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ICICI Bank launches new credit card with American Express

Grants extended credit period offer that allows customers to carry over retail purchase balances in first two billing ...

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Axis Bank launches fixed home loan for affordable housing segment

10 Dec 2014

The bank has introduced a fixed home loan product for tenure of twenty years that is priced at 10.4%

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EPFO mulls enhancing exposure in private sector bonds

09 Dec 2014

Retirement fund body EPFO trustees will consider a proposal to increase the limit for investment in private sector bonds from ...

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Kotak Mahindra launches savings account for 55 years and above

08 Dec 2014

Private sector lender Kotak Mahindra Bank has launched a savings bank account--Grand--specifically for customers above 55 years ...

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ICICI Bank to hike ATM charges

08 Dec 2014

After SBI, HDFC Bank & Axis Bank now ICICI Bank has also decided to charge its own customers for using their Automated Teller ...

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Are asset allocation funds right for you?

08 Dec 2014

Picture this. You get a Rs 5 lakh windfall and are in a tearing hurry to put the money to work. Not one to put all your eggs in ...

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SBI, Axis cut deposit rates; HDFC Bank may cut loan rate by March

06 Dec 2014

Move comes within days of Guv Rajan saying there had been a fall in rates in the money markets for many reasons

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SBI cuts deposit rates by 0.25%

05 Dec 2014

Country's largest lender State Bank of India (SBI) today cut its deposit rates for maturities of over one year by 0.25 per cent, ...

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ICICI Bank, HDFC Bank cut retail term-deposit rates

04 Dec 2014

ICICI Bank reduces rate by 25 bps, HDFC Bank by 25-50 bps on select maturities

Paying utility bills at the supermarket?

01 Dec 2014

How would you like it if you could pay your electricity bills at the local supermarket, while you buy your monthly groceries? ...

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Hike in agents' commission cannot be passed on to policy holders

24 Nov 2014

Higher commissions should be paid from shareholder's money, not premia, says Irda chief

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Filing online PF withdrawal claims to be a reality in December

23 Nov 2014

all those subscribers whose PF and bank accounts are linked with Aadhaar number would be able to avail themselves of this

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Equity MFs net sellers for now; temporary, say managers

21 Nov 2014

India's equity fund managers have turned net sellers as key indices trade at all-time highs.The first 11 trading sessions this ...

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Axis Bank launches self-service terminal for cash deposit & withdrawal

20 Nov 2014

Customers can transact even without debit card; If the bank has their PAN details, then there is no ceiling on amount of cash ...

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New KVP norms silent on many fronts

19 Nov 2014

Investments can be made in denominations of Rs 1,000, Rs 5,000, Rs 10,000 and Rs 50,000 in the new KVP

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Banks likely to revise pricing for savings deposit above Rs 1 lakh

19 Nov 2014

This is likely to change, as term deposit rates are now expected to head southwards

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Govt aims at raising savings; re-launches Kisan Vikas Patra

18 Nov 2014

With the objective to raise savings in the country, the government today re-launched Kisan Vikas Patra (KVP), an instrument which ...

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Equity mutual funds see over Rs 39,000 cr inflow in FY15

17 Nov 2014

Buoyant stock markets helped attract over Rs 39,000 crore in equity mutual fund schemes in the first seven months of current ...

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Andhra Bank's schemes for children, teenagers

15 Nov 2014

The scheme will create awareness among children about savings

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