|
HDFC
cuts home loan rates by 50-75 basis points
Mumbai: Taking a cue from ICICI Bank and the State
Bank of India, the Housing Development Finance Corporation
on Tuesday slashed its home-loans rates - both under the
fixed-rate option and the variable-rate option - by 50-75
basis points.
Back
to News Review index page
RBI
comfortable with inflation rate; oil, drought under lens
Mumbai: Reserve Bank of India governor Bimal Jalan,
on Tuesday said the apex bank is comfortable with the
present inflation rate, which crossed the four per cent
mark, and that the central bank will keep watch on oil
prices and impact of the drought on the economy.
Back
to News Review index page
Union
Bank targets Rs 12-crore premium from life insurance
Mumbai: Union Bank of India has targeted a premium
income of Rs 12 crore from its life insurance distribution
operations during the next fiscal.
Back
to News Review index page
Krishnamachari
Srikanth to bat for Birla Sun Life
Mumbai: Birla Sun Life has roped in former Indian
cricket opener and captain Krishnamachari Srikanth as
its brand ambassador for a period of one year.
Back
to News Review index page
Shriram
Group to hawk AMP Sanmar life products
New Delhi: AMP Sanmar Assurance has entered into a
marketing tie-up with the Chennai-based Shriram group
to market its life insurance products.
Back
to News Review index page
IRDA
takes message to masses
Kolkata: In an attempt to create better awareness
of life and non-life insurance among the people, the Insurance
Regulatory and Development Authority (IRDA) has entered
into an agreement with Prasar Bharati for a generic audio-visual
campaign on insurance through Doordarshan (DD) and All
India Radio (AIR).
Back
to News Review index page
SBI
Life provides cover for over 80,000 police personnel
Hyderabad: SBI Life Insurance Company Ltd has announced
on Monday that it has provided life insurance cover to
the entire police force in Andhra Pradesh consisting of
over 80,000 personnel.
Back
to News Review index page
Punjab
& Sind Bank to distribute Bajaj Allianz products
New Delhi: The Punjab and Sind Bank (PSB) is set to
become the latest entrant among PSU banks to offer bancassurance
products. The New Delhi-based bank has signed a Memorandum
of Understanding (MoU) with Bajaj Allianz General Insurance
Co Ltd for marketing and distributing the products offered
by the company.
Back
to News Review index page
StanChart
to open 10 more branches
Mumbai: Standard Chartered Bank plans to expand its
network by opening 10 more branches. The foreign bank
is opening branches in Chandigarh, Ludhiana, Jaipur and
Lucknow in the first week of February.
Back
to News Review index page
Tata
Tele to raise Rs 100 crore
Mumbai: Tata TeleServices Ltd is set to raise Rs 100-crore
in secured non-convertible debentures. The NCD issue has
a full guarantee from the Netherlands Development Finance
Company (FMO) and has received an in-principle rating
of `AAA(Ind)(SO)' from Fitch India.
Back
to News Review index page
|
