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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.......
  Web results for Sumant Kathpalia
IndusInd shortlists executives to take over from CEO Romesh Sobti

IndusInd is looking for a successor after RBI in January approved Sobti's reappointment as managing director for a year even though the lender's... ...
Credit card spending rises 30% a year even as loan growth slumps

Loans for the banking sector are growing at a slower than expected rate but growth in credit card spending seems an exception. Banks and other... ...
Ericsson Report

The latest Ericsson Mobility Report reveals for the first time that the number of active cellular M2M devices will increase 3-4 times by 2019, from... ...
IndusInd Bank opening a Video Branch

New facility to allow customers to interact with their branches through a Video Branch app from Google Play Store and Apple App Store on their... ...
Wipro partners with DEN Networks

IT major Wipro today announced a strategic partnership with DEN Networks Ltd to enhance customer experience for the Cable and Broadband businesses... ...

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