Federal Bank Limited
July 10th, 2007
Federal Bank has played a pioneer role in developing and deploying new technology assisted customer friendly products and services. A few of its early moves are cited below: Read the rest of this entry »
Dhanalakshmi Bank Limited
July 10th, 2007
Registered Office
Dhanalakshmi Buildings
Naickanal, Thrissur - 680 001
Kerala.
Phone : 91-487- 2335104 / 2335190 / 2335131 / 2335177
Fax : 91-487- 2335367 / 2335580
Dhanalakshmi Bank was incorporated on 14th November 1927 by a group of enterprising entrepreneurs at Thrissur, the cultural capital of Kerala with a Capital of Rs.11,000/- and had only 7 employees. It became a Scheduled Commercial Bank in the year 1977. It has today attained national stature with 181 branches and 26 Extension Counters spread over the States of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Maharashtra, Gujarat, Delhi and West Bengal. The Bank serviced a business of Rs. 4223 crores as on 31.03.06 comprising deposits of Rs.2533 crores and advances of Rs.1690 crores. As at the end of March 2006, the Capital Adequacy Ratio of the Bank was 9.75% well above the mandatory requirement of 9%. The Bank made a net profit of Rs.9.51 crores for the year ended 31st March 2006. Read the rest of this entry »
Online Banking & Online Investments in India
July 4th, 2007
Now a days our banking system in India has changed a lot. There is no need to visit a bank for many of your banking transactions in India. Computers and Internet has made cyber banking easy and accessible to majority of us in India.
Even you can log on to your banking website from any part of the world. Online backing has become very popular among our young techies as well as many others. With online banking, we can now transfer money, pay our utility bills, order for credit card or debit card and even checks.Ă‚ You can also modify your account information. Now a days to apply for a bank loan, we can do it from our home computer. The online banking services provided by our Indian banks are not always same. It varies between each banks.
Common Banking Mistakes in Kerala
June 21st, 2007
A bank can really save you money, but there are also ways in which you lose much money. If you are not proactive by identifying dangers and potentials errors, then you could be caught outside. Here some of the errors of the personal banking operations which are most common and how to avoid them.
Guidance for Stock Trading in India NSE & BSE (NIFTY & SENSEX Trading Guidance)
June 21st, 2007
Manage your Emotions
Trading in Stock markets involves huge risk. Remember that it can even wash out your capital. Never try to take the risk which you are not comfortable with. As a stock trader, emotion is always your enemy. Emotions can drive your thinking and it may deviate from wise decisions. Variable emotions during trading is one of the prime reason for most traders to fail in stock trading. In order to be a successful trader, you have to control your emotions. For this, it is always best to reduce the risking money and limit it to your comfortable levels. If you are getting sleepless nights for losing Rs.1000Ă‚ on a trade, then it is advisable not to take the risk of more than Rs.1000. If a loss of upto Rs.500 is bearable to you, then risk up to Rs.500 only. In this way emotions will not drive your thinking and wise decisions can be taken to have profitable trades everyday.
Stop Loss – “MUST” in Stock Trading
Losses in Trading always start with small amounts. You can always control the magnitude of your losses in stock trading. If you are ignorant to put your stop losses in a trade then it can wipe out all your gains which may be equivalent to multiple winning trades. In order to have success, do not take big losses, always use your stop loss to control it. After you start a trade, enter a stop loss and maintain it.
Ă‚ Always Remember - Its Your Money
When ever you are trading, keep in mind that its your hard earned money that you are risking. No body wants your money to grow, its only your interest to grow your money. Trading is a platform where you should not depend on others ideas to make money. You have to manage and control the trading. Decisions should be always yours – get the skills from others to make wise & profitable decisions.
Effective Usage of Credit cards to avoid Heavy Debts
April 1st, 2007
Are you holding many credit cards? Then the first this is to consolidate it. Transfer the balances of costlier credit cards to cheaper one. Find out the schemes on offer by the credit card companies for Balance Transfer.
There are transfer schemes like :
- Converting your credit card balances to EMI’s. In this your dues will get converted to a loan at smaller interest rate and you could repay it at EMI. Here you cannot prepay your dues. It has to be on EMI.
- Another way is to transfer your balance at a lower interest rate. A new credit card will allow you to repay your old debt at lower interest rates. There will be a limited time frame for doing this. Also any new purchases cannot avail the grace period.
How to Compare and find the right Credit Card for you?
March 27th, 2007
Is the credit card really serving you the needs? Find out the best ways to compare and find the right card for you. The advertisments may only show the sweeter side of the card. How to find out whether there is a bitter side on the offer too. Does “No Annual fees” is really saving you money? This article will help you to find it out.
What is a Personal Loan & How to Apply for it?
March 20th, 2007
What is a Personal Loan & How to Apply for it?
Do you want to buy a latest model LCD TV? Do you wish to go for a dream holiday to Europe? There are lot of immediate needs of money which may not be readily available in our pocket or in your account.
You do not have to provide any security, collaterals or guarantors for a personal loan. It is purely a unsecured loan given to you only on the basis of your financials.
Debit and Credit Cards : 10 Safety Tips
March 19th, 2007
- Be careful while revealing your account details over phone.
- Do not write your account number or card number on visible places, always keep it in safe records.
- Never sign on a blank receipt or debit slip given by the merchant.
- Always keep your credit card payment receipts to verify it with monthly statements.
- Take out the account number from ATM receipt slips before throwing away.
- Make it a habit to compare credit card monthly statements against your receipts.
- Maintain a written record in a safe place. Store it separately from your cards.
- Do not carry all cards with you. Only carry those cards, which you may need.
- Never carry your PIN in your purse and also do not write it on the card.
- Do not write your PIN on a receipt or any other papers visible to others
Credit & Debit Cards - Things To Do If They’re Lost or Stolen
March 19th, 2007
What happens if your credit card is lost or stolen? Here is a detailed guidance to help you to take immediate actions before losing your money from your account. Â
