According to the records and research statistics (stats), there are a lot of people who spends using their credit card than debit cards. The average payment amount of credit card would reach about Rs 55,000 in a year and this is already 30 times the money that is usually spent through debit cards. But this […]
The State of India had announced that they have a growing business so far which is among the reason why they are planning to recruit about 10,500 employees for this current fiscal. Base on the statement given by SBI chairman Pratip Chaudhuri, the bank will be making way for 9,500 clerical appointments and nearly about […]
In an open market transaction, the Macquarie Bank had offloaded 80 lakh shares of Infrastructure Development Finance Company (IDFC) in an amount of Rs 102 crore. According to a data that can be found in the stock exchanges, the bank will be selling its 80 lakh share in IDFC for about Rs 127.55 a piece. […]
Good news for those who are planning to established a small business since SBI cuts its lending rates between 0.5 – 3.5%. This fact would surely drive a lot of lenders to State Bank of India (SBI). As we all know, one of the problems when it comes to building a business is the fact […]
An unknown source once said that HSBC had agreed to absorb the entire RBS staff. But now, the problem is that not everybody will be retained. It is also not clear how many possible will be filled. There is still not comment about this on part of the HSBC spokesperson. While on the other hand, […]
Online scams and spams have increased a lot. Government, along with many worlds’ biggest internet companies and financial firms have decided and developed a new strategy to fight email spams and online scams. Internet companies like Facebook, Google Inc and Microsoft Corp and financial corporations like Bank of America Corp, Fidelity Investments and eBay Inc’s […]
Bajaj Auto reported a 19% increase in its net profit for the third quarter of the current fiscal, during October to December at Rs.795 crore compared to Rs.667 crore in the period of 2010-11 on Thursday. The company has improved its operating EBITDA (earnings before interest, taxes, depreciation, and amortisation) margin from 20.1 percent in […]
