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banks: News - "Announcement of No charge on cash withdrawals from any ATMs" - 03/29/09 04:02 AM
"Recently, RBI announced to free cash withdrawals from all banks ATMs across the all over India. According to the term there will be no charged for the cash withdrawals from any ATMs in the country. It is the good news for all customers who have ATM cards The announcement is not new. Already there were big contracts by many banks to co-operate each other. SBI had already contracted with many banks to withdraw cash without any charge. There were an announcement also about free withdrawals from any ATMs till 2010 but it is now 2009 when the RBI announced to launch … (0 comments)

banks: Home Loans and Deposits Rates has been cut by Many Banks - 03/07/09 03:16 AM
Due to economic crisis recently many banks has cut home loan rates again. Recently, India’s 2nd largest bank ICICI has cut home loan rates for its new customers by 25-50 basis points. However, the rate is still high from HDFC and SBI because these banks have already lower interest rates on home loans. Up to Rs. 20 lakh HDFC and SBI interest rates are 9.75% against 10% earlier. However, now ICICI will charge 10% against 10.5% earlier for Rs. 20-30 lakh loan amount.
Above 30 lakh loan amount interest rates would be at 11.5% against 12% earlier while HDFC offers 10.75% … (0 comments)

 

Kishor Singh

Jasper, IN

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