Mumbai, April 30: For those looking at buying a house, its another chance for a big saving. India’s largest bank, the State Bank of India, has extended its teaser home loan rate scheme by two more months. Under this scheme, borrowers get home loans at a cheaper rate for the first few years.
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New Delhi, April 30: The Supreme Co-urt on Friday issued notice to the Centre, Insurance Regulatory and Develo-pment Authority and fourteen private insurance companies on a petition by Securities Exchange Board of India on the jurisdiction over regulation of unit lined insurance policies (ULIP).
A bench, headed by Chief Justice designate S H Kapadia directed [...]
New Delhi, April 30: The government on Friday said ICICI Bank and HDFC Bank cannot be called Indian-owned banks, setting at rest the debate generated over the nationality of the top two private sector lenders.
“At best, the two can be called as Indian-controlled banks,” the DIPP secretary, Mr R.P. Singh, said on Friday [...]