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State Bank of India (SBI) has extended its ‘teaser rate’ home loan scheme — a popular, yet controversial product — by a month. The SBI home loan scheme offers a discount in the interest rate for the first three years. The interest rate structure of the scheme remains unchanged, said a top SBI official. For […]

Outgoing State Bank of India (SBI) chairman Om Prakash Bhatt continued his defiance of the central bank on the teaser loan front saying “The Reserve Bank of India (RBI) never understood our special home loan product. “Obviously, they (RBI) have not understood our product (the special SBI home loan product),” Bhatt, who is superannuating on […]

If you have too many pending bills or even unexpected bill or expenditure, delay/wait in payment time; Personal loan is a good way to fund such expense. Following are the steps that can get you a quick personal loan: Search online for banks/lending institutions that give personal loans. Shortlist few loan offers that suit your […]

Private sector Axis Bank plans to launch six additional branches in Mumbai making it total number of branches in Maharashtra to 181 by March 31. These branches, located in the Mumbai Circle, also include branches in Navi Mumbai and Turbhe. Aims and Plans: Axis Bank plans to take its products and services into the farthest […]

The Reserve Bank of India has issued guidelines for all lenders to implement a system for providing online alerts, that is, emails for all card (credit as well as debit card) transactions irrespective of amount latest by June 30. This system of instant alert will ensure that no unauthorized or fraudulent withdrawals from ATMs would […]