full name of icici, hdfc, idbi and axis bank
Banking

Full Forms of ICICI, HDFC, AXIS and IDBI Bank

We are well aware about the different banks that we are dealing with everyday. However, there are very few people who are actually aware about the names of the banks. Majority of the banks use the abbreviation of their names for business purpose and here are full forms/names and few details of such banks. Full names of ICICI, HDFC, Axis and IDBI bank are given below. ICICI Full name of this bank is Industrial Credit and Investment Corporation of India Limited (ICICI) which was established in 1955. It was established to promote business and housing in India by the Government of India in association with the World Bank. However, it was established as a Financial Institution that took care of the small and middle scale business investment. However, the ICICI Bank joined the banking in 1994 as the RBI liberalization took over India. It is a global bank and has branches across the world. HDFC The full name of this bank is Housing Development Finance Corporation (HDFC) that was incorporated in 1977. Even though the company was set up for the housing finance but became a bank in 1994 after the private bank liberalizations took place in India. It is […]

Top 10 Private Sector Banks In India
Banking

Top 10 Highly Favoured Private Sector Banks in India

Although people in India find more security and comfort with nationalized or Government banks, private sector banks are also favored by those who look for good customer support and quality service. In my experience, State Bank of India is the only Government bank that could match the standards set by Private Banks in terms of customer support and services offered. Private Sector banks are also preferred as they offer a customer-centric and quality based products that not only serve great return on investments, but also add a good lot to the countries national income, hence improving the country’s economy. Today, we bring you a list of top 10 Private Sector banks in India based on the customer satisfaction and quality of banking products offered by these banks. Best Private Banks In India: 1. HDFC Bank HDFC Bank was established in the year 1994 by Mr. Hasmukhbhai Parekh, a Padma Bhushan holder, at the time when the Government gave a thumbs up to the private banks. Since then, HDFC (Housing Development Finance Corporation) Limited has been a trustworthy bank offering all the major banking products such as Insurance, Credit Cards, Loans, FOREX services, Premium Banking, Private Banking etc. Currently, the bank […]

tranfer bank account to other branch
Banking

How to transfer bank account to another branch

Banking sector in India has undergone a massive success in the past some time and this gets quite clear from the increasing count of banking customers. Indian banks have got a number of impressive features to offer. Out of them, one is to let you transfer bank account from one branch to another. Yes, this is actually possible! Before the aforesaid facility was available, it was observed that a number of people had to open new bank account on changing their residence. They just could not get their bank account shifted to another branch. To remove this hassle, RBI came up with a solution. Thanks to that solution that you can now transfer bank account from one branch to another. Learn: How to transfer money from SBI ATM to ATM of Other Banks By the way, the facility is known as Bank Account Portability. Before presenting you the complete process on how to avail the service, I am giving you the below section to enhance your knowledge regarding this topic. Bank Account Portability All banks in India were directed to follow centralized customer identification system. This was directed by RBI in 2012. With this system, bank can access details of […]

bob po recruitment
Banking

Bank of Baroda Recruitment 2015 – 1200 PO Vacancies

Bank of Baroda (BoB) is the second largest bank in India whose headquarter is located at Vadodara, Gujarat. Good news for qualified young candidates who want to make career in banking sector, bank of Baroda issued an exam notification for the recruitment of 1200 Probationary officers. On the basis of the examination, Selected candidates will have to undergo for One year Post Graduate Diploma in Banking and Finance course in Baroda Manipal School of Banking at any part of the country after decision of BOB. After completion of course, candidates will be appointed as a Probationary Officer at any location in India. Student Intake: General SC ST OBC Total  606  180  90  324  1200  Age Limit: Minimum Age 20 Maximum Age 28 Note: Age relaxation of 10-15 Years for PWD, 5 years for SC/ST and 3 years for OBC candidates as per latest govt rules. Education Qualifications: Graduation with minimum 60% (55% for SC/ST/PWD) marks in any stream from a recognized University OR any equivalent qualification known by Central Government of India. Candidates appearing final year of graduation may also submit application for examination, but their final selection will be made only if  they pass exam and produce their Graduation […]

top 5 banks in india
Banking

Top 5 Best Banks to Open Savings Account in India

Today almost everyone has a savings bank account. Still, a question arises in my mind. The question is, “How many of you gave it a real thought before opening your savings account?” Although, the banks in India are different in their own terms seldom does anybody give it a real thought while choosing a bank to open their savings account? Before opening a savings bank account you must be aware of the facts that there are many banks entering the market with attractive offers to the new customers. Most of these offers are short-term while some are really worth it. With so many popular Banks out there, it is very likely to get confused while choosing the right one. To clear all your confusions you must consider the following factors before selecting a bank to open your savings account. Factors That May Help You Choose the best Bank for a Savings Bank Account: The bank must have a good brand name in the industry. You’re going to deposit your savings in the bank and hence it is very important to make sure that it’s safe in the bank. Reputation is the key element while choosing a bank. The Internet revolution […]

Banks with High Interest Rates on Fixed Deposits
Banking

Banks with High Interest Rates on Fixed Deposits

Fixed Deposit is the best way for all of us to save the money in the bank, and enjoy good interest rate on it. This is far better than saving money in regular Savings Account, because of the difference between the interest rate of two. In Indian Banking sector, there is a very tough competition between the banks. The competition between different banks is the major reason why we can enjoy a good interest rate on FD. Different banks in India offer a different interest rate on Fixed Deposit, and their terms and conditions are also different, of course. If you want to become a smart investor, then you must open a fixed deposit in the bank that offers the highest interest rates. Not sure which banks in India offer high-interest rates on Fixed Deposits? The below list will help you for sure. 1. State Bank of India The ‘State Bank of India‘ is the most popular bank in India. It has more customers than any other bank in India has. SBI offers different interest rates for normal public and senior citizens. The Fixed Deposit period varies from 7 days to 10 years. SBI’s FD Interest Rates vary with time […]

Banking

How to Apply for IBPS Bank CWE PO/MT-III Exam

Looking for a job, but are failed so far in getting it? Here is a new opportunity for you. Institute of Banking Personnel Selection (IBPS) is going to take an exam for the post of Probationary Officers/ Management Trainees 2014. The application process has started. In case you want to apply for it, then this guide is nothing less than a boon for you. This guide will teach you how to apply for IBPS Bank CWE PO/MT-III Exam. Before I provide the guide, go through some important points written below. Some Important Points to Take Care of The application fees for this particular exam is Rs. 100 for SC/ST/PWD candidates. For rest, it’s 600 Rs. Fees can be paid both online and offline. Make sure to have an email ID of your own. This is highly necessary, as this is the mode of communication that will be used by IBPS. Moreover, keep scanned copies of your signature and photographs ready. Once you have all these things ready with you, just read out the below process on how to apply for IBPS Bank CWE PO/MT-III Exam. How to Apply for IBPS Bank CWE PO/MT-III Exam First of all, head over to the […]

Banking

5 Banks That Provide Best Car Loans

Today’s life is surrounded by things that are meant to give you comfort. Technology has changed the lifestyle, and everyone wants to adopt that high lifestyle. You can be the point of attraction, you can taste the high-level lifestyle by becoming the proud owner of the car. Oh! So you are looking to buy a car, but lack of funds is the problem you are facing? Well, don’t panic! The car loan is meant to help you. You can be financially able to buy a car by taking a car loan from any bank. Of course, you should opt for the bank that provides the best car loans. By best, I mean the car loan in which you pay a low interest rate while getting high-quality and speedy service. There are many banks in India which run different schemes to attract the customer. Here is the list of five banks that provide the best car loans. 1. State Bank of India Whether you want to buy Multi Utility Vehicles or SUVs, you can get a loan from SBI. The interest rate of SBI is only 10.70 percent, and the maximum that you can get the loan is 48 times your […]

Banking

State Bank of India Recruitment 2020- SBI 5092 Clerk Vacancies

State Bank of India is one of the best Multinational government Bank of India. Every year, Sbi recruits thousands of Bank Pos and Clerks. Numerous young candidates every year prepare for SBI Recruitment. Good news for young candidates who are preparing for state bank of India clerk jobs, HR Department officer of SBI recently make an announcement for the recruitment of 5092 clerks in various SBI Bank offices in India. Sbi clerks recruitment 2014 is confirmed by many news channels. If you want a job in banking clerical line, start preparing for the exam from now. You can see full official sbi clerk recruitment notification from the official website of State Bank of India. Educational Qualification: For SBI clerical Jobs, Candidates Must have secured 60% aggregate marks in 12th OR diploma (after 10th) Or any  Equivalent. (55% For ST/ST/PWD/XS Candidates).                                                  OR Pass in any degree (B.Tech, B.A, B.COM, BCA, B.SC Any). Age Limit: Candidates having age in between 20 to 28 Years can apply for these vacancies. Age relaxation of  5 years for SC/ST, 3 Years For OBC, 10 Years for PWD and 3 years for ex-serviceman candidates will be applicable. Selection Procedure: First, State bank of India will conduct […]

Banking

Top 10 Banks in India

It’s not any hidden fact that banks have become an important part of our life. We just can’t imagine life without banks. If you want to save your hard-earned money, then you can’t find any better option than a bank. Come on, what can be better than the fact that in banks, your money is completely secure and you earn interest on your saved money. Along with the saving money, the bank loans are nothing less than a boon for us. We can take loans to get the things that we desire to get. No need to compromise at all. All the plus points of the bank are the reasons why the banking sector is following the up curve rapidly. Read: Top 5 Best Banks to Open Savings Account in India Talking about the Indian banking sector, one has got many options to choose from. The interest rate that you get on your saved money, the interest rate that you need to pay on your loan amount, varies from one bank to another. If you are living in India, then you must be curious to know about top banks available for you, right? Here is the list of top Banks […]