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Indian Bank

IL&FS to collect $1 bn for infra debt fund by Sept

IL&FS to collect $1 bn for infra debt fund by Sept
An official says that the IL&FS Financial Services expect to collect $1 billion of its targeted $5 billion infrastructure debt fund by September. The IL&FS Infra Asset Management which manages the infrastructure debt fund has planned to collect around $1 billion and hopes to increase the overall amount of $5 billion under management in the [...] Continue Reading »

Indian Bank puts Gautham Menon’s property on the block

Indian Bank puts Gautham Menon’s property on the block
A property belonging to film producer and director Gautham Vasudev Menon in Adyar is at auction by The Kotturpuram branch of Indian Bank which is also inviting tenders for it. The auction process for the property located on First Main Road in Indira Nagar, has begun with the tender value being quoted at 12.26 crore, [...] Continue Reading »

Public sector banks cut home loan rates

Public sector banks cut home loan rates
In order to boost demand in the economy,  public sector banks have either cut interest rates or waived home loans processing fee in response to Reserve Bank of India’s (RBI) monetary policy and finance minister P Chidambaram initiative to revive growth. Several lenders have cut interest rates for home loans such as Bank of Baroda, Bank [...] Continue Reading »

Real estate exhibition held in Chennai

Real estate exhibition held in Chennai
The 10th edition of Eyeball’s Budget Home 2012 was recently held at the Chennai Trade Centre. The three-day property expo was organised by Eyeball Media Private Ltd, a prominent organiser of lifestyle events. Budget Home 2012 was designed to offer a wide range of affordable properties to the home buyers. The organisers expected a footfall [...] Continue Reading »

Property tax payment much easier in Chennai

Property tax payment much easier in Chennai
Yet another easy mode of property tax payment in Chennai! Tax payers you can sigh a relief now, with a new mode of property tax payment. The mode of payment is that, several lakh residents can now pay property tax across 13 banks in India. The 13 banks include Indian Bank, Canara Bank, Indian Overseas [...] Continue Reading »

Paying property tax made easier in Chennai!

Paying property tax made easier in Chennai!
Soon, paying property tax in Chennai is going to be an easier task, thanks to the city corporation. The Chennai Corporation has taken this initiative of appointing at least five public and private sector banks for collecting payment of property tax. The facility is planned to be launched after Pongal. The participating banks would be [...] Continue Reading »



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