Mumbai, June 26
Ashok Leyland Ltd, flagship of the Hinduja Group, and mid-sized lender Yes Bank have signed an MOU (Memorandum of Understanding) to extend retail financing to customers of Ashok Leyland’s commercia...
Coimbatore, June 12
From money shops to specialised cells, banks target the retail sector
May 25, 2014
The bank’s vehicle financing business can zip ahead if there’s a turn in the economic cycle »
March 17, 2014
The economic slowdown has meant that non-performing loans of both deposit-taking and non-deposit-taking Non-Banking Financial Companies (NBFCs) have shot up over the past two years. But discipl...
Hyderabad, Jan. 2
Andhra Pradesh Grameena Vikas Bank (APGVB) has signed a memorandum of understanding (MoU) with International Tractors Ltd, Hosiarpur, Punjab, to extend finance to farmers for purch...
October 13, 2013
The editorial ‘‘Capital, with strings attached’’ (Business Line, October 12) has correctly highlighted the erroneous move of the Government in asking public sector banks to lend to...
Mangalore, Oct. 9
Corporation Bank has reduced interest rates on home and vehicle loans as part of its ‘grand festival bonanza’. The offer is valid up to January 31. A press release said the bank has redu...
Mumbai, Oct 9
Public sector lender Dena Bank on Wednesday reduced interest rates on various retail loans including home and car loans.
The bank will provide ho...
New Delhi, July 4
Shriram Transport Finance Company Ltd (STFCL) will not look to raise any equity capital at least for the next three years, its Managing Director & Chief Executive Officer Umesh Revankar has sa...
June 22, 2014
Backed by a strong network of chit fund customers, the firm has emerged a key player in the small enterprise and retail segments in the last 10 years »
Chennai, May 26
To strengthen presence outside South India from the current year, says MD
Mumbai, May 19
New Govt’s policies on mining, infrastructure to spur demand »
Bangalore, February 2
One hundred TVS King auto rickshaws financed by Canara Bank branches in Bangalore have hit the roads . A Memorandum of Understanding (MoU) was signed between Canara Bank and TVS Mo...
Mumbai, Oct 14
After reducing interest rate on retail loans, public sector lender Dena Bank has decided to offer tractor financing at base rate to farmers to improve agriculture lending this festive season.
Bangalore, Oct 11
Vijaya Bank has reduced interest rate on vehicle loans and consumer durables.
The bank has slashed by 30 basis points to 10.75 per cent on four wheeler loans, interest on two wheeler loan...
October 9, 2013
This refers to “Cheap loans: By how much can you cut rates, FinMin asks banks” (Business Line, October 9). Asking commercial banks to disclose information regarding the possibility...
Mumbai, Oct 9
State Bank of India has cut interest rate on car loans by 20 basis points from 10.75 per cent to 10.55 per cent for the ensuing festival season.
The bank has cut the processing charge fro...