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MONEY & BANKING
DEBT MARKET:
Bonds stable ahead of Budget; liquidity continues to be high
Flooded with deposits, banks park funds in short-term securities. Bangalore, June 28 Bonds remained stable during the week, unaffected by firm global oil prices, as traders waited for the Government’s budgetary proposals for the ...
PUBLIC SECTOR BANKS:
SBI, Calcutta Tea Traders assn in pact with two tea brokers
Kolkata, June 26 State Bank of India and Calcutta Tea Traders Association have signed agreements with two tea brokers, namely, J Thomas & Company Pvt Ltd and Contemporary Brokers Pvt Ltd, paving the way for a permanent system of ...
FINANCIAL SERVICES:
CUB, Majan Exchange ink pact
City Union Bank has entered into a service agreement with Majan Exchange LLC, Sultanate of Oman to facilitate remittances from expatriate Indians in the Gulf region.Majan Exchange is promoted and operated under a management agreement with ...
GENERAL INSURANCE:
Insuring your home loan? Make sure you get your policy papers
LAPSES IN SERVICE. Coimbatore, June 28 Have you availed yourself of a home loan and has the bank insisted that you take an insurance cover for the outstanding amount of the loan? If yes, have you got the policy documents from the bank ...
HOUSING FINANCE:
Happy home scheme: SBI loans Rs 1,500 cr a month
New Delhi, June 28 State Bank of India’s disbursements on home loans under its ‘New happy home loan scheme’ have grown at Rs 1,500 crore monthly. This is about Rs 400 crore more than the monthly average of Rs 1,100 crore it ...
FINANCIAL SERVICES:
Centrum branch in Vizag
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