http://www.rupeetimes.com/news_advice News from rupeetimes.com (C) 2007 rupeetimes.com Thu, 09 Feb 2012 12:33:11 +0530 The Foreign Currency Non-Resident (Bank) deposit rates have been revised by Vijaya Bank. The revisions have been made across various maturity periods and for various currencies.The deposit rates for a maturity period of one year to less than two years is now 3.14% for Pounds, 2.35% for Dollars, 2.98... http://www.rupeetimes.com/news/fixed_deposits/fcnr_b_deposit_rates_revised_by_vijaya_bank_6248.html 12345678906248 Thu, 09 Feb 2012 12:13:48 +0530 Public sector lender, Central Bank of India has announced to open 17 new branches in Jharkhand. Installation of 40 ATMs will also follow with the opening of bank's branches in the state. This would increase the penetration of the bank in the state.About interest rate hike, the Chairman and Managing... http://www.rupeetimes.com/news/home_loans/central_bank_of_india_to_expand_its_branch_network_in_jharkhand_6247.html 12345678906247 Thu, 09 Feb 2012 12:11:22 +0530 The Reserve Bank of India has agreed to the proposal of the banks' to allow third party to set up ATM networks. At present the ATMs have to be owned and braded by the banks. Once the proposal is implemented, a third party will create and operate the ATM network.The banks would then just need to be a... http://www.rupeetimes.com/news/credit_cards/rbi_accedes_with_banks_on_third_party_atms_6246.html 12345678906246 Thu, 09 Feb 2012 11:38:26 +0530 All-India Bank Employees Association (AIBEA) has declared to observe a strike on 28th of February. The strike is to report discord on the recommendations of Khandelwal committee. The association claims to have around five lac members.The General Secretary of AIBEA, Mr. C.H. Venkatachalam said, "We a... http://www.rupeetimes.com/news/personal_loan/bank_staff_to_observe_strike_6245.html 12345678906245 Thu, 09 Feb 2012 11:36:04 +0530 Following the footsteps of the leading banks like State Bank of India and ICICI Bank, Punjab and Sind Bank has also announced to withdraw prepayment penalty on home loans. The development is applicable with immediate effect.The Chairman and Managing Director of the bank, Mr. D. P. Singh said, "The... http://www.rupeetimes.com/news/home_loans/prepayment_penalty_on_home_loans_withdrawn_by_punjab_and_sind_bank_6244.html 12345678906244 Thu, 09 Feb 2012 11:31:35 +0530 The public charitable trust, Fedbank Hormis Memorial Foundation has invited applications for scholarships for the year 2011-12. The trust is operated by Federal Bank and was established in the memory of the founder of the bank Mr. K. P. Hormis.The scholarship is awarded to the Indian students studyi... http://www.rupeetimes.com/news/education_loans/federal_bank_invites_applications_for_scholarship_programme_6243.html 12345678906243 Wed, 08 Feb 2012 12:36:31 +0530 In a bid to locate the customers whose deposits are lying unclaimed at the banks, RBI has issued several instructions for the lenders. The banks have been asked to put the details of such accounts on their websites. The list would contain only the name and address of such account holders. In a circ... http://www.rupeetimes.com/news/fixed_deposits/rbi_instruct_banks_to_display_details_of_unclaimed_deposits_on_their_websites_6242.html 12345678906242 Wed, 08 Feb 2012 12:11:36 +0530 National Bank for Agriculture and Rural Development (NABARD) will assist four district central cooperative banks in Karnataka to adopt Core Banking Services (CBS). The banks situated in Kodagu, Kanara, Chikmagalur and Bijapur districts have inked an agreement with Tata Consultancy Services (TCS).The... http://www.rupeetimes.com/news/personal_loan/cbs_to_be_introduced_by_nabard_at_district_coop_banks_in_karnataka_6241.html 12345678906241 Wed, 08 Feb 2012 12:10:04 +0530 To meet the requirement of trained banking officials, Axis Bank and Manipal Global Education Services have launched ‘Young Bankers' Programme. It consists of 9 months campus training followed by a 3 month internship with the bank.After the successful completion of the programme, the candidate... http://www.rupeetimes.com/news/education_loans/young_bankers_programme_to_provide_trained_officers_to_axis_bank_6240.html 12345678906240 Wed, 08 Feb 2012 11:24:28 +0530 Rapidly growing private sector lender, YES Bank has entered in to an agreement with Buldana Urban Cooperative Credit Society. The consortium will extend door step para-banking services to the customers. The facility which is known as Nano Teller enables a customer to deposit or withdraw amount upto... http://www.rupeetimes.com/news/fixed_deposits/doorstep_banking_facility_launched_by_yes_bank_6239.html 12345678906239