Recent Articles

SBI, Indian Bank up rates on its NRE

Public sector lenders State Bank of India (SBI) and Indian Bank on Wednesday said that it has upped interest rates on its NRE Rupee term deposits with effect from today. For non-resident external (NRE) deposits of one-year maturity, the rate has been increased from 2.51 % to 2.54 %, a press release issued here stated. For a maturity of two-years, the rate has been upped from 2.28 % to 2.51 % whi Read More...

How to get your free credit report

There are lots of methods for you to obtain your very own credit profile, out of charge! In other words, the credit business is bombarded with credit monitoring agencies that are more than ready to provide you your personal free credit report. All you need to carry out is discover most feasible of the agencies issuing credit profiles, and you are good to go. For the most segments, these credit m Read More...

Spanish Banks To Slash Property In Spain Prices In 2011?

With the news that Banks in Spain now recognise that they have no alternative but to reduce Spain property prices further if they are going to have any chance of attracting more buyers. This has been very obvious for some time with discounted properties from a developer being in some cases a third less than a similar bank repossession on the same development. In the past, Spanish banks have genera Read More...

Cyprus Banks on the International Scene

Cyprus is not Greece, is the first thing to say about the Cyprus banking sector. It has experienced none of the problems of the Greek or Irish banks; domestic banking assets total 800% of GDP, with little exposure to toxic sovereign debt, and the loans to deposits ratio is 114%, signalling little reliance on debt funding. Cyprus is also very unlike Greece, Italy or Spain in its tax regime, with w Read More...