RUPEETIMES.COM
Money wise guy and his musings
Credit cards have always fascinated Vaibhav, who since his early days in the college have aspired to become a part of this mainstream media. Finding blogging as the perfect platform, Vaibhav puts his views on various personal finance topics especially, the wise use of the plastic. A Delhi University graduate, Vaibhav blogs regularly at rupeetimes.com.
By Vaibhav Aggarwal

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Monday, December 22
385th branch of Andhra bank in Madhura Nagar

Public sector bank – Andhra bank has established its new 358th branch in Madhura Nagar. The bank has established this new ‘ Navshakti branch’ on Saturday.

The bank will serve the customers 24X7 to its customers. This is a fully fledged branch offering technology based services to the customers. Chairman of the bank has reported that bank is planning to add more Navshakti Branches which will offer e-banking, depositing of cash, withdrawal of cash,...

Posted 11:52:26 AM Complete Story | Post Comment | Read Comments(0)

Friday, December 19
Corporation Bank has accomplished its task in opening accounts under PMJDY

It has been reported that corporation bank has speedily accomplished its task of opening the accounts under the PMJDY. The bank has completed the number of accounts assigned to the bank to be opened at several Villages and underprivileged areas.

Last day he bank has completed its part of initiative to provide the savings account across all the households all over the country, especially in the villages and the rural areas. Corporation...

Posted 11:40:52 AM Complete Story | Post Comment | Read Comments(0)

Friday, December 19
SBI tied up with APPL to support small tea workers in Assam

The largest leading institution of the country – State Bank of India has tied up with Amalgamated Plantations Private Limited (APPL). Through this tie up the bank aims to support Small tea growers of the APPL. The bank will assist the tea growers with the credit facility.

It has been reported that there are nearly 31000 small tea growers associated with APPL who work to provide the green tea leaves. Tea sector in Assam...

Posted 11:39:09 AM Complete Story | Post Comment | Read Comments(0)

Thursday, December 18
Syndicate bank assisting the women entrepreneurs

With the desire to help and encourage the women entrepreneurs, the syndicate bank aims to help around 20,000 women entrepreneurs with the loan facility. From the 15th December to 20th December, 2014 Mahila Shakti week is organized under which bank will support all the women employees including self-employed, micro, small and medium enterprises across the country.

Bank reported that under this scheme the bank is offering the loan at the attractive rate of interest...

Posted 11:48:31 AM Complete Story | Post Comment | Read Comments(0)

Thursday, December 18
Thomas cook joined hands with IndusInd bank to roll out a new Holiday savings account
A new holiday savings account has been launched by Thomas Cook India (TCIL) in partnership with the IndusInd bank. With IndusInd Bank the TCIL will offer a new scheme to its customers.

The customers will be required to save in recurring deposit for 1 year with the interest rate of 9.10%. Customers have to pay 12 installments. The last installment, that is, the 13th installment, consist of the interest earned plus a top-up amount paid...

Posted 11:44:26 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, December 17
Axis bank launched first women branch in Patna

Third largest bank of the country – Axis bank has opened a women oriented branch in Patna, Bihar. This is the first all women branch introduced by the bank in the country.

Bank believes that women manage the household and savings very well, therefore they can manage this branch in an efficient way. To enhance the mobile banking for the users the bank has offered “Axis Mobile 2.0’ facility. Keeping the needs...

Posted 11:25:29 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, December 17
New branches of SBI bank to established in Karnataka

The highly networked bank of the country – State bank of India is planning to expand its network in Karnataka. The bank wants to have a network 750 branches in Karnataka by the next fiscal year.

By the end of the current fiscal year bank will add 60 new branches in the state. The bank also wants to avail its banking in the remote parts hence bank will also set up the branches...

Posted 11:23:35 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, December 17
23rd Branch of DCB bank in Gujarat

Recently DCB bank has opened its 145th Branch in Vallabh Vidyanagar in Gujarat. While inaugurating the branch the bank stated the bank is planning to set up another 250 branches across the country in coming 3 years.

The managing director and chief executive officer of the bank stated the bank is planning to expend its banking network by setting up 30-35 new branches every year and a total of 250 new branches to...

Posted 11:19:29 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, December 16
SBI bank to open new branch in Orissa

The highly networked bank of India – State bank of India has decided to set up 42 new branches in Orissa. The bank has plans to set up these branches before the end of this fiscal year. Out of 42, 15 new branches are planned to be established by January itself.

SBI has huge network spread all across the country with 820 branches in the Orissa only. Bank is also keen on expanding its...

Posted 11:34:42 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, December 16
SBI rolling a new Tech learning centre in Dimapur

State bank of India is rolling out ‘Tech learning centre for its customers’. The bank wants to boost and make its customers move towards the use of various banking channels like ATMs, Internet banking, mobile banking etc. With the perspective to achieve the plan, the bank will launch a new’ tech learning centre’ that will guide the customers to use the enhanced way of banking services.

The centre will be launched in Dimapur...

Posted 11:30:51 AM Complete Story | Post Comment | Read Comments(0)

Monday, December 15
6th excellence Banking Award in Kerala

This time the banking excellence awards are held in Kerala. This was the 6th Excellence banking award constituted by State Forum of Bankers’ Clubs (Kerala). Banks with the excellent performance in the different banking fields were awarded with the award including P.S. Mallikarjuna, General Manager, UCO Bank, Mukthar Ahmed, Vice President, Jammu & Kashmir Bank, C.G. Nair, Circle Head Canara Bank, Dhiraj Revi, Senior Executive VP, HDFC Bank, K.Venkitaraman, Managing Director, Karur Vysya Bank,...

Posted 11:22:32 AM Complete Story | Post Comment | Read Comments(0)

Monday, December 15
HDFC bank plans to add branches and technology products in Kerala

Private sector bank – HDFC bank while receiving the new generation bank award for the year 2013-14 announced that bank will increase its network in Kerala. The bank is having 139 branches at present and is planning to make it to 150.

The HDFC Bank holds three per cent of the total bank deposits in the State, and its customer base stands at 10 lakh. The bank has further plans to launch the...

Posted 11:18:25 AM Complete Story | Post Comment | Read Comments(0)

Friday, December 12
A new co branded Card introduced for SMEs by American Express and Jet Airways

American Express the leading Credit Card issuer company has launched a new card in association with the Jet Airways. Jet Airways and American express has rolled out the special corporate card for the SMEs. This card will help the Small and Medium entrepreneurs with the travel and entertainment Expenses.

The card will offer the special rebates that can be redeemed at JP miles and Taj Group of Hotels. This card will be a...

Posted 11:55:23 AM Complete Story | Post Comment | Read Comments(0)

Friday, December 12
Bajaj Allianz will work as the loan protector for the union bank’s Customers

Now the customers of the United Bank of India can enjoy the facility of loan protection. With the intent to provide the loan protection facility to its customers the United bank of India has joined hands with Bajaj Allianz General Insurance Company. The Senior Vice president of the company Mr. Ramchandra Pandit and executive director of the bank Mr. Sanjay Arya had signed the MOU.

2 days back the bank and the company has...

Posted 11:53:59 AM Complete Story | Post Comment | Read Comments(0)

Thursday, December 11
Union bank to hire candidate for various post

Union bank of India is hiring candidates for the various posts. The selected candidates will be placed across the various branches across the country. The complete details of the job vacancies will be soon out on the official website of the bank.

The candidates can check their eligibility online and must submit their applications before the last date. All the work will be through online. The candidate will be selected on the basis of...

Posted 12:03:31 PM Complete Story | Post Comment | Read Comments(0)

Thursday, December 11
IT- enabled post office savings accounts launched today

It has been reported IT- enabled post office savings account will be launched today. Through this the access to the banking services through mobile, internet and ATMs will be made faster.

Under the project, savings bank accounts and other instruments like NSC and KVP have also been digitised and will be available to users. Net banking, RTGS, NEFT services also be provided to the users. Customers would be able to withdraw money anywhere using ATM...

Posted 11:53:49 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, December 10
A report on different Banks won different Banking Awards

Banks are showing excellent performance in different fields of banking sector. A report a shown different banks winning banking excellence award. In Kerala UCO bank, J&K Bank and HDFC bank have won the best Indian banks in the public sector, private sector and the new generation category.

The second best banks are Canara Bank (public sector); Karur Vysya Bank and South Indian Bank (private sector); and ICICI Bank and Yes Bank...

Posted 11:56:21 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, December 9
LVB bank revised its term deposit rates

Following the trend Laxmi Vilas Bank reduced its term deposit rates by 0.10% to 0.25%. The revised rates will be applicable from 10th Dcember,2014. For the period of 180 days the bank has decided to maintain the same rates.

For the period of 181 days to 270 days the bank has dropped down the rate by 0.25%, now the new rate is 8.25%. For the tenure of 271 days to 364 days the bank...

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

Tuesday, December 9
Grand – a special savings scheme for senior customers by Kotak Mahindra Bank

Private sector lending bank – Kotak Mahindra bank has launched a special savings account scheme for the older customers. The bank’s customers of age 55 years and above will get special savings scheme with special offerings and services.

The savings account scheme is named as Grand. This scheme is specifically designed for the older customers while keeping their need in mind. They will be provided with hassle free and priority based banking services. Customers...

Posted 11:29:49 AM Complete Story | Post Comment | Read Comments(0)

Monday, December 8
Sukanaya Samridhi account – Special scheme for girl child

It has been reported that Central govt. has come up with a new deposit scheme for the girl child. A special deposit scheme specifically designed for the girl child – ‘Sukanya Samridhi Account’ has been launched. Through this scheme the savings account for the children girls can be opened in banks and post offices.

After the completion of age of 10 years of the child, the child can herself operate the account. The scheme...

Posted 11:22:39 AM Complete Story | Post Comment | Read Comments(1)

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