home page 





book store



what's new


    banking    overview | news | basics | lendings |advanced banking | products | IT in banking  
articles & policies | banking software| deposits| bank directory| internet banking| bank results| banking & you

If you will like detailed profile, products of your company to be featured here, contact us at associate@banknetindia.com

CLICK HERE for Insurance Products

ICICI Bank has launched `Global Indian Credit Card' for NRIs. It is an international credit card denominated in Indian rupees and will cater to NRIs visiting India. It can be issued in both India and overseas. The card is available in two variants — Silver with maximum credit limit of Rs 1,00,000 and Gold with maximum credit limit of Rs 3,00,000. The cards also provide insurance, which includes household insurance, baggage insurance and hospitalisation benefits for both primary and add-on cards up to Rs 20 lakh. The card will be accepted at 22 million merchant establishments and the re-payment for purchases can be made through an automatic debit of the customer's savings account.

Bank of Rajasthan (BoR) has launched international credit card operations in December 2005. Bank has joined hands with Visa International to facilitate real-time transaction through Visa gateway. Bank of Rajasthan will offer three types of international credit cards - Silver Card, Gold Card and Platinum card. Their features include hospitalisation expenses covered up to Rs 50,000, baggage insurance expenses up to Rs 30,000, purchase protection up to Rs 40,000 and 30 per cent credit limit against cash advance. It has also tied up with Electra Card Services (ECS) to provide complete back-end support for the bank’s credit card business.

SBI Card in March 2005, launched a credit card, SBI Social Card, the first affinity card in the country to feature four non-governmental organizations (NGOs). The social card allows the cardholder to donate to the NGOs every time they use it. The card will earn the customers double reward points. While one half will go to the NGOs. SBI Card will donate 20 per cent of the annual fees or renewal fees to the NGOs. Moreover, customers also have the option to issue standing instructions for a fixed amount to be donated to any of the NGOs.

The non-governmental organisations that have the tie-up with SBI Card are Cancer Patients Aid Association, National Association for the Blind, SOS Children's Villages of India and World Wildlife Fund, India.

National Securities Depository Ltd (NSDL) and IDBI Bank have launched country’s first online direct tax payment facility. This facility will enable individuals as well as corporate tax payers, to make payments for income tax, corporation tax, gift tax, tax deducted at source (TDS) etc over internet. The details entered by the assessee would be validated by NSDL and control would be passed to IDBI bank through a secure payment gateway. The bank will debit the customer account after authentication and completes the payment of tax to the government as an agency bank for which it will be paid a service charge.

IDBI bank also plans to migrate this facility to other channels like mobile phones and ATMs. State Bank of India (SBI), Corporation Bank, Punjab National Bank and Bank of India are expected to soon roll out online direct tax payment facility.

we have earlier featured new products launched by: State Bank of India, Allahabad Bank, Dena Bank, IDBI Bank, Deutsche Bank, Standard Chartered Bank, HSBC, Indian Bank, Syndicate Bank, HDFC Bank, Citi Bank, Corporation Bank, AMEX, ANZ Grindlays, BNP Paribas, ICICI Bank, Bank of Baroda, Commerz Bank, Federal Bank, PNB, PSB, SBH, Global Trust bank, IndusInd, HDFC Standard Life Insurance, Tata Finance, ICICI Prudential Life, HDFC, Karur Vysya Bank, OBC, IBM, ABN AMRO, SBI Card, Deutsche Bank, Birla Sun Life Insurance, HCL Infosystems, MAX New York Life, Oriental Insurance, SBT, Shamrao Vithal Co-operative Bank, Intel, Bank of Punjab, Union Bank of India, UCO Bank, Muscat Bank,Canara Bank, PricewaterhouseCoopers, ICRA, Deutsche Bank, Tata AIG Life, Royal Sundaram Alliance, New India Assurance, SBI Life Insurance, ECGC & MasterCard International, BOB Cards, Lakshmi Vilas Bank, OM Kotak Mahindra Life, Thomas Cook, Jammu & Kashmir Bank..........

Kindly send your comments/Product details/Press releases to us at: info@banknetindia.com

Advertise | Book Store | About us | Contact us | Terms of use | Disclaimer

© Banknet India | All rights reserved worldwide.
Best viewed with IE 4.00 & above at a screen resolution of 800 x 600 or higher