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	<title>Property News India and Featured Real Estate Stories &#187; Waiving processing fees</title>
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		<title>Banks luring Customers with Festive Offers</title>
		<link>https://groups.commonfloor.com/news/banks-luring-customers-with-festive-offers-6907</link>
		<comments>https://groups.commonfloor.com/news/banks-luring-customers-with-festive-offers-6907#comments</comments>
		<pubDate>Mon, 22 Aug 2011 05:52:37 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Bangalore based Vijaya Bank]]></category>
		<category><![CDATA[Bank customers]]></category>
		<category><![CDATA[Bank of Maharashtra]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Banks lowered their credit growth targets]]></category>
		<category><![CDATA[Banks luring customers]]></category>
		<category><![CDATA[Bulk deposits]]></category>
		<category><![CDATA[Festival bonanza for its depositors]]></category>
		<category><![CDATA[Festive offers by banks]]></category>
		<category><![CDATA[Higher interest rates]]></category>
		<category><![CDATA[home loan]]></category>
		<category><![CDATA[Home loan customers]]></category>
		<category><![CDATA[Home loan mela]]></category>
		<category><![CDATA[Home loan scheme]]></category>
		<category><![CDATA[ICICI Bank]]></category>
		<category><![CDATA[Increasing interest rates]]></category>
		<category><![CDATA[Policy Rates]]></category>
		<category><![CDATA[Private sector lendor]]></category>
		<category><![CDATA[Public sector lender]]></category>
		<category><![CDATA[Pune]]></category>
		<category><![CDATA[Pune based Bank of Maharashtra]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>
		<category><![CDATA[Union Bank of India]]></category>
		<category><![CDATA[Vijaya Bank]]></category>
		<category><![CDATA[Waiving processing fees]]></category>

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		<description><![CDATA[Several banks had reduced their yearly business growth targets following slowing in credit offtake on account of increasing interest rates. The Reserve Bank of India has raised policy rates 11 times in the past 16 months, making funds dearer. Banks are looking to boost credit growth, which has suffered due to high interest rates. Most [...]]]></description>
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