http://www.rupeetimes.com/news_advice/car_loans Car Loans News & Advice from rupeetimes.com (C) 2007 rupeetimes.com Mon, 01 Dec 2008 10:10:07 +0530 Terrorist attack in the financial capital of the country, Mumbai has left the entire industry in deep shock following which equity, currency, bond and money markets remained closed on Thursday, November 27th.The banks branches that are located in the areas surrounding terror attacks remained closed... http://www.rupeetimes.com/news/car_loans/financial_capital_witnessed_low_customer_and_staff_turnout_1897.html 12345678901897 Fri, 28 Nov 2008 11:00:58 +0530 The largest bank in the country, State Bank of India is all set to start a 24-hour banking service in Lucknow, Uttar Pradesh.Chief General Manager of SBI in a Lucknow branch, Shiv Kumar said, "We will offer round-the-clock banking facilities at a centre that will be set up at the main SBI branch in... http://www.rupeetimes.com/news/car_loans/24hour_banking_service_by_sbi_1892.html 12345678901892 Thu, 27 Nov 2008 11:26:42 +0530 Public sector, Bank of Baroda (BoB) has entered into a Memorandum of Association (MoU) with the leading car dealer, Maruti Suzuki India Ltd (MSIL) whereby the latter would assess the advantages of the bank's car loan to its customers and further help them to apply for it.With this move, the bank pla... http://www.rupeetimes.com/news/car_loans/bob_maruti_suzuki_ink_mou_1886.html 12345678901886 Thu, 27 Nov 2008 11:16:43 +0530 The Reserve Bank of India (RBI) has directed the banks to update the borrowers in advance about all the charges and processing fee charged on a loan. This move comes from the practice of some banks charging heavily to their customers besides the interest rate levied on the loan.On Tuesday RBI declar... http://www.rupeetimes.com/news/car_loans/banks_asked_to_unveil_all_charges_in_loan_application_form_1885.html 12345678901885 Wed, 26 Nov 2008 10:23:03 +0530 With the aim of increasing presence in the country, private lender IndusInd Bank has announced its expansion plans in the coming months. The bank intends to open 30 new branches, set up 50 new off-site automatic teller machines (ATMs) and 6 mobile ATMs.The chief operating officer of the bank, Paul A... http://www.rupeetimes.com/news/car_loans/indusind_bank_to_increase_its_branch_network_1880.html 12345678901880 Tue, 25 Nov 2008 11:07:38 +0530 After easing liquidity by cutting down the key policy rates, RBI governor, D Subbarao decides to meet the chiefs of commercial banks in order to discuss the ongoing scenario in financial market.Chiefs of a few large commercial banks are expected to meet the governor on November 28th in Mumbai. In a... http://www.rupeetimes.com/news/car_loans/rbi_governor_proposes_to_talk_with_commercial_chiefs_1876.html 12345678901876 Mon, 24 Nov 2008 12:18:10 +0530 After a long-time connection with the private sector financers, India's largest passenger car maker, Maruti Suzuki is now persuading the public sector banks to ease the availability of auto finance.The move comes at a time when the auto industry is facing a sales crash due to the reluctance in lendi... http://www.rupeetimes.com/news/car_loans/maruti_suzuki_looks_forward_for_psu_banks_financing_1871.html 12345678901871 Mon, 24 Nov 2008 11:10:00 +0530 India's central bank, Reserve Bank of India has allowed foreign direct investment of up to 49% in credit information companies (CICs). "The Reserve Bank will now consider allowing 49 per cent FDI in companies with an established credit information bureau in a well regulated environment," said RBI.Th... http://www.rupeetimes.com/news/car_loans/rbi_permits_49_fdi_in_credit_information_firms_1868.html 12345678901868 Fri, 21 Nov 2008 10:27:27 +0530 The state government of Orissa has been keen on the employment of youth and has therefore banks with more than 15 branches in the state to open Entrepreneurship Development Institutes (EDIS) in association with the Rural Development and Self Employment Training Institute (RUDSET Institute).As per th... http://www.rupeetimes.com/news/car_loans/orrisa_govt_ask_banks_to_open_entrepreneurship_development_institutes_1864.html 12345678901864 Thu, 20 Nov 2008 11:40:08 +0530 Buying a car through an auto loan may fill you with anxiety, especially when the interest rates are rising. But now there is another factor that will add on to your cause of worry. Private lenders in the country are raising the margin money associated with a car loan. In the past few weeks private b... http://www.rupeetimes.com/news/car_loans/car_buyers_setback_due_to_hike_in_margin_money_1859.html 12345678901859