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Tag Archive for 'banking'

Budget 2013 – First Ever All-Women Public Sector Bank in India

Published on February 28, 2013 in Banking Sector. 0 Comments Tags: all women bank, banking, budget, buget 2013, public sector, public women bank, women bank.

In his budget speech, the Finance Minster, Mr.P.Chidambaram today announced that soon Public Sector banks specially for women will get opened up in the country. Such Public Sector Banks will be completely staffed with women employees and will give loans mostly to women. He added in his budget speech that including two public sector banks […]

RBI Wants All Banks To Abolish Foreclosure Charges On Home Loans

Published on June 10, 2012 in Banking Sector. 0 Comments Tags: banking, home loans, housing, rbi.

RBI has mentioned a circular to all banks stating that they need to ensure they have followed the system that they have implemented where banks are not allowed anymore permitted to charge prepayment penalties on home loans on floating interest rate basis. Borrowers can now freely shift loans without incurring prepayment charges. There might be […]