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Kotak Mahindra Bank that entered the credit card business in 2007 as part of its retail expansion, expects the portfolio to contribute around 25-30% to the overall income in the next two years, a top executive of the private lender said today. At present, the credit card business contributes about 15% of the bank’s total […]

PVR Ltd., the leading retail entertainment company and Kotak Mahindra Bank Limited have introduced a unique Entertainment Credit Card proposition for people who enjoy movies and like viewing these larger than life stories in theatres. For the first time in India, movie enthusiasts will now be able to draw a more significant and appealing value […]

To overcome the financial expenses for management studies (MBA) many nationalized and private banks offer various types of education loans. Although it is not easy to figure out the best scheme among so many options, applicants can clarify few basic things before deciding on one. CoolAvenues has come up with some guidelines for you to […]

Despite his run-ins with RBI, the State Bank of India chairman has managed to keep the public sector behemoth ahead of peers. The chairman’s angst sums up the public display of the uneasy relationship between the country’s largest bank — State Bank of India — and the Reserve Bank of India (RBI), in the last […]

Anglo Irish Bank has said it intends to sue its former chief executive David Drumm for breaches of fiduciary duty arising from alleged misconduct and deception when he ran the bank. It told bankruptcy hearings in the US last night that it would be bringing a case in relation to the treatment of loans the […]