The readers of Institutional Investor Magazine have voted Aditya Puri, the Managing Director and Chief Executive Officer (CEO) of HDFC, as the best banking CEO in Asia. The magazine’s readership is comprised of investment professionals that encompass 1541 companies based in Asia excluding Japan. These votes were cast as part of the magazine’s All-Asia Executive […]
As banks try to outdo each other in terms of customer acquisition, it is only natural that average individualslike you and I receive numerous emails every week that talk about pre-approved credit cards. You may be wondering how to react when you receive these offers and whether you should simply ignore such mailers outright. Before […]
Saving is an extremely important aspect of the financial planning of every individual. However, there may be times when you pass through a rough patch and require a bit of financial aid to tide over troubled times.
SBI card has launched a premium credit card: Elite. The card comes with a host of facilities, targeted at high net-worth individuals. The credit card has been launched on the MasterCard world platform and is powered by near-field communication (NFC) technology. According to SBI Card CEO Vijay Jasuja, Elite would enable customers to make contactless […]
Changing jobs, moving to a new city or country, changing business requirements or simply altering banking preferences because of new offers – there are a multitude of reasons why customers fail to maintain regular transactions on a certain account. However accounts once abandoned do not fall off the face of the banking map. In fact, […]
Pradhan Mantri Jan Dhan Yojana or PMJDY was launched on 28th August 2014, by the honourable Prime Minister, Narendra Modi. The scheme is a move in the direction of financial inclusiveness. It aims at providing financial services such as access to credit, savings bank account and easy transactions to lower economic groups. This scheme […]
Holding multiple bank accounts and keeping tabs on all of them is no easy task. Not only can it create confusion and lead to mismanagement, but accounts that do not feature regular banking activity are automatically deactivated by banks. Incorrect management such as non-maintenance of minimum average/ quarterly balance in your banking accounts can also […]
Picture this: While vacationing in Europe with your family, you take the time to enjoy pasta at an outdoor restaurant in Venice. At the end of your amazing meal, you hand the waiter your credit card. After a few moments, he returns and tells you that the card has been declined. The next few minutes […]
Both home loan and land loan are availed to acquire a property. However, home loans are availed for properties that are already constructed, are under construction or will be constructed in the near future.
Two utility vehicles have entered the list of top 10 selling passenger cars for the month of May – Toyota Innova Crysta and Maruti’s Vitara Brezza. With the sale of 7,259 units in May, Toyota Innova Crysta overtook Maruti Vitara Brezza and Hyundai Creta, to become the ninth best-selling vehicle as well as the top-selling […]
