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

Pages: 1 2 3 4 5
Print    Email    RSS   
Friday, December 19
PMJDY event organized by Viajaya Bank at Pollachi

Promoting the Pradhan Mantri Jan Dhan Yojana launched by Prime Minister this Independence Day, Vijaya Bank organized an event at Pollachi. At this PMJDY event the executive director of the bank Mr. shenoy distributed the Rupay debit cards and passbooks to customers opening account under the scheme.

It was noticed that nearly 200 beneficiaries attended the program and along with it a lot many people from the surrounding areas also attended the event. The event...

Posted 11:37:32 AM Complete Story | Post Comment | Read Comments(0)

Thursday, December 18
IDBI bank to double up the number of banking branches

Private sector bank – IDBI bank is planning to roll out credit card soon. The bank will launch its credit card in association with the Visa, followed by MasterCard. Till now the bank was more focused on the Retail portfolio rather than the credit card business. Bank also reported that IDBI Bank has the lowest share of CASA among public sector banks.

Now bank has planned to initiate with the credit card....

Posted 11:50:02 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, December 17
Free fly to Singapore a new scheme by Axis bank

Axis bank in association with the Singapore’s no-frill airline Tigerair, has announced a special offer for its credit and debit card user. The bank has announced that ‘Fly out to Singapore for free on round trip’ for customer who will book their tickets from December 17, 2014 till 4th January 2015.

The bank has stated that for the customers who have plans to fly Singapore will only have to pay for their return ticket,...

Posted 11:31:06 AM Complete Story | Post Comment | Read Comments(0)

Monday, December 15
ICICI bank introduced new Coral American express credit card

Largest lending institute of the country – ICICI bank has rolled out a new credit card for its customer. In order to provide the facility of carrying forward the retail purchase balances in first two billing statements to the third statement the bank has introduced Coral American express credit card. The card will be offering a very useful facility to the customers of the extended credit.

The customers will be able to carry...

Posted 11:36:15 AM Complete Story | Post Comment | Read Comments(1)

Friday, December 12
Drop down in the ATM transactions

According to the reports it has been noticed that ATM transactions in the previous month has dropped down. The transactions have went down by 9% from 26.8 crore in October 2014 to 24.4 crore in November.

Few months back the RBI has announced to restrict the free ATM transactions. The reports showed that along with higher withdrawals during October-end on account of Diwali, has resulted in lower ATM transactions during November. Axis Bank has 14...

Posted 11:45:13 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, December 9
ICICI bank limited free ATM transactions to 5 a month

ICICI bank customers will now be charged after 5 free transactions from the ATM. ICICI bank announced that bank will now limit the free transactions up to 5 a month. After five transactions the bank will charge a fee of Rs 20.

This will be applicable from the coming year January 1, 2015. The free transactions at the bank’s own ATM will 3(in metros) and 5 in non metro Cities. As per...

Posted 11:38:30 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, December 9
Banks will now alert you before clearing heavy amount cheques

With the intent to control the frauds associated with Cheques the Apex bank has asked the banks to alert the customers through the SMS before clearing the cheque. Before clearing a cheque of heavy amount (Rs 10 lakh or above) the bank will send an alert to the customer through a phone call or SMS and will confirm regarding the clearing of the cheque.

In case of the non home branch ban will...

Posted 11:17:22 AM Complete Story | Post Comment | Read Comments(0)

Friday, December 5
Vidya Suraksha- insurance scheme for students by federal Bank

Private sector lending Institute – Federal Bank has joined hands with kotak Life Insurance. In association with the Kotak Life insurance the bank will launch an insurance scheme for the students.

The scheme named Vidya Suraksha is specially designed for the students. This new scheme will offer life cover to the students who have taken student loan. In addition to this, the scheme is very useful for the students with the facility...

Posted 11:08:36 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, December 3
Prizm established new white label ATMs in Kerala

Recently the Prizm payments in association with the muthoot Fincorp has launched white label ATMs in Kerala. Prizm has established two white label ATMs in Kerala, one at Kesavadasapuram and the other at Kakkanad, Kochi.

Prizm has already established 1200 ATMs across the country and is in plan to come up with 9000 more ATMs. In association with the Muthoot Corp the Prizm will set up 500 new ATMs. The ATMs the...

Posted 11:31:25 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, December 2
Corporation Bank customers can have unlimited free transactions from the bank’s ATM

Public sector bank – corporation bank announced that bank will put no cap on free transactions from ATM. The bank will allow unlimited free transactions from ATM to its customers. However as per the instructions by the apex bank - Reserve bank of India has allowed the banks to charge the customers after five transactions from ATM of the own bank.

Banks have the option to provide the number of free transactions to...

Posted 11:54:53 AM Complete Story | Post Comment | Read Comments(0)

Friday, November 28
IndusInd Bank won CSR advocates in Asia Awards.

Recently New generation Bank IndusInd Bank won the award. The bank has been recognized as successful institution in Asia. The bank has been awarded for being a successful company in leadership and corporate social responsibility. The bank won the CSR advocates in Asia award for its power management policies including the use of solar at ATMs. This has been a great achievement for the bank. The awards...

Posted 07:38:47 AM Complete Story | Post Comment | Read Comments(0)

Thursday, November 27
Banks to introduce the contactless payment cards soon

Banks are planning to come with the contactless card soon. The leading banks of the country Kotak Mahindra, ICICI and Axis bank will launch the contactless cards soon. The contactless card are the new mode of payment will eliminate the need of swiping the card.

ICICI bank will be the first one to introduce the contactless card by the next month. The bank will introduce the card in Gurgaon, Mumbai, Hyderabad and Bangalore. Cardholders...

Posted 11:42:28 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, November 25
Banks opening new savings account under PMJDY speedily

According to the recent reports the banks are working hard to make the PMJDY a success and make every household to have a savings account by next year. As per the reports till 19th November banks have successfully opened 7.73 crore new savings account under PMJDY scheme.

Banks are coming up several measures for this scheme. Recently Corporation Bank has organized a special camp for this scheme. The Chairman and managing director of the...

Posted 11:32:28 AM Complete Story | Post Comment | Read Comments(0)

Monday, November 24
UCO bank introducing services to make banking convenient

State owned bank- UCO bank announced that bank is aiming to launch 50 new e-lobbies. The bank wants to add 50 new e-lobbies to its existing network. The lobbies will add comfort in banking for the customers.

The customers will be able to withdraw and deposit cash, get their passbook printed and other such banking works easily. The bank is installing new 500 self passbook printing machines at the bank branches. Apart from this...

Posted 11:45:40 AM Complete Story | Post Comment | Read Comments(0)

Thursday, November 20
Banks to launch the contactless cards soon

It has been reported that banks will launch the contactless cards soon. The contactless card will make the transactions in one tenth of time originally taken in making electronic payments. ICICI bank has announced that bank will soon launch contactless credit and debit cards.

The bank also informed that these cards will bring a significant change in payment system and in addition to this will also increase the standard of security. The bank has launched...

Posted 11:38:17 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, November 18
SBH bank rolled out e-connect facility

Last day State Bank of Hyderabad has launched its e-connect service at Rajiv Gandhi International Airport. Managing director of the bank stated that this e-connect is an innovative measure its like a branch away branch. This technology will help the customers in banking.

Customers can access the ATM for their cash needs, can operate the self service kiosk and even use the SBH’s internet banking facility. SBH aims to set up such new e-connections...

Posted 11:19:15 AM Complete Story | Post Comment | Read Comments(0)

Monday, November 17
Report on Deposit and credit growth of the banks

According to data of the Reserve bank of India the bank deposits have doubled up this time. The records show that Bank deposits grew in double digits at 12.3 per cent to touch Rs 81.14 lakh crore. Last the bank deposits stood at 11.5%

The reports have also stated that the credit grew at 9.4 per cent to Rs 61.57 lakh crore during the July-September quarter of 2014-15 and for the previous year the credit...

Posted 11:38:42 AM Complete Story | Post Comment | Read Comments(0)

Friday, November 14
New co branded credit card rolled out by American express

A highly populated credit card company American express has recently rolled out a new credit card in association with makemytrip. Stating the features of this co-branded card American express informed that The new card is loaded with freebies including a Rs 9,000 welcome voucher and also a 2.5 per cent fuel surcharge waiver at HPCL outlets. In addition to this card will facilitate the customers to make the payments easily with installments facility along...

Posted 11:32:01 AM Complete Story | Post Comment | Read Comments(0)

Friday, November 14
SBH bank to add more branches in AP

An associate bank of State bank of India- State bank of Hyderabad is looking forward to expand its network in Andhra Pradesh. The Managing director Mr. Santanu Mukherjee stated that bank will cross the mark of 400 branches by the end of the fiscal year. Currently bank is having 386 branches in the state.

Overall the bank has a huge network of 710 branches in Telangana and 1,751 all over the country. Yesterday...

Posted 11:30:02 AM Complete Story | Post Comment | Read Comments(0)

Thursday, November 13
Banking strike hampered many operations across the country

Last the banks were not operational for the entire. Protesting against the wage revision banks were on strike for the day. Reports have shown that the due the banking strikes. Much of the business in the country was hit.

The strike was carried out in the some 75,000 branches of 27 state-run banks. The strike took place across the several branches all across the country. On the day clearance of nearly 10 million cheques was...

Posted 11:42:11 AM Complete Story | Post Comment | Read Comments(0)

Pages: 1 2 3 4 5
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Some Quick Facts about Wealth Tax in India!
Make more out of your credit card with...
How to Manage Multiple Credit Cards?
Home loans: a route to home sweet home
Personal loan EMI calculator from RupeeTimes


NEWS THIS WEEK
Yes bank bagged Business Innovator award Dec 19, 2014
Corporation Bank has accomplished its task in opening accounts under PMJDY Dec 19, 2014
SBI tied up with APPL to support small tea workers in Assam Dec 19, 2014
PMJDY event organized by Viajaya Bank at Pollachi Dec 19, 2014
Kotak Mahindra bank to set up a wholly owned non-life insurance company Dec 19, 2014
News Archive

EXPERT'S COLUMNS
Money wise guy and his musings
 Banks reluctant to disclose defaulter’s names

EXPERT'S ADVICE
Wizard Home Loans
SBI takes fin inclusion across 900 AP...
HDFC Bank projects 25% growth in loan book...