Personal Loan of All Cities News - Mar 2017
18th Mar 17 Deutsche Bank considering sale of Indian retail business
Deutsche Bank is planning to sell its retail business of India. The bank plans to utilize the sale proceeds for expanding its capital base. Deutsche Bank had sold part of its mortgage business in India in 2010 and a small unit of asset management in 2015. The bank has total assets of Rs. 693 billion and earned a profit of Rs. 23 billion for the year ending March 2017.
18th Mar 17 Card business of Citibank India grows on continuous technological innovations
Citibank India has been able to build a successful card business with its strong focus on continuous technological innovations. The bank has launched Pay in Points feature which enables customers to make payment via reward points and NoRedirect initiative that helps customers to directly make a payment at merchant’s website via OTP.
18th Mar 17 Deutsche Bank considering sale of Indian retail business
Deutsche Bank is planning to sell its retail business of India. The bank plans to utilize the sale proceeds in expanding its capital base. Deutsche Bank had sold part of its mortgage business in India in 2010 and a small unit of asset management in 2015. The bank had total assets of Rs. 693 billion and earned a profit of Rs. 23 billion for the year ending March 2017.
17th Mar 17 Axis Bank opens new branch in Nadiad
Axis Bank has announced the opening of new branch in Nadiad, Gujarat. The new bank branch will provide digital services such as Axis Pay and Axis Mobile application and offer all loan products including personal loan, home loan etc. With the opening of new branch, total number of branches of Axis Bank in Gujarat has reached 282 branches.
17th Mar 17 SBI credit cards to attract 15 percent discount from Qatar Airways
State Bank of India has announced a partnership with Qatar Airways to provide discount up to 15 percent to the retail and corporate credit card holders of the bank. Under the new offer, person buying tickets via SBI cards will get a discount of 15 percent and 10 percent respectively on business class and economy class tickets. The offer is valid from 7th April to 30th September, 2017.
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