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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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Thursday, August 28
Canara bank to set up new branches overseas

Public sector Bank – Canara bank is launching its new branches overseas. The chairman of the bank Mr. R.K dubey has reported that the bank has planned to offer its services in Japan, Brazil, Africa and Germany.

In addition to this the bank will add up three new offices at U.K. The bank is already having 2 offices in U.K. one in London and second in Leicester. With a hope of receiving an...

Posted 11:13:50 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, August 26
Your entire loan details on mobile phone – ICICI bank

Largest private sector lending institution – ICICI bank has unveiled two new mobile banking apps. The bank has introduced ‘iloan’ and ‘itrack’ two apps that will enable the customer to access and detect the loan account details.

To make the banking experience more convenient and enhanced for the customers the bank has introduced these two new apps. Through these apps the customer will easily access all his account details, this app will eliminate the...

Posted 11:42:33 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, August 26
HDFC bank to set up new branches in UP

HDFC bank is planning to establish branches in the rural and semi urban parts of UP. The bank wanted to add 65 new branches in the state. At present bank is having total number of 284 branches and with the help of these branches the bank will have 350 branches in the state by the end of this fiscal year.

To make the customer aware and educate regarding the sage banking the bank rolled...

Posted 11:37:34 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, August 26
New banking apps rolled out by Deutsche bank

Deutsche bank has recently launched 2 traditional apps in India. One is the cash manager app that will enable the customer in processing of payments and collections for corporates in India including e-tax payments. This app will also offer the facility to the customer to gain quick visibility into their account balance positions, payment statuses and key reports.

The apps will make the banking more convenient for the customers. Another is the Autobahn...

Posted 11:35:28 AM Complete Story | Post Comment | Read Comments(0)

Monday, August 25
Report on counterfeit notes

Recent reports on counterfeit notes have shown that maximum number of counterfeit notes accounts for Rs 500. 52% of the fake currency is of the 500 denominations, 24% of Rs 100 and 22.5% of the Rs 1000.

On the other hand it is also noticed that the number of counterfeit notes of Rs 500 has decreased while the Rs 100 and Rs 1000 fake notes have increased by 9.8% and 11.8% respectively. The apex has...

Posted 07:59:28 AM Complete Story | Post Comment | Read Comments(0)

Monday, August 25
Canara bank hiring for various position

Public sector bank Canara Bank has invited application for the post Officer- and Clerical-level posts for sportspersons. There are total of posts applicants are required to register before 8th of September, 2014.

For the post of clerk the candidate needs to be in the age group of 20 to 28 years and for the post of officers the candidate must be in the age group of 21 to 30 years. Further the candidate must hold a...

Posted 07:49:19 AM Complete Story | Post Comment | Read Comments(0)

Friday, August 22
Mobile banking facility can be accessed all the mobile handsets from 28th August onwards

To extend the banking services and make them reachable on a wider scale the banks have decided to launch a mobile banking platform on basic phones. By the 28th August the banks will launch this facility. This measure is the part of the financial inclusion.

Through this mobile banking will be introduced on the cheapest handsets as well. With the help of this the banks are trying to reduce the dependencies of the customers...

Posted 11:32:46 AM Complete Story | Post Comment | Read Comments(0)

Thursday, August 21
New Branch of HDFC bank in unprivileged part of Maharashtra

The third largest leading bank of country – HDFC bank has reached a new achievement. Bank has opened its 400 branch in Maharashtra. This is a two member branch. Two members are available to provide customers an array of services.

The bank has launched this new mini branch in an unbanked area of Lonkhairi in the Kamptee taluka of Nagpur district of the state. This branch will be serving around 350 families in...

Posted 11:46:38 AM Complete Story | Post Comment | Read Comments(0)

Thursday, August 21
IDBI bank donated Rs 9 cr as a part of CSR responsibility

As part of corporate social responsibility IDBI bank donated Rs 9 crore to provide the proper sanitation facilities to the children of the school in semi rural and urban areas. As per the CSR responsibilities the bank is contributing towards the social development of the country. This amount will be used to develop proper 300 gender-segregated toilets in schools close to the bank’s branches in rural and semi-urban areas. In order to enhance the...

Posted 11:35:27 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, August 20
Opportunity for the Candidates looking to work with the central bank of India

Public sector bank – Central bank of India is recruiting for the post of Faculty and Office Assistant. Initially the selected candidates will be placed on a contract basis for a period of one year. For the post of Faculty candidate needs to have the age less than 65 years. Candidates should have a postgraduate degree such as MSW/MA in Rural Development/MA in Sociology/Psychology/BSc (Agri.)/BA with B.Ed and have knowledge of teaching with computer...

Posted 11:25:49 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, August 19
Pre recruitment training session by KVG bank

A regional rural – based bank Karnataka Vikas Grameen Bank in association with the Syndicate bank has organized pre- recruitment training session. The bank will be hiring the new staff on the basis of Institute of Banking Personnel Selection.

This training session will help the candidates to gain some knowledge regarding the IBPs exam pattern. From august 21 onwards the bank will organize, this training session for three days. All the candidates belonging to...

Posted 11:38:26 AM Complete Story | Post Comment | Read Comments(1)

Thursday, August 14
BMB bank bagged the core banking system award

Last month the only female oriented bank of the country – Bhartiya Mahila Bank has achieved a new milestone. The bank bagged the Core Banking System Initiative Award for the year 2014 at the Asian Banking and Finance - Retail Banking Awards 2014.

This was the pride moment for the bank, at singpore the bank was awarded with this prize. Within a short period of its establishment the bank has shown an excellent performance....

Posted 11:27:05 AM Complete Story | Post Comment | Read Comments(0)

Thursday, August 14
KVG bank signed MOU with Deshpande Foundation

A regional rural Bank Karnataka Vikas Gramin Bank has taken up the initiative to improve the income level of the farmers in the rural areas. The bank has tied up with Deshpande Foundation and will be assisting the farm and non- farm based entrepreneurs.

Chairman of the bank reported that the main focus will be the self-help groups and micro entrepreneurs. The bank will offer the training sessions and finance assistance to prospective micro...

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

Wednesday, August 13
SBI rolled out Hindi Version of State Bank anywhere mobile app

Yesterday SBI bank has launched Hindi version of its mobile application ‘State bank anywhere’ for its customers. After receiving a pleasing response from the English version of this app, the bank decided to launch it in Hindi as well.

The bank had launched the English version in March 2014, since March the app has been downloaded by millions of customers. With the help of this app the user can enquire regarding its account...

Posted 11:27:28 AM Complete Story | Post Comment | Read Comments(0)

Wednesday, August 13
The common written banking Exam to be held in December

It has been reported that the exam conducted by IBPS for the recruitment of clerks in Public sector bank will be held in December this year. All candidates looking forward to work with the banks can register for this exam from now onwards, the registration will remain open till 1st September, 2014.

The examination is expected to be held in between Dec 6 to Dec 27, 2014. The selected candidate in line with the...

Posted 11:12:57 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, August 12
New deposit scheme – Sapthami : SBT bank

Last week the State bank of Travancore has launched a new deposit scheme for its customers. The new scheme launched is named – 700 day ‘ Sapthami’ . The interest rate charged in this scheme will be 9.15% for all the customers.

For the senior citizens the scheme will offer exclusive rate of 9.45%. The minimum amount required is Rs 10,000. Further the bank has also revised the rates on deposits made for the...

Posted 11:37:06 AM Complete Story | Post Comment | Read Comments(0)

Tuesday, August 12
New facility rolled out by Karnataka Bank to make donations

For the first time private sector bank Karnataka Bank has unveiled a new facility to send donations to designated temples. The bank has come up with a unique facility that will assist the people in making donations to the temples and trusts which are registered with the bank.

Just by calling up the toll free numbers from the registered mobile number the donations will be made. The customer has to select the temple and...

Posted 11:25:05 AM Complete Story | Post Comment | Read Comments(0)

Monday, August 11
Five days left to grab the facility to work with canara Bank

Public Sector bank – Canara bank is seeking candidates for the post of Chief Information Technology Officer on contract basis. The contract will be of three years, and the candidates can be placed over any of the 5100 branches across the country.

In order to apply the candidate need to satisfy the eligibility conditions. Firstly the age limit for the position of Chief Information Technology Officer is 55 years old. Secondly the Candidates must...

Posted 11:32:47 AM Complete Story | Post Comment | Read Comments(0)

Monday, August 11
Set of products launched by TATA AIG

Private health Insurance company TATA AIG health insurance has rolled out three new health insurance products. The company has launched the set of products with unique features offering various facilities to the customers. The set comprises of three products - MediPlus, MediSenior and MediRaksha.

Media plus is a basic and affordable policy, Media senior is specially designed for the senior citizens and Medi raksha is a plan for the rural and economically backward people....

Posted 11:29:57 AM Complete Story | Post Comment | Read Comments(0)

Thursday, August 7
Specialist Advisers vacancy in RBI

The apex bank of the country is inviting applications for the post of Specialist Adviser in grade F. The interested candidates can apply before 14th August, 14.

In order to apply candidate need to have a first class postgraduate degree in Economics with at least 60 per cent aggregate marks. Also, candidates should possess a PhD degree in Economics. Further the candidate must be in the age group of 35 to 50 years.

To...

Posted 11:23:25 AM Complete Story | Post Comment | Read Comments(0)

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