Reliance Android Tablets For Rs 3000 ($60) By 2012

Introduction of tablets has revolutionaries the tech world in last few years. Its growing demand and acceptability in the world wide market is attracting more people to get into this business. The recent launch of ‘Aakash’ by Indian government is been considered as the worlds cheapest tablet computer for students. Now Reliance Industries Limited (RIL) is planning to launch a …

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Approval From RBI Will Introduce White Label ATMs In India

In order to boost the banking facilities in the country, Finance Ministry have proposed the Reserve Bank Of India (RBI) for the introducing of white-label ATMs. What Are White Label ATMs? White Label ATMs also known as no name ATMs or common ATM’s. Setup and maintained by private ATM service providers these ATMs would not belong to any particular bank. …

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Fed Oriental Pravasi Insurance – New Insurance Product In India For NRI Customers

Federal Bank and Oriental Insurance company, the two established brands of the industry have come up together to bring a new insurance product in the market for their NRI customers. This tie up of banking and insurance sector to offer specially designed services to its customers has named as ‘Fed Oriental Pravasi Insurance’. As name suggest it is an insurance …

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Latest IRDA Update On ULIP : Discontinued ULIP Policies Will Now Get Interest

As per the IRDA latest notification, holder of unit linked insurance plan (ULIP) who have discontinued their policy will get a minimum guaranteed interest on the fund value as applicable to savings bank accounts of State Bank of India (SBI) from the date the policy has discontinued. The Insurance Regulator and Development Authority (IRDA) have addressed the life insurance companies …

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Union Cooperative Banks In India Will Provide Money or Currency Conversion Services

Reserve Bank of India has provided the necessary permission to all the Urban Cooperative Banks (UCBs) in India to provide money or currency conversion services. This will help provide better facilities to the tourists who visit India and also the Indians who visit other countries. This will also help these banks increase their revenues as well as the money conversion …

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RBI Have Announced Cheaper Loans For Exporters

To save the interest of labour oriented and small scale exporters at the time of slowdown at major markets of the world. The Reserve Bank of India (RBI) have announced 2% interest subsidy to the exporters of handicrafts, handlooms and carpets till 31 March 2012. Now exporters in the small and medium enterprises will be able to get loans at the …

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SBI Proposed To Raise Rs 5000 Crore From Right Issue By March 2012

State Bank Of India (SBI), India’s largest lender has proposed to raise Rs 5000 crore via right issue by the month of March 2012 to attain the 8% capital adequacy. Being Government the largest shareholder with 59% equity, SBI has put forward this proposal to the Government. But as of now no official statement has been made by the Government …

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Get Loans At Cheaper Rates Based On Your Credit Score

Your Credit Score is one of the leading factor which almost all financial institutions take into consideration while handling loan requests. CIBIL maintains financial data of every individual and generates report on request. CIBIL score ranges from 300 to 900, higher the score of yours, better are the chances for you to get the loan. As higher score reflects good …

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Now UID Cards Will Be Engraved Polyvinyl Cards Instead Of Printed Paper Cards

Government of India has now decided to issue polyvinyl cards which will contain the unique 12 digit UID number engraved in the barcode format instead of the paper card with government logo and printed 12 digit Aadhaar number. Earlier the citizens enrolled for the Aadhaar has received there UID in the form of a laminated Identity cards via post. Now …

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Enlighten Your Future By Resorting To Student Loans – Know Your Options

With the rising education costs and tuition fees in the US, an increasingly large number of students are resorting to student loans. Both the parents and the students are going through a credit crunch due to which they have very less cash at their disposal that they can use to complete their higher education or earn a college degree. If …

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