newsfeaturesonline INDIAN BANKS NEWS

JP Morgan Chase Bank

2009-02-17T23:06:00.000-08:00

JP Morgan Chase Bank is operating since 1 July 2004. headquartered in New York, JP Morgan Chase Bank is the merger of J.P. Morgan Chase & Co. and Bank One Corporation. Till date JP Morgan Chase Bank operates in more than 50 countries and it is one of the leading banks in investment banking, financial services for consumers and businesses, financial transaction processing, assets and wealth management and private equity.

The six lines of business of JPMorgan Chase Bank are as mentioned below:

• Asset & Wealth Management
• Card Services
• Commercial Banking
• Investment Banking
• Retail Financial Services
• Treasury & Securities Servic

The retail and commercial banking businesses of JPMorgan Chase Bank is headquartered in Chicago.

JPMorgan Chase & Co.
1 Bank One Plaza
Chicago, IL 60670

Contact information JPMorgan Chase Bank

Investor Relations
JPMorgan Chase & Co
270 Park Avenue
New York, NY 10017-2070
Tel. : (212) 270-6000
www.jpmorganchase.com/

| | |

---This post is sponsored by 14k Gold, Round, Diamond Stud Earrings (1/4 cttw, I-J Color, I1-I2 Clarity), AMAZON JEWELRY huge selection & Ask Everything Here

Standard Chartered Bank in India

2009-02-16T02:41:00.000-08:00

Standard Chartered Bank or better known as ‘Stan C’ is the largest international banking group in the country. The key businesses of SCB in India are consumer banking - primarily credit cards, mortgages, personal loans and wealth management - and - wholesale banking, where the Bank specializes in the provision of cash management, trade, finance, treasury and custody services.

Standard Chartered Bank India was the first bank that issued the first global credit card in the country. Also SCB was the first bank in India to issue photocard, picture card. Stan C also stand to be the first credit card issuer to be awarded the ISO 9002 certification.

Few other products of the Bank are the 'Sapnay' credit card, the international debit card (it provides free access to over 1500 Visa ATM's), a first in the banking industry, Mileage, an overdraft facility against the security of a car and Smart Credit, a personal line of credit for salaried customers.

The name Standard and Chartered has been derived from Standard Bank of British South Africa merged with Chartered Bank of India, Australia and China in 1969.

Standard Chartered Bank Credit Cards:

Standard Chartered Bank Classic
Standard Chartered Bank Classic
Standard Chartered Bank Cricket
Standard Chartered Bank Diva
Standard Chartered Bank Executive
Standard Chartered Bank Executive
Standard Chartered Bank Gold
Standard Chartered Bank Gold
Standard Chartered Bank Sapnay
Standard Chartered Grindlays Classic
Standard Chartered Grindlays Gold
Standard Chartered Grindlays Star TV

SCB ATM facilities are as mentioned below:

• Withdraw cash
• Deposit cash or cheques at our select ATMs in the country
• Check the balance in your account
• Request an interim statement of account. This will be generated and mailed to you
• Get a 'mini-statement' of your account whenever required
• Request for a cheque book
• Change your Personal Identification Number
• Transfer funds amongst accounts linked to your card

The ATM card is and absolutely free. There are no transaction charges on the use of your card.

SCB mobile banking facilities are as mentioned below:

• Balance Information –View balances of your linked savings and current accounts
• Mini Statement – Get details on the last 3 transactions carried out on your bank account
• Cheque Book Request – You can now order for a cheque book from your Mobile Phone!
• Bank Statement Request – Bank Statement requests can be placed through your Mobile phone

SCB India Phone Numbers

Ahmedabad
3940 4444 / 6601 4444
Allahabad
3940 444 / 6601 444
Ahmedabad
3940 444 / 6601 444
Amritsar
3940 444 / 6601 444
Bangalore
3940 4444 / 6601 4444
Bhopal
3940 444 / 6601 444
Bhubaneswar
3940 444 / 6601 444
Chandigarh
3940 444 / 6601 444
Chennai
3940 4444 / 6601 4444
Coimbatore
3940 444 / 6601 444
Cochin
3940 444 / 6601 444
Cuttack
1800 345 1000
Delhi
3940 4444 / 6601 4444
Ernakulam
3940 444 / 6601 444
Gurgaon
011 - 39404444 / 011 - 66014444
Guwahat
1800 345 1000
Hyderabad
3940 4444 / 6601 4444
Indore
3940 444 / 6601 444
Jaipur
3940 444 / 6601 444
Jalandhar
3940 444 / 6601 444
Jalgaon
1800 345 1000
Kanpur
3940 444 / 6601 444
Kolkata
3940 4444 / 6601 4444
Lucknow
3940 444 / 6601 444
Ludhiana
3940 444 / 6601 444
Mumbai
3940 4444 / 6601 4444
Mysore
1800 345 1000
Nagpur
3940 444 / 6601 444
Noida
011 - 39404444 / 011 - 66014444
Patna
3940 444 / 6601 444
Pune
3940 4444 / 6601 4444
Rajkot
3940 444 / 6601 444
Siliguri
1800 345 5000
Surat
3940 444 / 6601 444
Thiruvananthpuram
1800 345 1000
Vadodara
3940 444 / 6601 444
Vishakhapatnam
1800 345 1000

Standard Chartered Website
www.standardchartered.com
www.standardchartered.co.in (India website)

| | |

---This post is sponsored by BlackBerry Bold 9000 Phone, Black (AT&T), AMAZON MP3 DOWNLOADS huge selection , America's Wholesale Oil Painting, Oil and Gas News & Income Tax Return

Labeles: Standard Chartered Bank in India, Standard Chartered Bank Credit Cards, Standard Chartered Bank Website, Standard Chartered, Standard Chartered Bank, Standard Chartered Bank India, Standard Chartered ATM, SCB, Stan C, Stanc

Lending slows down, investment goes high in Indian Banks

2009-02-15T12:40:00.000-08:00

The latest data released by the RBI recently reveals that 30, 66 % of the incremental demand and time deposits that amounts to Rs 25,596 cr were invested in statutory liquidity ratio (SLR) instruments, which consist of government and other approved securities.

In the last fortnight of October last year that was just after the global credit crisis, SLR investment had contracted through the banks had mobilized more than Rs 27,000 cr through demand and time deposits.

In recent few weeks the SLR portfolio of banking system has increased to somewhat 28.9% as against what was in October as only 25.8%.

In contrast, by end of Jan 2009, year-on-year credit growth was estimated to be at 19.3% as against 29.8% during the fortnight ended November 28 last year.

The following is the bank investment in MF instruments:

Oct 2008 – Rs 4,506 cr
Nov 2008 – Rs 11,521 cr
Dec 2008 – Rs 10,718 cr
Jan 2009 – Rs 23,855 cr

---This post is sponsored by Levi's Men's 550 Relaxed Fit Jean, Knowledge Herald & Masterpiece Oil Painting

38 billion rupees for state-run banks

2009-02-15T05:57:00.000-08:00

The Indian government is ready to infuse Rs 38 billion into 3 state-run banks by March end 2010. This was said by a minister recently. It will be an help to their shares to extend gain in the market that has ended almost unchanged.

The Indian banks have been unable to raise fresh equity after the global crisis. But these banks have adhere to the RBI’s capital adequacy rules and at the same time meet the rising demand for loans required to prime the slowing economy.

The Home Minister Palaniappan Chidambaram on Wednesday said the union cabinet has approved a proposal to put the funds into UCO Bank, Central Bank of India and also to Vijaya Bank by subscribing to their shares.

Chidambaram also mentioned, “Today accessing the capital market is not a viable option. Capital is required. Therefore, we decided to infuse capital.”

UCO Bank will be getting Rs 12 billion, 4.5 billion in FY09 and the rest 7.5 billion in next fiscal year.

Central Bank will be getting Rs 7 billion in FY09 and the same in the next fiscal year. Vijaya Bank will be getting Rs 5 billion in FY09 and Rs 7 billion in the next fiscal year.

---This post is sponsored by Bare Escentuals Sephora Exclusive Get Started Kit - Fair ($174 VALUE for $60), Metro News & Tamsquare

American Express Bank in India

2008-07-23T22:21:00.000-07:00

Founded in 1850 in New York City and established in India in 1921, this American Express Bank provides high quality travel and financial services. Amex is one of the largest companies in India to have wide network of travel locations in the country. To mention, American Express Travelers cell is the global leader.

Today, the bank operates in more than 130 countries world wide. The main reason for the of American Express is its practice of ‘core values’ by its employees before the word itself entered corporate lexicon. Moreover, according to the company, the bank uphold the highest standards of integrity in its each and every actions.

American Express Snippets

Stock Symbol – AXP
Index - Dow Jones Industrials
Memberships - S&P 500
Industry - Consumer Financial Services

Head Office - American Express Company, World Financial Center, 200 Vesey Street, New York, NY 10285

American Express Travellers Cheques

* Australian Dollar
* Canadian Dollar
* Euro
* Japanese Yen
* Saudi Riyal
* South African Rand
* Swiss Franc
* Pound Sterling
* US Dollar

Amex Bank Official Website

Canada - http://www.americanexpress.com/canada/
Australia - http://www.americanexpress.com/australia/
New Zealand - http://www.americanexpress.com/newzealand/
Hong Kong - http://www.americanexpress.com/hk/
Malaysia - http://www.americanexpress.com/malaysia/
Singapore - http://www.americanexpress.com/sg/
India - http://www.americanexpress.com/india/

---This post is sponsored by AMAZON SHOPPING huge collection, US Banks & Portrait Oil Painting

Bank of India

2008-06-28T02:10:00.000-07:00

Established in 1906 and nationalized in 1969, Bank of India is one of the oldest bank in India. The bank started with Rs 50 lakh capital and only 50 employees in Mumbai. Today, the Bank of India have more than 2594 branches including 93 specialized branches controlled by 48 zonal offices.

Among all the nationalized banks, Bank of India was the first bank to have fully computerized branch in 1989. This Mahalaxmi branch in Mumbai also had ATM facility during that period. BOI is also the first bank to open branch outside India, London: 1946. Even the first to open branch in Europe, Paris: 1974.

The bank came up maiden public issue in 1997. In association with BSE, it also has existence as BOI Shareholding Ltd. to extend depository services to stock broking community.

Bank of India Foreign Branches
• London
• New York
• Paris
• Tokyo
• Hong-Kong
• Singapore

Bank of India Core Banking
• Internet Banking
• Phone Banking
• SMS Banking
• Utility Payment

Bank of India Overseas Branches
• Kolkata
• Chennai
• Hyderabad
• Jalandhar
• Mumbai
• New Delhi
• Visakhapatnam

Bank of India NRI Branches
• Ahmedabad - Gujarat
• Anand – Gujarat
• Bhuj – Gujarat
• Ernakulam – Kerala
• Mumbai – Maharashtra
• New Delhi – Delhi

Bank of India Official Website : http://www.bankofindia.com/

---This post is sponsored by AMAZON ELECTRONICS huge selection, Interior Designers Miami & oil painting Artist Todd Mallett Offers Original Oil Paintings.

Reserve Bank Finds Ways to Ease Inflationary Pressure

2008-06-25T01:15:00.000-07:00

Oil prices may still go up. This should never mean that inflation go further northward of 11%. In fact, measures should be taken to bring it to as low as 5%. According to Reserve Bank of India, it has already started intensive examination of issues and options for keeping in control the demand and ease the inflationary pressure.

Earlier this year, RBI said that its monetary policy targets to keep inflation at around 5.5% this fiscal. Target has failed and inflation broke the record of 13 years showing 11.05%. Lets sit and watch how low the monetary policy brings the inflation.

---This post is sponsored by Beer Opener & Claude Monet Oil Painting

Impact on Market After RBI Raised Purchase Rates

2008-06-17T01:38:00.000-07:00

ICICI Bank stock dipped 3.9% and SBI shares lost 3.6% on Thursday
after the Reserve Bank of India raised its lending rates to control
inflation recently. RBI raised its purchase rate by quarter point to
8% on Wednesday. This reflects the probability of lifting interest
rates, showing credit expansion. Due to this the Sensex fell 2.8% to
14,765.83.

---This post is sponsored by Vikas Web Solutions

ICICI Bank of India

2008-06-11T01:33:00.000-07:00

Established in 1955 as ICICI Limited by the World Bank, Government of India and Indian Industry, ICICI Bank is the second-largest Banks in India. In its initial stage, the bank started for the promotion of industrial development in India by giving projects and corporate finances to industries in India.

The total assets of the bank on March 31, 2008 was Rs. 3,997.95 billion (US$ 100 billion). Its profit after tax for the year ended March 31, 2008 was Rs. 41.58 billion. The Bank’s equity shares are listed on Bombay Stock Exchange and the National Stock Exchange of India Limited in India and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE).

ICICI Bank has more than 1308 branches and over 3950 ATMs in India. Globally it has presence in United States, China, United Arab Emirates, Hong Kong, Singapore, Sri Lanka, Bangladesh and South Africa. The bank’s abroad subsidiaries are in United Kingdom, Russia and Canada.

ICICI Bank Deposits

Savings Account

Life Plus Citizens Savings Account

Young Stars Savings Account

Fixed Deposits

Recurring Deposits

Easy Receives Savings Account

ICICI Bank Loans

Home Loans

Personal Loans

Car Loans

Commercial Vehicle Loans

Two Wheeler Loans

Farm Equipment Loans

Business Installment Loans

ICICI Bank Cards

Credit Cards

Travel Cards

Debit Cards

Commercial Cards

Merchant Services

ICICI Bank NRI Accounts

NRE Savings Account

NRO Savings Account

NRE Fixed Deposits

NRO Fixed Deposits

NRE Recurring Deposits

FCNR Fixed Deposits

Rupee Plus Plan

NRI SmartSave Deposit

RFC Savings Account

RFC Fixed Deposit

Student’s Account

Seafarer’s Account

ICICI Bank Credit Cards

ICICI Pltinum Card
ICICI Golf Card
ICICI Solid Gold Card
ICICI Visa Signature Card
ICICI Platinum Premiere Credid Card
ICICI Toyota Credit Card
ICICI Indiatimes Credit Card
ICICI Bajaj Capital Credit Card
ICICI Kingfisher Airlines Credit Card
ICICI Punjab and Sind Gold Card

ICICI Bank's Official Website : http://www.icicibank.com

---This post is sponsored by AMAZON DVDs huge selection & Your Asian Vacations

HDFC Bank India

2008-06-01T07:07:00.000-07:00

HDFC Bank was one the first banks to get an ‘in-principle’ approval from RBI to set up private sector bank in India. During the era of liberalization of banking sector in 1994, from Housing Development Finance Corporation Limited it became HDFC Bank Limited. It commenced operations as a Scheduled Commercial Bank in early1995.

The bank deals in several products such as home loan, standard life insurance, mutual fund, securities, credit cards etc. Headquartered in Andheri (Mumbai), it has branch offices in all the major cities of India: Kolkata, Chennai, Delhi, Bangalore, Hyderabad and Ahmedabad. Till date the bank has over 468 branches in more than 212 cities of India. HDFC ATMs is accessible by all domestic and international Visa/ Master Cards, Visa Electron/ Maestro, Plus/ Cirrus and American Express Credit/ Charge cardholders.

HDFC India is listed on the Stock Exchange Mumbai and National Stock Exchange. Its American Depository Shares are listed on New York Stock Exchange (NYSE).

HDFC Bank Products

* Savings Account
* HDFC Bank Preferred
* Sweep-In Account
* Super Saver Account
* HDFC Bank Plus
* Demat Account
* HDFC Mutual Fund
* HDFC Standard Life Insurance

HDFC Bank Innovative Services

* HDFC Bank Phone Banking
* HDFC Bank ATM
* HDFC Bank Inter-city/ Inter-branch Banking
* HDFC Bank Net Banking
* HDFC Bank Bill Pay

HDFC Bank Loans

* HDFC Bank Personal Loan
* HDFC Bank Car Loan
* HDFC Bank Used Car Loan
* HDFC Bank Loan Against Shares
* HDFC Bank Two Wheeler & Consumer Loan
* HDFC Bank Home Loan

HDFC Bank Official Website

www.hdfcbank.com

---This post is sponsored by AMAZON COMPUTERS huge selection

ABN AMRO Bank in India

2008-05-27T06:13:00.000-07:00

ABN AMRO Bank, the bank with more than 3,500 branches on the global platform, had a long standing presence in India. It started as ‘diamond financing bank’ in Kolkata in 1920. In 1991, the merger of Algemene Bank Nederland and Amsterdam Rotterdam Bank gave birth to a new name, ABN AMRO Bank.

ABN AMRO Bank is among the top 10 banks in the world in size and strength. Its services are organized globally in three business lines:

Wholesale Customer

Consumer & Commercial Clients

Private Clients & Asset Management

In India ABN AMRO Bank launched its banking in 1991. It offers a comprehensive range of banking products, from retail and investment banking to asset management and private banking.

ABN AMRO Consumer Banking Services

Accounts

Loans

Credit Cards

Direct Banking

Insurance Services

NRI Services

ABN AMRO Credit Cards

MakeMy Trip Go Card

Titanium One Card

Smart Gold Card

One Card

Freedom Card

Adlabs Card

Barista Card

Wellness Card

ABN AMRO Bank Accounts

Savings Account

Easy Draw Fixed Deposit

ABN AMRO Bank Loans

Personal Loans

Home Loans

Business Loans

Car Loans

Credit Line

Overdraft Against your Car

ABN AMRO Bank Phone Banking
Bangalore – 4124 5555
Chennai – 2821 5151
Gurgaon – 411 1111
Kolkata – 4434 1111
New Delhi – (0124) 411 1111

ABN AMRO Bank Websites
Official Website : www.abnamro.co.in

---This post is sponsored by AMAZON CELLPHONES huge selection