking forward to tie up with the Master Card.

Further Bank is also looking forward for the credit card offerings with RuPay — a domestic card scheme. YES Bank will also be offering premium credit...

Posted 12:07:43 PM Complete Story | Post Comment | Read Comments(0)

Wednesday, February 11
Pocket banking – new app by ICICI bank

Private sector bank – ICICI bank has rolled out a new digital banking product. Making the banking more enhanced for the customers the bank has launched the facility which will allow the customers to make the transactions through mobile phone without the need of a bank account.

The new product named is ‘Pocket’. The product will offer the entire gamut of facilities that are generally offered by a bank. Pocket is a digital banking...

Posted 11:32:00 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, February 10
SBI organized a blood donation camp

On the completion of the 50 successful years of the Hyderabad circle of the State Bank of India – the bank organized a blood donation camp. Many employees of the bank participated in the camp and various people donated the blood at the camp organized on Monday.

The camp was inaugurated by Assistant General Manager of SMECCC Bhujagasayanayulu. The Indian Red Cross Society assisted the bank in organizing this camp. The banks have...

Posted 11:29:29 AM Complete Story | Post Comment | Read Comments(0)

Monday, February 9
Axis bank organized a Customer treasury meet

A leading private sector bank – Axis bank organized a customer treasury meet recently. The meet was conducted at Hotel Park Plaza, Ludhiana. The importers and exporters of the bank of the Ludhiana market were invited at the meet of the bank.

At the meet various issued regarding the Global Markets, Regulatory Information pertaining to exports and imports. It was further informed that the event was attended by 130 persons from the...

Posted 11:41:14 AM Complete Story | Post Comment | Read Comments(0)

Friday, February 6
Multi currency card launched by Yes Bank

Young Generation Bank – Yes Bank along with the UAE exchange launched a multi currency card lately. The bank has launched this card with the aim to make the money transactions easier for the customers globally. This card will enable the users withdraw money from the ATMs globally.

It will also offer exchange rate lock facility, security and accessibility at minimum time with worldwide acceptance for purchases. It has been reported that with release...

Posted 11:37:37 AM Complete Story | Post Comment | Read Comments(0)

Thursday, February 5
Master card set up hub with two facilities in Pune and Vadodara

Use of the plastic money for making transactions is high on use these days. The leading company of plastic money – Master card has launched a technology hub in India with two facilities in Pune and Vadodara.

With this facility the Master Card aims to expand the business and increase the use of cashless transactions among the people. The hubs are expected to come up with the new facilities that will enhance the cashless transactions...

Posted 11:15:01 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, February 4
Hyderabad Circle of SBI bank completed its golden Jubilee

The Hyderabad circle of the highly networked bank of the country - State bank of India completed its 50 years of its existence. The circle has achieved its golden jubilee with its excellent banking. While entering in to the 51st year of its existence the bank honored all the employees who are associated with the bank from the time of its establishment. The bank started the Hyderabad circle in 1965.

At the...

Posted 11:59:57 AM Complete Story | Post Comment | Read Comments(0)

Friday, January 30
New Credit Card for Football lovers by IndusInd bank

A new credit card is rolled out By IndusInd Bank for the football lovers. The bank in association with the Chelsea Football Club will release a co-branded credit card, designed especially for the football fans.

Bank reported that through this card bank will expand its reach to the huge fan network of the Chelsea club and will offer the customers with the various discounts and offers. The customers would also be entitled...

Posted 12:36:11 PM Complete Story | Post Comment | Read Comments(0)

Thursday, January 29
A Regional Rural Bank Rolled out Junior Rupay Debit ATM cards for students

With the perspective to develop the savings habits among the students, A regional rural bank Pragathi Krishna Gramin Bank has launched Junior Rupay ATM debit cards for the students. The bank has introduced these cards for the children above the age of 10 years.

For the first time a bank has launched such a facility to help the students and inculcate the savings habits among the students. The process to get the card is simple...

Posted 11:53:41 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, January 28
Banks opened 58.37Lacs account successfully under PMJDY in Bengaluru

According to the recent reports banks are successfully opening lacs of savings account under PMJDY. In Bengaluru the Banks have successfully opened 58.37 lakh savings bank accounts. The reports have stated that newly-opened accounts, 36.03 lakh have zero balance while around 22.3 lakh have together Rs 328.93 crore.

General Manager of the Syndicate bank reported that banks conducted a door-to-door survey of 132.04 lakh households across the state, and opened accounts for those...

Posted 12:35:25 PM Complete Story | Post Comment | Read Comments(0)

Tuesday, January 27
SBI with Ezetap launched Chota ATMs in Kerala

The highly networked bank of the country – State Bank of India has unveiled that bank will launch the Chota ATMs in Kerala. In association with the Ezetap- the mobile point-of-sale service provider the bank launched this initiative.

Through these ATMs the kirana store owners, taxi drivers, small business will be able to deal with customers and enable them to turn their mobile phones in to both cash withdrawal point as well as credit/debit payment terminal....

Posted 09:07:33 AM Complete Story | Post Comment | Read Comments(0)

Friday, January 23
SBI bank to pay a compensation of Rs 3lacs to a senior citizen

The Highly Networked Bank of the Country - State Bank of India has been asked to pay a compensation of Rs 3 lakh. It has been reported that the bank has to pay a compensation of Rs 3 lakh to a senior citizen who has gone through an online fraud. The man has lost his lifetime savings of Rs 3.77 lakh to fraudulent ATM.

It has been stated that banks need to have more...

Posted 11:39:38 AM Complete Story | Post Comment | Read Comments(0)

Thursday, January 22
TMB bank spreading its network across the country

Tamilnad Mercantile Bank is planning to expand its banking business. Bank is working to develop its banking network all across the country and make its presence across the country and become a truly national bank in coming next four years.

Major banking network of the bank is in Tamil Nadu only. The bank has further plans to double up its branches by 2020. By 2020bank has aim to have 800 branches spread all across the...

Posted 12:11:24 PM Complete Story | Post Comment | Read Comments(0)

Wednesday, January 21
RBL bank signed MOU with PayUMoney

RBL bank has launched a payment facility for its customers. In association with the PayUMoney the bank has launched a semi-closed co-branded virtual wallet.

The bank has signed MOU with the PayUMoney to launch this facility that will make the payment easy for the customers.

The Virtual wallet will be issued by RBL bank and will be circulated and marketed by the PayUMoney. Customers can use this facility to make...

Posted 11:49:58 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, January 20
Money transfer service through Twitter rolled out by ICICI bank

After the kotak Mahindra Bank ICICI bank has also launched banking on social network. ICICI bank has launched money transfer service on Twitter. The bank has launched the facility for its customers to make the banking more innovative and easy. This facility will enable the customers to transfer money easily through the Social networking site.

The customers can easily register themselves easily with the Onetime password and link their account number. For...

Posted 11:43:25 AM Complete Story | Post Comment | Read Comments(0)

Monday, January 19
J&K bank organized financial literacy camp at Wadwan

With the desire to educate more people and spread the financial literacy, J&K state co-op bank has organized a financial literacy camp at Wadwan. At the camp the bank highlighted the various services and facilities offered by the bank. A good quantity of people attended the camp, mostly were from the Wadwan. The people were also educated about the advantages of banking. Various schemes introduced by the bank were also reported.

The bank also...

Posted 11:36:46 AM Complete Story | Post Comment | Read Comments(0)

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