Archive for October, 2008
Life Insurance Corporation of India will launch LIC Credit Cards
Life Insurance Corporation of India, India’s largest and oldest life insurance company, is planning to launch its much awaited launch of Credit Cards in the month of October.
The insurance company was earlier in talks with a firm but due to some reason, the deal could not materialize. At present, the company is negotiating with some [...]
New Deposit Schemes and Interest Rates from Development Credit Bank
Development Credit Bank Ltd., one of India’s emerging private sector banks, has announced the deposit scheme- DCB Freedom1-2-3 fixed deposit and has also come up with some other fixed deposit rates.
As per the DCB Freedom1-2-3 fixed deposit, the scheme offers attractive and money saving policy to its customers by giving them aggressive rate of 10.50% [...]
SBI increases Interest Rates with new deposit schemes
As per the scheme, the bank has increased the deposit rates by 1% to 10.5% for the 1000-days maturity deposit for the depositors.
On the other hand, the deposit rates for 2-3 year maturity have been increased from 9.5% to 12.50%. Under the same scheme, the senior citizen will be benefitted by getting additional 0.5% interest.