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Kerala State Housing Board cuts loan rates
Thiruvananthapuram:
The Kerala State Housing Board (KSHB) has decided to reduce interest rates on housing loans advanced from May 1.
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Citibank launches property show in Hyderabad
Hyderabad:
Citibank has announced the inauguration of its three-day property event - Shelter's PropShop - here on Thursday, claimed to be the biggest property show in the twin cities of Hyderabad and Secunderabad.
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Indian promoters of banks may be allowed higher stake
New Delhi:
Parity may soon be restored for Indian promoters of domestic private sector banks, with the Ministry of Finance examining the possibility of permitting them to hold a higher stake, which might even go up to 74 per cent as was recently allowed for foreign direct investment in the sector.
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ICICI Bank mulls introducing rain insurance product
Mumbai:
ICICI Bank has disbursed Rs 2,000 crore towards agriculture and food-based projects during the 2002-2003 fiscal, Nachiket Mor, Executive Director of the bank, has said.
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Union Bank advances up by 19 pc
Mumbai:
Union Bank of India's gross advances have increased by Rs 4,278 crore for the financial year ended March 31, 2003, up by 19 per cent over last year, as per the provisional data available.
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SBI Bangalore card launched
Bangalore:
The State Bank of India has announced the launch of the SBI Bangalore card. The card is meant for a broad-based target audience in the 25 plus age group ranging from upwardly mobile professionals and middle class segments.
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domain - B : Indian business : News Review : 4 April 2003 : banking and finance