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Archive for the ‘ICICI’ Category

Business Loans India : Business Installment Loans From ICICI Bank

January 20th, 2008 admin 1 comment

In this day and age of cut throat marketing, one cannot afford to loose focus. To reap the benefits of lofty productivity, we need to put in a certain amount of financial resources and hard work.
All market sectors need an initial investment be it manufacturing, retail, leisure, farming, professional practice or service sector. Today, [...]

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Business Loans India : ICICI Bank Equipment Loan

December 3rd, 2007 admin No comments

The information on ICICI bank equipment loans are mentioned below. The ICICI bank offers numerous types of equipment loans. Some of the equipments which you could purchase using the ICICI bank equipment loans include the likes of the construction equipments, medical equipments, office equipments and farming equipments. The various details and the formalities involved, [...]

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Business Loans India : Information about ICICI Bank’s unsecured smart business loan

November 11th, 2007 Contributor No comments

ICICI Bank’s unsecured smart business loan is collateral free. It provides working capital assistance in two variants payable in the form of equated monthly installments:
• Overdraft Facility
• Term Loan

Overdraft Facility
ICICI Bank extend your account limit and you can withdraw any amount upto the limit sanctioned. Bank charge interest only on the amount utilized.
Payment method
You [...]

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Business Loans India : Banks slowdown the interest rates for Diwali offer

November 7th, 2007 Contributor No comments

Diwali offers on loans can fulfil your dream home may just be within your reach. The slash  in retail asset growth and competitive pressure have forced banks to reduce rates on retail loans.
ICICI has  cut rates marginally by 25-50 basis points on home, car and personal loans, as part of its festive offer. On [...]

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Business Loans India : ICICI Bank fined for bad recovery methods

November 7th, 2007 admin No comments

A consumer commission has ordered ICICI Bank, the country’s largest private sector Bank, a whopping Rs.50 lakh for employing “goons” to recover loan.The client who defaulted on loan had approached the consumer affairs commission in Delhi complaining of use of force by the bank’s recovery agents.
The Delhi Consumer Commission also ordered the bank to [...]

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ICICI Bank is now familier for rural areas

June 27th, 2007 Contributor No comments

Country’s largest private lender ICICI Bank is planning to bring changes in its products to make them suitable for the rural areas — its new targeted sector for widening reach.
The bank, which has already established its hold both in the agricultural and non-agricultural sector in the rural areas, would modify certain urban products to [...]

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SBI,ICICI and HDFC are approaching to Arcil

June 23rd, 2007 Contributor No comments

For the first time since the housing loan boom, the country’s top three home loan providers, State Bank of India (SBI), ICICI Bank and HDFC, are approaching the Asset Reconstruction Company Ltd (Arcil) to sell bad loans from their home loan portfolios.
The move has been prompted by a sharp rise in defaults from retail [...]

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