Can
Fin Homes launches loan campaign
Madurai: Can Fin Homes Ltd has launched a campaign
through all its offices across the country for home loans
since November 27 and will last till January 31, 2003.
According
to a press release, the company has worked out a special
offer with a package of reduced interest rates starting
from 9 per cent for those who register with it during
the campaign period (till January 31 next) with the objective
to give the best deal to loan seekers through the most
competitive price.
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PNB,
defaulters in talks to settle dues
New Delhi: Punjab National Bank (PNB), which has
issued 1,182 notices country-wide for dues recovery under
the securitisation ordinance, has managed to attract borrowers
to the negotiating table in over 200 cases. The aggregate
amount involved in the cases where notices have been sent
is about Rs 138 crore, officials said.
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SBI
in talks with IOC for smart cards
Chennai: State Bank of India is in talks with Indian
Oil Corporation (IOC), for jointly issuing smart cards.
These cards could be used by the bank's customers, not
only at IOC's petrol bunks, but also at many other points
of sale, both in India and abroad.
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Indian
Bank seizes Chennai hotel assets
Chennai: Indian Bank announced that it had taken
possession of the property of Hotel Srilekha Pvt Ltd in
Chennai. Hotel Srilekha Pvt Ltd owes the bank Rs 5.67
crore. The property (which is in the Devi theatre complex
in the city) is said to be worth nearly Rs 8 crore.
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RBI
directs bank chiefs to implement clean note policy
Mumbai: The Reserve Bank of India (RBI) has asked
all banks to implement its instructions to do away with
stapling of note packets and to introduce banding packets
with paper or polythene bands so that the life of currency
notes is increased.
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Orange
ties up with HDFC Bank
Mumbai: Orange has announced it has tied up with
HDFC Bank to allow the Bank's account holders to get their
prepaid cellular service cards refilled through the Short
Messaging Service (SMS) facility. Orange is the Hutchinson
group's cellular service in the Mumbai circle.
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