ArticleField.comInternet's Fastest Growing Free Content Article DirectoryPrivate banks have devised a variety of strategies to remain competitive amid the slowdown that is likely to engulf India. The new private sector banks such as Kotak Mahindra Bank and Yes Bank will focus on rural India and emerging sector banks to stay profitable while the larger banks like ICICI Bank and HDFC Bank […]
Several corporates aspiring for banking licences may end up being disappointed with the Reserve Bank of India’s licencing policy. As against the hopefuls who run into several dozens, the central bank is likely to grant licences to only a handful that it feels may make the mark. “It is likely that RBI will set out […]
Look at the state of the economy from anywhere in America or Europe these days and all is gloomy: Governments deep in debt. Consumers reluctant to spend. Businesses afraid to hire. But gaze out from the vantage of some of the world’s emerging economies and the picture gets brighter. Although few will pretend that their […]
Banks are betting big on the festive atmosphere to compensate for slow loan growth to date, waiving the processing fees, and even reduce the already thin margins. The higher interest rates offered on Fixed deposits as well. Bangalore-based Vijaya Bank is to attract customers by keeping home loan lending rates unchanged despite the recent rise in […]
Amidst a rising interest rate scenario, where home loan rates have gone up between 2-3 percentage points, ICICI Bank is wooing customers by offering them an option of a fixed rate for either the first one year or two years. Subsequently, however, the borrower will have to switch to a floating rate linked to the […]
