ICICI teases with fixed rate home loans

Amidst a rising interest rate scenario, where home loan rates have gone up between 2-3 percentage points, ICICI Bank is wooing customers by offering them an option of a fixed rate for either the first one year or two years. Subsequently, however, the borrower will have to switch to a floating rate linked to the […]

Finding the Best Rewards Credit Cards

Great deals on credit cards are now on sale at your nearest dealer credit cards or in your mailbox. Because of competition, the company’s credit card has now decided to give something in exchange for your payments – on credit card rewards and incentives can be very attractive. Just about anything goes – from cash […]

Biz correspondents to enter mobile payment services

The rush for mobile money has now caught the fancy of firms acting as business correspondents for banks. These entities help banks provide financial services in rural centres. With $350 billion of payments and banking transactions expected to flow through cell phones in India by 2015, many of these companies are now in the process […]

Axis bank looking to inject consumer centricity

There is a lot of youth, fun and backslapping camaraderie on the third floor of the swanky head-office of the Axis Bank located in a business district in central Mumbai. This is the floor where the marketing function sits – many think it’s the cool team in the building – very much unlike what one […]

Do Indian banks exist for their customers

A little more than a year after it had set up a panel to look into customer service in banks, the Reserve Bank of India (RBI) released the report last week. It’s fairly well known that half of India’s population doesn’t have access to banking services, but what doesn’t get highlighted is the fact that […]