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

Pages: 1 2 3 4 5
Print    Email    RSS   
Friday, August 29
Over lakhs of savings account opened in the first phase of the PMJDY

Last Day in the first phase of the Prime Minister's Jan Dhan Yojana (PMJDY), several banks have opened more than 11 lakhs savings account in Karnataka. With full energy banks are working in opening the savings accounts to accomplish the aim of PMJDY. On this the executive director of the syndicate bank stated that this is more than they have expected. They were aiming to open 10.25 lakhs accounts but it went...

Posted 12:05:28 PM Complete Story | Post Comment | Read Comments(0)

Friday, August 29
Canara Bank tied up with the SFAC organization to support farmers

To support the farmers the Canara Bank has entered in to a partnership with the Small Farmers’ Agribusiness Consortium (SFAC). Through this partnership the bank will be providing collateral free lending to farmer producer organisations (FPOs).

SFAC is a society that works for the enhancement of the farmers. Along with this society the bank will work for the development of farmers and will extend the loan facility to FPOs. Mr. SS Bhat General Manager,...

Posted 12:03:06 PM Complete Story | Post Comment | Read Comments(0)

Thursday, August 28
Banks to provide 7.5 cr savings accounts covering all the poor sections of the society

To accomplish the task of providing the savings account to all the people in country, banks have planned to organize about 60,000 camps through which they will be opening 7.5 crore basic banking accounts by the mid august next year.

Under the PradhanMantri Jandhan Yojana it is aimed to provide banking to all the rural and poor people across the country. ZUnder this scheme the account holders will be provided with the rupay debit card...

Posted 11:15:36 AM Complete Story | Post Comment | Read Comments(0)

Thursday, August 28
New ATMs to be set up by Indian Post

Within coming few years, Indian Post has planned to set up 1000 new ATM machines. In order to hive off its financial services in to a bank the Postal department will roll out these ATMs. Currently the Indian Post o having 2 ATMs located at Chennai and Delhi.

The Indian post wants to have established ATMs based on the core banking platform and enable the customer to perform the banking transactions at of the...

Posted 11:09:05 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, August 26
New savings account to be opened by IDBI bank

Public sector bank –IDBI Bank has decided to open up more than 2 lakh savings accounts. The govt. has aim to provide the savings account to all the individuals across the country, through this measure the IDBI bank is supporting the plan of the govt.

Under the scheme Pradhan Mantri Jan Dhan Yojana the bank will creating these accounts. Along with the opening of the account the bank will also be offering passbook and...

Posted 11:39:56 AM Complete Story | Post Comment | Read Comments(0)

Monday, August 25
ICICI bank working on increasing banking services

The second largest leading bank of the country – ICICI bank is putting up its best efforts to bring more accounts and make banking reachable in all the parts of the society. As the part of the financial inclusion plan, bank has added ample number of branches, introduced tab banking facility.

The bank is aiming to have 20 million zero basic saving accounts by the end of this year. There are already 18.5 million such accounts...

Posted 08:09:57 AM Complete Story | Post Comment | Read Comments(0)

Monday, August 25
Increase in Limit of PF deposits from Rs 1 lakh to Rs 1.5 lakhs

Recently the apex Bank of India has announced to extend the PPF limit from Rs 1 lakh to Rs 1.5 lakh. In a communication with the banks RBI stated that the limit of deposit under the PF deposit scheme introduced in 1968 will now increase up to Rs 1.5 lakhs.

. The RBI has asked the banks to inform this in their respective branches and inform the customers as well by displaying the information on the...

Posted 07:55:40 AM Complete Story | Post Comment | Read Comments(0)

Friday, August 22
Plastic Notes to be launched by next year : RBI

The apex bank of the country – Reserve bank has decided to come up with the plastic notes by the next year. In order to reduce the problems of fake currency the bank is planning to launch the plastic form of notes.

This will enhance the security and will bring more efficiency in the payment system. From past few years bank is working on this concept and looking forward for other measures as well that...

Posted 11:39:49 AM Complete Story | Post Comment | Read Comments(0)

Friday, August 22
Karnataka Bank tied up with NBHC to help farmers

Private sector banking institution – Karnataka Bank has decided to assist farmers. The bank has tied up with the with National Bulk Handling Corporation Ltd (NBHC) through this they will be offering storage facilities to the farmers, and also financial assistance against warehouse receipts. Meera LB Aranha, General Manager of Karnataka Bank, and Anil K Choudhary, Managing Director of NHBC, signed the MoU in Mangalore.

Last day the bank reported that under its scheme...

Posted 11:28:16 AM Complete Story | Post Comment | Read Comments(0)

Thursday, August 21
Zero balance account of syndicate bank

Public sector Bank – Syndicate Bank has organized a drive to endorse and encourage zero balance accounts. The bank wanted more people to open up such accounts.

The Regional manager KJ prahlad reported that after six months of opening the account customers are also provided with the overdraft facility of Rs 5,000. In addition to this account holders are also provided with the free annual insurance cover worth of Rs 1 lakh.

The...

Posted 11:39:56 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, August 20
IOB bank hiring for various post

Indian overseas bank has invited applications for the post of Economist, Chief Economist, Chartered Accountant and Chief Customer Officer. The selected candidates will be placed at central office in Chennai on the contract basis for 1 year. For the post of Economist the age of the candidate should be below 40 years. The candidate should have completed post graduation in Economics with specialisation in monetary/financial economics or econometrics from a recognised Indian/foreign university/institute and a...

Posted 11:33:13 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, August 20
HDFC bank topped the most valuable brand list

One of the top leading banks of the country – HDCF bank has grabbed the first position with the top most brand value. The first edition of the BrandZ Top 50 Most Valuable Indian Brands reported HDFC bank as the India’s most valuable brand. HDFC bank has even surpassed major telecom company Airtel . HDFC bank acquired the top most position with a brand value of 9.4 billion dollars.

ICICI bank and SBI...

Posted 11:30:17 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, August 19
Now 3 free transactions from non home ATMs will be allowed

From long back the banks are discussing over the issue of reducing the free transactions from non home ATMs. Now it is expected that RBI will reduce the number of free transactions from non home ATMs to 3 per month. Earlier the free transactions allowed were 5 per month.

The transaction made more than 3 will be charged with Rs 20. RBI has also asked the bank to charge the customer for more...

Posted 11:34:27 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, August 19
New ATMs to be launched by Indian post

According to the recent reports the Indian post has decided to launch 8 new ATM machines. The postal savings account holders will now also get the access to the ATM services in Odhisa.

All the post offices across the state will be connected under the core banking project by 2015. In the coming 3-4 months the ATMs will start with their services. At first the ATM services will start in eight head offices including Bhubaneswar,...

Posted 11:30:07 AM Complete Story | Post Comment | Read Comments(0)

Thursday, August 14
Exciting Independence Day offers by the banks

This Independence Day banks have rolled out various cash back offers luring a wide range of customers. Number of leading banks of the country – Axis bank, HDFC bank, State Bank of India joined hand with several famous retailers to offer amusing cash back offers.

The banks have tied up with Lifestyle, ONLY, Pantaloons, Spencer's etc and are offering discounts and cash backs leading to surge in sales for both retailers as well...

Posted 11:35:54 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, August 13
New Corp Excel Branch in Jeppu

Corporation bank has launched its new full furnished Corp excel branch in Jeppu. Last day the bank initiated this new branch offering a gamut of facilities and services. The branch offers 24X7 e-lobby, wide space for the customers to wait comfortably in addition to this the e- lobby will also offer the facility of self-service automation kiosks, cheque deposit machine, Self-service Passbook printer and an ATM.

These new branches are customer friendly, customers can...

Posted 11:17:00 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, August 13
Govt. to provide 2 savings account in each family

To increase and enhance the banking facilities across the country, the Union govt. has launched a Sampoorna Vittiya Samaveshan Mission. As per this program there will be 2 saving accounts in each family of the district. One account for the male and one for the female.

This program will come into action by 27 of this month, the program not only aims to open bank accounts but will also enable the people to access...

Posted 11:10:29 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, August 12
New exclusive branch of SBT bank

One of the associate banks of SBI – State bank of Travancore has launched a special branch for processing direct benefit transfers. This new exclusive branch is set up at Thycaud. It has been reported that through this branch faster transfer of social benefits to the accounts of the beneficiaries of direct benefits will be made.

On Sunday Jawahar Thakur, Controller-General of Accounts, Ministry of Finance, Government of India initiated the branch....

Posted 11:18:06 AM Complete Story | Post Comment | Read Comments(0)

Monday, August 11
Coin exchange Mela organized by ICICI bank

The second largest leading bank of the country – ICICI bank organized a coin exchange Mela last week. The bank organized the Mela at its Ranchodnagar branch in Rajkot. The mela was in complete accordance with the guidelines of the reserve bank of India.

The mela was organized for the general public to exchange the currency notes with the coins, the facility was offered free of cost. The mela also offered the facility...

Posted 11:43:48 AM Complete Story | Post Comment | Read Comments(0)

Monday, August 11
Donations made by SBI as a part of CRS activities

The largest leading bank of the country – State Bank of India is working to help out the disabled students. As a part of the corporate social responsibility the SBI bank recently gave a cheuqe of Rs 12,11,250 to Abhijit Chakrabarti, Vice-Chancellor of Jadavpur University . The bank has purchased three battery operated vehicles that will help the physically handicap students in the campus movement.

Besides banking, banks work and assist in the other...

Posted 11:36:58 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
RBI Dy. Governor rejects the possibility...
Increasing trend of prepaid cards in India
How to increase one’s Home Loan Eligibility
Reverse Mortgage in India: Your property...
Hit by the slowdown? Manage your Credit Card!


NEWS THIS WEEK
IDBI bank tied up with UNICEF to provide hygienic facilities in UP Aug 29, 2014
Over lakhs of savings account opened in the first phase of the PMJDY Aug 29, 2014
Canara Bank tied up with the SFAC organization to support farmers Aug 29, 2014
Sundaram BNP Paribas Home Finance offering the home loans at lower rates Aug 29, 2014
EPFO to maintain the rate at 8.75% Aug 29, 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
RBI to meet bankers following budget...
RBI directs banks to handle cases of...