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Retail Loans in India: Facts and Reviews
Though, relatively new to blogging, Neelima was quick to find out the powers of the online medium to spread her expertise on retail loans in India. A graduate in journalism, Neelima keeps track of the latest developments in retail loans in India on her blog on rupeetimes.com.
By Neelima Shankar

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Wednesday, October 1
SBI might plan to make work place and working hours more flexible

The highly networked lending institution of the country State bank of India might offer flexible working hours for the women working staff. Bank has recently launched the facility of digital banking, for its customers that will allow the customers to open their account immediately hassle free.

Bank has made banking much easier for the customers. In addition to the customers bank ensures that proper facilities are provided to the staff as well. Few months back bank...

Posted 09:50:53 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, October 1
RBI asked banks to make KYC process simpler for customers

The reserve bank of India announced that while seeing the problems faced by the customers while filling up the KYC form to open the saings account, the apex bank has decided to make it easier.

It has stated that now banks will not ask the customers to be phyiscally present over there or will not ask the customers for the fresh identity proof in case of the no change in status for the low risk...

Posted 09:48:02 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, September 30
SBI bank branches resume their working in J&K

Banks are working persistently with the aim to help the fold affected people in Jammu & Kashmir. After J&K now the leading bank of the country State Bank of India has made it several branches operational in the state.

The state is severely affected due to the flood. SBI bank has made 63 of its branches to resume their working. Apart from this bank has also made 132 ATMs operational. Some branches of the...

Posted 11:45:39 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, September 30
SBI extended the registration date for PO post for the J&K affected people

The State Bank of India has decided to extend the date for the people in J&K state to apply for the post of the PO. Though the registrations for applying were closed on 16th September,2014. Bank has extended the date till Oct 4, 2014 for the flood affected people in J&K. There are 6 centres where written examination will be conducted in J&K.

The candidates can apply online for the Post. Payment of...

Posted 11:37:40 AM Complete Story | Post Comment | Read Comments(0)

Monday, September 29
Corporation Bank joined Swachh Bharat Abhiyan

To make the country clean, Corporation Bank has joined the Swachh Bharat Abhiyan. Under this bank has will be constructing 100 toilets across the various schools as the part of swachh Vidyalaya.

Last the bank initiated this campaign by building 5 toilets in the Udipi region. The bank will further carry out this campaign across the other parts of the country. Employee in large number participated in this campaign while cleaning...

Posted 11:03:59 AM Complete Story | Post Comment | Read Comments(0)

Monday, September 29
Banks may go on strike this October

United forum of Bank Union has decided to continue their protest against the salary revision in again. The Indian banks will be conducting protest demonstration across the country on 17th October, 2014.

The employees will wear black badges to demonstrate the protest. Further one day dharna will also be held in between October 18 and 31. Though the date has not been decided but the bank will go on one day country wide strike.

...

Posted 10:59:58 AM Complete Story | Post Comment | Read Comments(0)

Friday, September 26
SBI donated computers to schools in Gujarat

One of the operational branches of State bank of India in Ahmadabad circle planned to help the students of the school. The bank distributed computer sets and peripherals to 150 needy schools in Gujarat.

In addition to the banking, SBI is aiming to help the students in their education. The initiative is purposely to help the schools with infrastructure, which are in need and are not able to acquire due to insufficient funds....

Posted 11:37:52 AM Complete Story | Post Comment | Read Comments(0)

Friday, September 26
RBI to set up more financial literacy centres in the country

In order to enhance and increase the financial literacy among the people the apex bank has decided to push and focus on opening of more number of financial literacy centers. In every district across the country there should be one financial centre. This will be the part of financial inclusion plan.

Financial literacy will imparted to the people through these centres. The farmers will e taught about skill development along with the financial benefits. These centers...

Posted 11:27:29 AM Complete Story | Post Comment | Read Comments(0)

Thursday, September 25
South Indian Bank inviting application for the post of Probationary Clerk

South Indian bank, Ahmedabad, Gujarat has invited applications for the post of probationary Clerks. There are total numbers of five posts. The bank has asked the interested candidates to apply before 13th October 2014 for offline candidates and candidates applying online should apply before 4th October, 2014.

Applicants will be required to pay a fee of Rs 400 in favor of the bank. In order to apply candidate must have passed graduation from a...

Posted 11:29:43 AM Complete Story | Post Comment | Read Comments(0)

Thursday, September 25
Federal Bank to help KCA is sales of ticket for ODI series

Federal Bank has decided to help Kerala Cricket Association (KCA) for the India west Indies ODI. It has been reported that Federal bank has signed up a MOU with KCA.

The bank will be assisting KCA in sales of the ticket for this series. The customers can avail the tickets pricing Rs Rs 3000, Rs 1500, Rs 1000, Rs 500 and Rs 200 from the several federal Bank outlets from September 27, 2014 onwards....

Posted 11:26:16 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, September 24
Toll free number help by HDFC bank in J&K

To support and assist the people in flood affected state Jammu & Kashmir, HDFC bank has launched a toll free number for its customers there. For getting the details related to transactions, Balance the customer can dial the number Toll Free: 1800221819.

Bank is having total of 69 branches in the state. Out of which 37 branches are in the Kashmir region. 32 branches have resumed their working in the state. HDFC Bank is...

Posted 11:21:28 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, September 23
PNB signed MOU with HSNI

Punjab National Bank has recently signed an agreement to work with Honda Motorcycle and Scooter India (HMSI). In order to offer better retail finance options to its customers bank has decided to work with HSMI.

Through this partnership bank will be offering more attractive offers on Honda two wheelers purchase. Foe the auto loan bank will be offering attractive interest rate along with the amount stands at 90 per cent of two wheeler...

Posted 11:20:42 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, September 23
New mid corporate branches to set up by Syndicate bank

It has been reported that Syndicate bank is opening 50 new mid corporate branches by the end of this fiscal year. While inaugurating a new mid corporate branch bank stated that, these corporate branches will cater to credit requirements of Rs 5 crore and above.

Bank has already established 17 such branches in the country and by is planning to open 35 more branches by the end of December. These mid corporate branches will...

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

Monday, September 22
SBI to offer credit card along with education loan

Highly networked bank of the country – State Bank of India has recently reported that the bank will now be offering an exclusive facility of the credit card to the students along with the education loan. The bank stated that, this card will help the students to pay the loan on time and avoid being the defaulters.

Bank is having lots of Non-performing assets (NPA) in education loan, so to control them bank has...

Posted 11:40:26 AM Complete Story | Post Comment | Read Comments(0)

Monday, September 22
EPFO to launch UAN facility by 16th October, 2014.

It has been reported that EPFOs plan to provide universal PF account number (UAN) to its customers will be launched on 16th October, 2014. The UAN will assist the subscribers to track the latest details of their accounts along with the downloading facility and collation of pensionable service.

This UAN will abolish the need for the customers to apply again in case they change their job. Their account number will be universally acceptable and...

Posted 11:36:47 AM Complete Story | Post Comment | Read Comments(0)

Monday, September 22
Oriental Insurance Company celebrated its Foundation day

Lately Oriental Insurance Company has celebrated its foundation day. With clients brokers and employees the company celebrated the foundation at Mumbai Regional office 2.

At the occasion a meeting was organized where the general manager of the company along with the M Johnson, DGM and Regional Head of M.R.O. 2 delivered inaugural Address. On the eve of the occasion the company has also organized donation camp and customer orientation program. ...

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

Friday, September 19
Few days left for applying in United bank of India

It has been reported that the last date for applying for the post of Dealer and Equity Research Analyst at united bank of India is 23rd September. Interested and eligible candidates need to apply before this.

There are total numbers of 11 vacancies. In order to apply for the post of dealer candidate needs to be minimum 21 years and maximum 38 years of age. For the post of Research Analyst Candidate should...

Posted 11:25:34 AM Complete Story | Post Comment | Read Comments(0)

Thursday, September 18
A new portal- e-integration in bancassurance launched by Canara HSBC oriental Bank of commerce

On Wednesday Private insurance Company- Canara HSBC Oriental Bank of Commerce Life Insurance propelled CHOICeNET portal. This portal is the part of banassurance. Through this portal the bank employees will provide the information for their user life insurance policies.

This new portal launched by the company is embedded with the partner banks' intranet. Through this the insurance company will easily check the information of insurance policy details and will also enable them to track...

Posted 11:34:31 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, September 17
Allahabad Bank bags award

On 14th september 2014, a function was organised at Rashtrapati Bhawan were different banks were awarded for thier well performances. Allahabad Bank was awarded with second prize in “region ‘C’” banks for the year 2012-13.

It has been reported that the Chairman and managing director of the bank was awarded with the shiled by the prseident Mr. Pranab mukherhjee. Under the Indira Gandhi Rajbhasha Shield Scheme of Department of Official Language, Ministry of Home Affairs the...

Posted 10:39:57 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, September 17
OBC bank's employees to contibute for the victims of J&K

To support the victims of flood in Jammu & Kashmir the employees of Oriental Bank of Commerce have decided to help them. The staff has planned to donate thier one day salary for the people effected over there.

Apart from banking banks also work for the social well being of the society. it has benn reported that there are total number of 20,157 employees who contiduting their one day salary to Prime Minister's National Relief...

Posted 10:36:19 AM Complete Story | Post Comment | Read Comments(0)

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