http://www.rupeetimes.com/news_advice/personal_loan Personal Loan News & Advice from rupeetimes.com (C) 2007 rupeetimes.com Mon, 01 Dec 2008 09:35:19 +0530 The havoc in Mumbai city compelled state-run, Andhra Bank to cancel its board meeting that was proposed to take place on November 27th at the Oberoi Hotel in Nariman Point.Chairman and Managing Director of the bank, RS Reddy, who was coming to Mumbai from Hyderabad, to attend the meting cancelled hi... http://www.rupeetimes.com/news/personal_loan/andhra_bank_board_meeting_cancelled_due_to_terrorist_attack_1895.html 12345678901895 Fri, 28 Nov 2008 10:45:29 +0530 Leading Asian Bank, DBS Bank has appointed the new Head for its Consumer Banking division in India. Rahul Johri has been announced as the new name for this post.Prior to this position at DBS Bank, Rahul was the Business Head of Retail Liabilities with Barclays Bank, India. He was one amongst the sta... http://www.rupeetimes.com/news/personal_loan/rahul_jhori_new_head_of_dbs_banks_consumer_banking_1890.html 12345678901890 Thu, 27 Nov 2008 10:59:08 +0530 RBI's plan to make the ATM usage free from April 2009 is moving well forward and there are chances that this move might affect the country's ATM platform in the coming times.For now there is no significant change in the demand for ATMs by the banks said a senior official from NCR Corporation, a tech... http://www.rupeetimes.com/news/personal_loan/atm_network_to_rise_even_when_rbi_plans_for_overall_free_atm_usage_1884.html 12345678901884 Wed, 26 Nov 2008 10:16:04 +0530 Private lender, Axis Bank is soon going to foray into mutual fund business. The bank plans to commence this new venture in the coming six to eight months period.The bank has received an approval from the Securities and Exchange Board of India (SEBI) to start its independent asset management firm and... http://www.rupeetimes.com/news/personal_loan/axis_bank_to_open_its_asset_management_company_1879.html 12345678901879 Tue, 25 Nov 2008 10:53:31 +0530 Public sector banks are mulling over an additional compensation of variable pay in their salary configuration. Bankers revealed that discussion on performance-linked pay, part of overall wage negotiations have started with the unions.The government banks are taking such a move in order to offer bett... http://www.rupeetimes.com/news/personal_loan/psu_banks_may_offer_performance_based_incentives_to_the_staff_1875.html 12345678901875 Tue, 25 Nov 2008 09:52:35 +0530 Corporation Bank is planning to increase its presence in the states where it is not yet noticed. As a part of its financial inclusion program, the bank intends to make its recognition in places where there is a poor representation.Chairman and Managing Director of Corporation bank, Mr J.M. Garg said... http://www.rupeetimes.com/news/personal_loan/corporation_bank_to_enhance_in_places_with_low_representation_1874.html 12345678901874 Mon, 24 Nov 2008 12:58:33 +0530 India's second largest public lender, Punjab National Bank has planned to expand its international presence at this time of when the banking industry is facing the heat of global financial crunch. The bank has also decides to support and build up the existing offices situated in foreign countries.Ch... http://www.rupeetimes.com/news/personal_loan/pnb_to_build_up_its_overseas_presence_1872.html 12345678901872 Fri, 21 Nov 2008 10:41:04 +0530 Public sector, Central Bank of India is planning to expand its overseas presence and has sent a proposal for the same to the Reserve Bank of India (RBI). The bank wants to start its representative offices in five places including Singapore, Dubai, Doha, London and Hong Kong.The public lender has app... http://www.rupeetimes.com/news/personal_loan/central_bank_of_india_plans_international_expansion_1866.html 12345678901866 Fri, 21 Nov 2008 10:03:34 +0530 A new financial instrument is soon going to float in the Indian markets. SEBI and RBI are on full works to launch interest rate futures by January 2009.An interest rate futures contract is an agreement to buy or sell a package of debt instruments at a specified future date at a price that is fixed t... http://www.rupeetimes.com/news/personal_loan/interest_rate_futures_to_float_in_indian_markets_1863.html 12345678901863 Thu, 20 Nov 2008 09:54:02 +0530 Leading private lender, Axis Bank has launched its online remittance service named AxisRemit. The bank has joined with Times-of-Money, a non-bank e-payment service provider for this new launch.A press released issued by the bank stated: With AxisRemit, the bank will provide high-speed online money t... http://www.rupeetimes.com/news/personal_loan/axisremit_a_new_launch_from_axis_bank_1857.html 12345678901857