Banking
Axis Bank Launches “Happy Ending Home Loans”: Loans with the last year’s EMIs waived
Pay on time, and have your last 12 EMIs waived off
Axis Bank Launches Happy Ending Home Loans
Axis Bank, India’s third largest private sector bank, today announced the launch of “Happy Ending Home Loan” a unique home loan product with a built-in EMI waiver scheme. As long as the customer pays his EMIs on time, the product would waive the last 12 EMIs automatically.
The product would be offered at the same rates as a regular loan,...
Union Bank Slashes Interest Rate on Agriculture Loans Upto 175 bps Effective from 1st July, 2012
Union Bank
Delhi, July 5, 2012: As one of the measures to boost credit flow to Agriculture, Union Bank of India has reduced interest rates for various categories under Agriculture up to 175 bps. Now, Crop Loans, Investment Credit and Loans for Allied Activities up to Rs 50,000/- will be available at Base Rate only. Interest rate for lending to Self Help Groups (SHGs) has also been reduced by 175 bps.
The revised interest rates are effective from 1st...
Axis Bank Deploys Cash Deposit Machines Across the Country
Axis Bank Cash Deposit Machines
• Deploys 200 machines across 90 cities
• A 24 x 7 self-service terminal
• Plans to roll out 350 more such machines in the next 6 months
Chennai, April 2, 2012: Axis Bank, India’s third largest private Bank, today announced the deployment of 200 Cash Deposit Machine Machines in various branches in 90 cities across the Country. The Bank has installed these machines to provide its customers a 24 x 7 convenience...
Bank of India and TimesofMoney join hands to provide Online money transfer service NRIs in UK
Bank of India
Mumbai, March 26, 2011: Bank of India, India’s premier public sector bank, has signed a service agreement with TimesofMoney to offer remittance solutions to NRIs in UK. This strategic partnership will enable NRIs send remittances in Great Britain Pounds (GBP), seamlessly and securely.
This online remittance service will offer all users competitive pricing, both in terms of exchange rates and transaction costs. Moreover, the customer...
HDFC Bank Bharosa Gold Loan For Rural Markets
• To Reach Out To 10000 Villages Through 1300 branches In 6 Months
• To Offer Loan Up to 140% Of Gold Valuation, First In Industry
• Unique 3 way sealing to ensure safety of gold
HDFC Bank Bharosa Gold Loan
Chennai, March 6, 2012: HDFC Bank, the second largest private bank in the country, on Tuesday announced the launch of ‘Bharosa Gold Loan’, a product tailor-made for the rural customer. This is an important step in the Bank’s mission...
Axis Bank and NIIT IFBI Launch Diploma Program in Retail Banking
Axis Bank
- Offers PG Diploma in Retail Banking (PGDRB)- anexclusive 3 monthprogram customised for career opportunities with Axis Bank
Chennai, March 6, 2012: Axis Bank, India’s leading private sector bank and NIIT Institute of Finance, Banking & Insurance Training Ltd. (IFBI)- India’s largest Banking training institute, today announced the launch of Post Graduate Diploma in Retail Banking (PGDRB), an exclusive career program designed for...
Union Bank – Launch of enhanced ATM Services
Union Bank
New Delhi, 21st February 2012: Union Bank of India today announced reaching the milestone of 3000 ATMs along with a host of new products and services on ATMs. Chief Guest of the function, Shri Anand Sinha, Deputy Governor, Reserve Bank of India, said that it is heartening to see the bank reaching out to its customer with more and more services and convenience through the most popular channel. Speaking on the occasion, Chairman & Managing...
Axis Bank Ties Up With Gauhati University
• Launches Co-certification programme in Banking for students of MBA/MBE course
• Plans to replicate this module with other reputed Universities
Axis Bank Ties Up With Gauhati University
Chennai, February 22, 2012: Axis Bank, India’s third largest private Bank, today signed a MOU with the Gauhati University for offering a Co-certification programme in Banking for MBA/MBE students of the University. The MOU signing ceremony held in the presence...
HDFC Bank On Harvard Business Review’s Elite List
-Bank Among 10 Global Cos That Have Grown Net Income 5% Every Year-
-Top Cos Selected In A Survey Of 2347 Organizations-
HDFC Bank On Harvard Business Reviews Elite List
Chennai, Jan 17, 2012: HDFC Bank has been featured by Harvard Business Review on an elite list of 10 companies globally which have grown their net income by 5% every year for the 10-year period ended 2009. A report titled “How The Growth Outliers Do It” by Rita Gunther McGrath,...
Dhanlaxmi Bank Hikes Interest Rates on NRE Term Deposits
Offers peak interest rate of 10.10% p.a. for 3-5 year deposits
Dhanlaxmi Bank
Mumbai, January, 2012: Dhanlaxmi Bank, one of India’s fastest growing mid-size private sector banks, has announced an upward revision of interest rates on Non-Resident External (NRE) Rupee term deposits across various maturities, effective January 4, 2012.
Interest rates for medium term deposits of 366 to 499 days, 500 days and for deposits above 501 days and above up...

