MONEY & BANKING
INSURANCE
Firstsource to sell insurance products
The city-based BPO firm Firstsource Solutions Ltd has said that Financial Services Authority of UK has authorised it to provide advice and to arrange contracts of insurance. As result, Firstsource will be able to upsell and ...
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STOCKS
What is behind the valuations
BANK STOCKS
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RBI & OTHER CENTRAL BANKS
RBI for flexible home loan repayment norms
The repayment of housing loans should be flexible enough to take into account the income flows of individuals, said Dr Rakesh Mohan, Deputy Governor, RBI. "There is a need for standardisation of procedures and documents in the area of housing ...
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FOREIGN BANKS
Russia's VTB Bank plans corporate branch in India
Aims to address woes of Russian cos operating in India
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MORTGAGE
National Housing Bank plans new products
Certified mortgage counsellors may be introduced
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FIXED DEPOSITS
Corp Bank hikes FCNR (B), NRE rates
Corporation Bank has increased interest rates on FCNR (B) and NRE deposits with effect from June 1. A bank release said here on Friday that the interest rate on FCNR (B) deposits for US dollar has been increased to 4.64 per cent ...
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