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  • Business

High rates on savings a/c help banks grow deposits

 Banks offering a higher rate on savings bank deposits have seen robust growth in the past year but the momentum might get slower as interest rates turn more benign.Following deregulation of the......

Home loans: IndusInd Bank inks MoU with HDFC

 Private sector IndusInd Bank said on Wednesday that it has signed a memorandum of understanding with leading home-loans lender HDFC to sell the latter's home loans for purchase, construction,......

Banks go slow on ATM expansion

 Indian banks, especially small, private sector lenders, are curtailing their ATM expansion plans as the Reserve Bank of Indiamandates every bank to withdraw all third-party ATM transaction charges......

Does phone banking really help?

 A current ad for a telephone sports the tagline: "It's not one thing, it's many." That, in essence, is what a telephone has become. Among the many things, it can be half-a-banker too. Banks mainly......

Five strategies to get rich!

 Interest rates in India have come full circle in this decade. At the turn of the century, the economy was growing at a lazy 5.5 per cent. Demand for credit was low and interest rates were falling.......

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