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MONEY & BANKING
NBFCS
Cholamandalam to tap partner's expertise for consumer finance
CHOLAMANDALAM Investment and Finance Co Ltd (CIF) plans to enter the consumer finance segment in a big way, courtesy its recent tie-up with Singapore's DBS Bank. It intends to tap the expertise gained by its overseas partner on this front. The ...
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GOVT BONDS
Banks shed longs to meet credit demand
BONDS remained firm last week in thin trading despite hardening of crude oil prices and rising interest rates in the global markets. Bankers saidthe 25 basis points hike in the US Federal funds and the Federal discount rates had little ...
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CREDIT CARDS & DEBIT CARDS
SBI card launched in Madurai
MADURAI: State Bank of India has launched its `SBI Card' here. With this, Madurai has become the 79th city in the country and 7th in the State where the SBI credit card is available. Launching the card, the Chief Executive Officer, SBI ...
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