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Definition of 'Capital Adequacy Ratio - CAR'

A measure of a bank's capital. It is expressed as a percentage of a bank's risk weighted credit exposures.

Also known as "Capital to Risk Weighted Assets Ratio (CRAR)." Investopedia explains 'Capital Adequacy Ratio - CAR' This ratio is used to protect depositors and promote the stability and efficiency of financial systems around the world. Two types of capital are measured: tier one capital, which can absorb losses without a bank being required to cease trading, and tier two capital, which can absorb losses in the event of a winding-up and so provides a lesser degree of protection to depositors.

What is ULIP?
Meaning: ULIP or unit linked insurance policy is life insurance plan which combines both insurance cover and investment. Simply put, ULIP provides financial protection along with investment opportunities. The premium in ULIP after the deductions is invested in equity or debt market. In ULIP the investment risk is generally borne by the investor. How does ULIP work? ULIP is combination of risk cover and investment. Generally in a term plan, if you pay premium the specified cover is provided and that is all. However ULIP works differently. A small deduction is made on the premium made by you on account of insurer charges. The major amount is invested into the fund chosen by you and converted into units. The mortality cover and fund management charges and similar expenses are deducted by cancellation of units. The fund is dependent upon equity and debt market for growth. Types of Funds in ULIP: The premium after the deduction is invested into a fund. The fund is basically a debt fund or equity fund or combination of both. The returns in the fund are dependent upon the risk appetite of the policyholder. More returns means more risks. General Nature of Investments Risk Category

Description Equity Funds Primarily invested in company stocks with the general aim of capital appreciation Medium to High

Income, Fixed Invested in corporate bonds, Interest and Bond government securities and other Funds fixed income instruments Cash Funds Sometimes known as Money Market Funds invested in cash, bank deposits and money market instruments Combining equity investment with fixed interest instruments

Medium

Low

Balanced Funds

Medium

Benefits: Death Benefit- In case of death of insured, the Sum Assured and fund value is released to the beneficiary. Maturity Benefit- On maturity of ULIP plan, the fund value along with bonuses if any, is provided to the policyholder. Tax Benefit- ULIP also offers tax benefits under Section 80C and 10(10D) of the Income Tax Act, 1961. The premium paid is deductible from taxable income for maximum amount of Rs 100,000. Conclusion: If you are considering long term investment, ULIP is excellent means to securely invest your savings. ULIP provides insurance cover, investment and tax benefits. ULIP is transparent by nature as you can daily track the net asset value of your fund. ULIP is also flexible as you can manage your systematically manage the invested amount in any type of fund. ULIP does not require your constant attention as your premium is managed by industry professionals.

What is Bank rate? Bank Rate is the rate at which central bank of the

country ( Bank Rate in India is decided by RBI) allows finance to commercial banks. Bank Rate is a tool, which central bank uses for short-term purposes. Any upward revision in Bank Rate by central bank is an indication that banks should also increase deposit rates as well as Base Rate / Benchmark Prime Lending Rate. Thus any revision in the Bank rate indicates that it is likely

thatinterest rates on your deposits are likely to either go up or go down, and it can also indicate an increase or decrease in your EMI. What is Bank Rate ? (For Non Bankers) : Bank Rate in India is decided by RBI. This is the rate at which central bank (RBI) lends money to other banks or financial institutions. If the bank rate goes up, long-term interest rates also tend to move up, and vice-versa. Thus, it can said that if bank rate is hiked, in all likelihood, banks will soon hikes their own lending rates to ensure that they continue to make profit. [Remember Bank Rate is not the same thing as Deposit Rates offered by banks for fixed deposits and recurring deposits. If you are a non banker and have landed on this page while looking at Deposit Rates, please click here to go to correct page i.e. Best Deposit Rates offered by banks for fixed deposits]

What is CRR? or What is CRR Ratio or What is CRR Rate : The Reserve Bank of India (Amendment) Bill, 2006 has been
enacted and has come into force with its gazette notification. Consequent upon amendment to sub-Section 42(1), the Reserve Bank, having regard to the needs of securing the monetary stability in the country, RBI can prescribe Cash Reserve Ratio (CRR) for scheduled banks without any floor rate or ceiling rate ( [Before the enactment of this amendment, in terms of Section 42(1) of the RBI Act, the Reserve Bank could prescribe CRR for scheduled banks between 3 per cent and 20 per cent of total of their demand and time liabilities]. RBI uses CRR either to drain excess liquidity or to release funds needed for the growth of the economy from time to time. Increase in CRR means that banks have less funds available and money is sucked out of circulation. Thus we can say that this serves duel purposes i.e.(a) ensures that a portion of bank deposits is kept with RBI and is totally risk-free, (b) enables RBI to control liquidity in the system, and thereby, inflation by tying the hands of the banks inlending money. What is CRR (For Non Bankers) : CRR means Cash Reserve Ratio. Banks in India are required to hold a certain proportion of their deposits in the form of cash. However, actually Banks dont hold these as cash with themselves, but deposit such case with Reserve Bank of India (RBI) / currency chests, which is considered as equivlanet to holding cash with RBI. This minimum ratio (that is the part of the total deposits to be held as cash) is stipulated by the RBI and is known as the CRR or Cash Reserve

Ratio. Thus, When a banks deposits increase by Rs100, and if the cash reserve ratio is 6%, the banks will have to hold additional Rs 6 with RBI and Bank will be able to use only Rs 94 for investments and lending / credit purpose. Therefore, higher the ratio (i.e. CRR), the lower is the amount that banks will be able to use for lending and investment. This power of RBI to reduce the lendable amount by increasing the CRR, makes it an instrument in the hands of a central bank through which it can control the amount that banks lend. Thus, it is a tool used by RBI to control liquidity in the banking system. Some non bankers also wrongly use CRR Ratio or CRR Rate instead of Cash Reserve Ratio ).

What is SLR? : Every bank is required to maintain at the close of business


every day, a minimum proportion of their Net Demand and Time Liabilities as liquid assets in the form of cash, gold and un-encumbered approved securities. The ratio of liquid assets to demand and time liabilities is known as StatutoryLiquidity Ratio (SLR). RBI is empowered to increase this ratio up to 40%. An increase in SLR also restrict the banks leverage position to pump more money into the economy.

What is SLR ? or What is SLR Ratio or What is SLR Rate : (For Non Bankers) : SLR stands for Statutory Liquidity Ratio. This term is used by bankers and indicates the minimum percentage of deposits that the bank has to maintain in form of gold, cash or other approved securities. Thus, we can say that it is ratio of cash and some other approved securities to liabilities (deposits) It regulates the credit growth in India. Some non bankers also wrongly use SLR ratio or SLR Rate instead of Statutory Liquidity Ratio.

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What are Repo rate and Reverse Repo rate?


Repo (Repurchase) rate is the rate at which the RBI lends shot-term money to the banks against securities. When the repo rate increases borrowing from RBI becomes more expensive. Therefore, we can say that in

case, RBI wants to make it more expensive for the banks to borrow money, it increases the repo rate; similarly, if it wants to make it cheaper for banks to borrow money, it reduces the repo rate Reverse Repo rate is the rate at which banks park their short-term excess liquidity with the RBI. The banks use this tool when they feel that they are stuck with excess funds and are not able to invest anywhere for reasonable returns. An increase in the reverse repo rate means that the RBI is ready to borrow money from the banks at a higher rate of interest. As a result, banks would prefer to keep more and more surplus funds with RBI. Thus, we can conclude that Repo Rate signifies the rate at which liquidity is injected in the banking system by RBI, whereas Reverse repo rate signifies the rate at which the central bank absorbs liquidity from the banks The policy announcements on 03/05/2011, indicates that now repo rate has become the only independent variable policy rate, marking a shift from earlier method of calibrating various policy rates separately. The reverse repo rate -- the rate at which RBI borrows will be kept 100 basis points lower than the repo rate. On the other hand Marginal Standing Facility (MSF) rate will be kept 100 basis points higher than the repo rate.

What is Inflation?
Inflation is the increase in the value of the goods and services over a period of time. Inflation decreases the purchasing power of currency. That implies that the goods or services have to be bought by shelling out more money. The goods prices have increased but the currency power has not changed which would result in paying more for the same goods. Inflation is a gradual process taking place over the years. Causes of Inflation: There are many intricate and complicated dynamics of economics that cause inflation. Some of the causes include misbalanced supply and demand, increase in production and distribution costs, increase in tax on goods and services, unstable political or economical environment etc. Effects of Inflation: Inflation has the worst effect on the consumers. Since the price of commodities have increased, it becomes hard for the consumers to afford the basic commodities. The consumers have no choice but to ask for rise in

wages which might not be possible. That is why government tries to decrease or control inflation. Whenever inflation increases, it is observed that many changes are introduced in the monetary and fiscal policies. Such changes do not bode well for the overall economic development of the economy. How to Tackle Inflation? Inflation results in increased value of goods and services. The customer has to take proactive steps so that inflation does not overwhelm him. By investing in such a way that the rate of return on investment is more than inflation rate, one can make sure that he is not affected by the ever changing inflation. What is Deflation? Published July 16, 2008 | By Tim McMahon

In common usage deflation is generally considered to be falling prices. But there is much more to it than that. Often people confuse deflation with disinflation or with Depression (as in the Great Depression). These three terms are related but not synonymous. According toInvestorwords.com the definition of Deflation is a decline in general price levels, often caused by a reduction in the supply of money or credit. Deflation can also be brought about by direct contractions in spending, either in the form of a reduction in government spending, personal spending or investment spending. Deflation has often had the side effect of increasing unemployment in an economy, since the process often leads to a lower level of demand in the economy. The opposite of inflation.

What Causes Deflation? Although everything said above is true it doesnt present the true nature of deflation. It tries to define it by presenting several possible causes. For a true understanding of both Inflation and Deflation we need to understand Supply and Demand. Just like every other commodity there is a supply of and a demand for Money. In this article I am not going to address the issues of what true money is, for the sake of this article we will assume money is simply something other people are willing to accept in exchange for goods or services. Price levels are the direct result of the relationship between the supply and the demand for any given item. But the value of the money used to pay for those items is also subject to the same relationship. For the sake of simplicity lets assume that we are on an island and there are ten equally desirable goods in our universe and ten $1.00 bills available to purchase them with. We can safely assume that each item will end up costing $1.00 each. If the quantity of money increases to $20 (without increasing the quantity of goods) the price of the goods will increase to $2.00 that is inflation. If, however, the quantity of money decreases to $5.00 the price will fall to 50 (deflation). This is what the first part of the above definition is referring to. The money supply can also be reduced if someone on our island hoards half of it and refuses to spend it on anything no matter what. This is the second part of the definition (reduction in spending). So far we have only looked at part of the equation, the supply of money. But what happens if the quantity of goods available increases? What if instead of having ten items we build ten more? We now have twenty items and only $10. 00 so once again each item is worth 50. This form of deflation is the good type. Everyone assumes that deflation is bad because the last major deflation that we had was during the Great Depression so deflation and Depression are synonymous in many peoples minds. In actuality if prices go down because the goods can be manufactured more cheaply this ends up increasing everyones wealth. This is exactly what happened in the late 1990s , with cheap productivity available from former Communist countries the quantity of goods is increased while the money supply increased at a slower rate. What about Demand? What about the demand for goods? If everyone on our island already has one of the items available and no one needs any more, naturally the price will also fall as sellers try to find someone to take them off their hands. So far we have dealt with the supply of money, the supply of goods and the demand for goods, but what about the demand for money?

Is it possible that the demand for money could increase or decrease? Generally, the demand for money is measured by how much people are willing to pay to borrow it (i.e. interest rates). If inflation is high, interest rates will have to be higher to compensate for the loss of purchasing power. But also if the demand for money rises banks can charge more to loan it. Conversely, if the demand for money falls interest rates will also fall. So there are four causes for Deflation. 1. Decreasing Money Supply 2. Increasing Supply of Goods 3. Decreasing Demand for Goods 4. Increasing Demand for Money Note: Increasing demand or decreasing supply of money have the same result i.e. tight money either way people want more money than is available. Both could also result in (or cause) higher interest rates. But the higher interest rates should also tend to balance (or decrease the demand for money because it is now more expensive). In other words as interest rates rise at some point the demand drops off because people dont want it bad enough to pay such high rates. Is Deflation Good or Bad? Actually, deflation itself is neither good nor bad. It depends on the cause of the deflation whether people will suffer or rejoice. As I said, if the cause is increasing supply of goods that would be good. Another example of this is in the late 1800s as the industrial revolution dramatically increased productivity. However, if deflation is caused by a decreasing supply of money as in the great depression, that would be bad. The stock market crash sucked all the liquidity out of the market place, the economy contracted, people lost their jobs and then banks stopped loaning money because people were defaulting. The problem compounded as more people lost their jobs and money supply fell further causing more people to lose their jobs, etc. etc. Note: During the Depression demand for money was high (but no one could afford it) because supply was low. So deflation can be caused by several different things and thus can be good or bad depending on the cause.

KYC
Have you started receiving mailers from your banks or brokers asking for information to be KYC compliant? If you havent yet received them, then you

will soon see these mailers coming to you. So, it might be a good idea to read through this article so you know what to do when you get the mailer. KYC- Sounds Catchy, but whats that? KYC is an acronym for Know Your Customer. This is a means of Customer Identification process. As per the guidelines prescribed by SEBI under the Prevention of Money Laundering Act, 2002, all financial institutions and intermediaries including Mutual funds have to Know Their Customer. What this means is that the financial institutions need to have information about their customer pertaining to identity, financial status, occupation and address details backed by documental evidence or proof. Once submitted, this information will be verified. The Mutual Fund industry has appointed CDSL Ventures Ltd. (CVL), a wholly owned subsidiary of Central Depository Services (India) Ltd., to carry out the compliance procedure. CVL has created POS or Point Of Service locations to accept the application forms, verify the documents and provide acknowledgement. The list of PoS is displayed on the websites of mutual funds, CDSL and AMFI. This step has been taken by SEBI to prevent criminal elements for misusing the investments for money laundering activities. KYC Compliance was made mandatory for individual as well as non-individual investors from Feb 2008 for any mutual fund investments above Rs 50,000. However, with effect from January 2011, this has been made compulsory for all mutual fund investments irrespective of the amount. Applicability of KYC norms See following table for Applicability of KYC norms: Category of Investors Up to December 31, 2010 Rs. 50,000 and more W.e.f. January 1, 2011 Any Amount Any Amount Any Amount Any Amount

#1,2

Resident Individuals

Non Resident Investors or Persons of Indian Any Amount Origin * Investors investing through Channel Partners/Channel Distributors Non Individual Investors (Corporates, Partnerships, Trusts, HUF, etc.) Any Amount Any Amount

#1- In case of Joint Account holders, all the account holders needs to be compliant.

#2- In case of minors, the guardian should be compliant. Once majority is attained, then the individual needs to complete the KYC compliance. * For investors investing through Power of Attorney (POA), the POA issuer and the POA holder need to be compliant. Indian Citizen What Do I Do? Ok, So I have got an overview of KYC. And yes, you are so right. I have been receiving mailers on KYC. Now what do I do? Where do I go from here? The following section gives answers to all those questions. So, lets say, Nila, an Indian citizen wants to be KYC compliant. Here is the step wise procedure of how she will need to proceed STEP #1: Obtain the KYC compliance form from websites of all Mutual Funds, AMFI or CDSL. Hard copies of these are also available with the distributor/ brokers. Or you might have received them from your broker. STEP #2: Nila needs to fill in the required details such as Name, Date of Birth, Nationality, Residential status, Pan Number, Address or contact details and information on income. The completed form needs to be submitted at Point of Service or POS Center set up by CVL along with the self- attested copies of documents evidencing Proof of Identity and Proof of Address. AMCs also accept the forms at the Investor Service Centers. STEP #3: If one cannot submit the form personally, then completed form along with attested copies of the required documents can be mailed to the POS. STEP #4: Upon receipt, the documents will be verified with the original and an acknowledgement will be given to Nila. In case the documents are mailed, then the KYC acknowledgement is mailed by post at the mentioned address. STEP #5: Nila needs to now attach the KYC acknowledgement along with the investment application form of the mutual fund. She has to submit the KYC acknowledgement to her existing mutual funds. STEP #6: Once she submits the KYC acknowledgement, this will be registered against her folio or account. In case of multiple accounts, she has to inform the mutual fund to update all the accounts. NRI What Do I Do? Nilas friend Veena stays in the US. Upon hearing about the requirement she calls Nila to know more about it. Having just completed the procedure, Nila gives her detailed information about the KYC compliance. She mentions that since Veena would fall under the NRI category, following are the documents she needs to provide Certified True copy of the Passport Certified True copy of the Overseas and Permanent address Documents need to be attested by the Consulate office or overseas branch of Scheduled Commercial banks registered in India. Few More Points 1) The procedure and document requirement for Person of Indian Origin or PIO is same as that of NRI.

2) If any documents of NRI or PIO are in foreign language, then the same needs to be translated in English for submission. 3) In case of change in any information like address, income details or any other information, the nearest POS needs to be informed about the same by submitting necessary documental evidence. AMCs have full authority to reject any transactions if there is no KYC compliance. So, all you people, get KYC compliant. I will say Its about time!

NEFT and RTGS are the two convenient modes of money transfer
between banks in India. The acronym RTGS refers to for Real Time Gross Settlement, it is a unique and popular fund transfer mechanism which enables the transfer of money between two banks on a real time and on gross basis. NEFT is the abbreviation for National Electronic Funds Transfer which is an online system for transferring funds between financial institutions. This system was introduced in 2005 and is highly improved version of EFT (Electronic Funds Transfer) which was confined to a select centre. The fundamental difference between RTGS and NEFT which can be clearly educed from the above definitions is that RTGS is based on gross settlement and NEFT is a net-settlement process. RTGS is the swiftest money transfer system through the banking channel as it is done in real time (push transfer), while NEFT being net based is comparatively slower than RTGS. In RTGS payment transaction will not involve any waiting period which is the true meaning of real time settlement. Under normal circumstances the transactions are settled as soon as they are processed by remitting bank. The transaction is settled on one-one basis without clustering any other transaction making it a Gross settlement. The transaction is considered irrevocable as the money transfer occurs in RBI records. NEFT functions on a deferred net settlement (DNS) basis where transactions are completed in batches at specific times. These settlements takes place at a particular point of time and all transactions are held up till that time Another significant factor that differentiates RTGS and NEFT is fixing a floor limit. RTGS is an exclusive message based transfer mechanism for an amount over Rs 2 lakhs i.e the minimum amount to be remitted through RTGS is Rs.2 lakhs. There is no upper ceiling for RTGS transactions. Contrary to that, NEFT is used mainly to transfer funds below Rs 2 lakhs, and this

system is most commonly used for smaller value transactions involving smaller sum of money i.e from an amount as minute as one rupee. However, there is no maximum limit for transfers through NEFT. In RTGS the beneficiary bank credits the beneficiarys account in a span of two hours post the receipt of funds transfer message. RTGS transactions are processed throughout the working hours of the system. Marking its difference yet again NEFT is done on net basis where the bank clubs transactions together and only the net amount is transferred. This settlement usually takes place 7 times a day on weekdays and 3 times on Saturdays. NEFT takes place within the same day if it is within the cut-off time and the next working day if it is beyond the prescribed cut-off time. Majority of the commercial banks have employed RTGS and it is available in over 30472 numbers of branches while the count of banks which have purchased the software required to facilitate NEFT based transaction are over 89 and NEFT facility is available at approximately 32407 branches of banks in India. These branches may be available in remote corner of country also. Hence, RTGS and NEFT though distinct in their functionality and process, are unique and similar in their ultimate service which is now rendering plethora of advantages making the easiest service available in service sector industry across globe. SATHISH EMMADI Sathish Emmadi is a co-founder & editor at Lastbull.com. He is presently working in IT for one of the worlds top mutual fund companies. Handled multiple projects in BFSI (Banking,Financial Services and Insurance) domain. An Engineering Graduate from NITW. Handling Funds Shortages in Trading and Settlement Difference between Bulk Deals and Block Deals: Trade Clearing and Settlement in Stock Markets Functions of Custodian and Depository Mutual Funds Breakdown Information Top of Form Enter your email address to get posts into inbox directly for FREE: 1. 2. 3. 4. 5.

Definition of: ATM machine (Automatic Teller Machine machine) A banking terminal that accepts deposits and dispenses cash. ATMs are activated by inserting a cash or credit

card that contains the user's account number and PIN on a magnetic stripe. The ATM calls up the bank's computers to verify the balance, dispenses the cash and then transmits a completed transaction notice. The word "machine" in the term "ATM machine" is certainly redundant, but widely used. Definition of 'Banknote' A negotiable promissory note issued by a bank and payable to the bearer on demand. The amount payable is stated on the face of the note. Banknotes are considered legal tender, and, along with coins, make up the bearer forms of all modern money. Also known as a "bill" or a "note."

Investopedia explains 'Banknote' Originally, objects such as gold and silver were used to pay for goods and services. Eventually, they were replaced by paper money and coins that were backed by precious metals. Currently, banknotes are backed only by the government. Although in earlier times commercial banks could issue banknotes, the Federal Reserve Bank is now the only bank in the United States that can create banknotes. Read more: http://www.investopedia.com/terms/b/banknote.asp#ixzz1juhrJObt No related posts. Tagged as:mutual funds

Article by Dimple Shirodkar Dimple has written 4 articles. Dimple has 8 years of working experience in Research, Capital markets and Mutual Funds industry. Having worked as an Internal auditor, she has knowledge of Quality Management Standards and ISO 9000. Music and Dance is close to heart.. 1 Comment { read them below or add one }

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Anand Bhushan Tell me about yourself Why Should We Employ You strength & weakness definition of bank & its function definition of financial terms like repo rate, CRR,SLR Why do you want to join banking sector financial inclusion RBI policies performance of banking sector in recent times

Q1. : What are the good qualities for a Probationary Officer? A1. He must have the quality of management. He should be well behaved ,a good leadership, motivation & well communication skills. Q2. Have you applied to any other areas apart from banking? A2. Yes, insurance,banking,accountancy,sales are some other which were in my choice & I applied in some of them. Q3. How do you feel about committing yourself to another three years of exams? A3. Though they require determination & focus but still I am ready to accept the challenge. Q4. Tell me about an experience in which you had to use tact? A4. Tact and diplomacy are no doubt the important qualities in retail banking

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Corporation Bank Interview questions Tell me something about yourself apart from the details given in the Bio-Data Why do you want to join bank? What is Banking? How is it different from Saving Bank of Post Office? Difference between Karnataka and Jharkhand Economy? (as I am from

Jharkhand) Todays Headlines? Similarity between USA and India in-terms of Economy? How many bank exams have you appeared for? Do you know the costing of Civil Engineering? What are your hobbies? What is NEFT? What is the difference between million and a billion? What is the buzzing word of Indias economy? What action is the RBI taking? What is the final impact on the Economy? You have done Chemical Engg and worked in RIL, then why do you want to join a bank? What do you know about Corporation Bank? What are the functions of RBI? Do you have any account in any bank. Which type of account and what is the interest rate payable on it? What is the difference between Savings account and Current Account? What are your strengths and weaknesses? What is a debit card and what all can be done with it? What is your family background? Are you willing to work anywhere in India? Allahabad Bank PO Interview questions Tell me something about yourself? Why do you want to join a bank as you are a chemical engineer and worked in 2 good companies? If in a rural branch in which you are posted, someone asks you for loan or money on gunpoint what will you do? What is a Bank? What are various activities and functions in a bank? What is Distillation? What is Coal Tar? Your Hobby is reading Bhagavad gita. What do you read in it? Cite some slokas from Bhagvad Gita? How can you say that banking sector is fast growing?

Many of our students have trouble when it comes down to the probationary officer interview process. I have listed some sample interview questions that I received from a reputable bank. Always go into the interview well prepared. Make sure you know as much information as possible about the bank you are interviewing at (slogan, name of manager, name of secretary, etc.). Below You'll Find a List of Sample Bank PO Interview Questions:

Who is the current finance secretary? What do you know about mobile banking? What is the difference between private and nationalised banks? What do you have to do if we found a bank note? What is ATM? What is bearer cheque? What is the difference between cheque and draft? What will you do if you have received a fake note from customer? How do you feel after entering a private bank and public sector bank? What is Contingent Liability? What is the product of money market? What is monetary policy? What is inflation? Why do you want to enter banking?

1. Employees Provident Fund Organisation

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Mrs Prerna Parasramani 2nd Flr,Zainub Villa, Opp Popley Jewellers, 187,Turner Road,Above Dosa Diner, Bandra West, Mumbai - 400050 | View Map Call: +(91)-(22)-26050984 Also See : Finance Companies, Personal Loans, Home Loans Fender Finance Bandra, Mumbai - 400050 | View Map Call: +(91)-(22)-26455501 Also See : Finance Companies GE Money Financial Services Ltd 55 ratings

3RD Floor, Mahalaxmi Engineering Estate, Plot No 571, Mahim Church, S J Cross RD No 1, Mahim, Mumbai - 400016 | View Map Call: +(91)-(22)-39022000 Also See : Finance Companies, Home Loans, Mortgage Loan Website JMD Marketing PVT LTD 15 ratings 1, Solanki Palace, Off S V Road, Opp Hanuman Mandir, 5TH Road, Khar, Mumbai - 400052 | View Map Call: +(91)-(22)-26465900 Also See : Finance Companies, Second Hand Car Dealers, Car Loans, Car Dealers Website Shriram Transport Finance Company Ltd (Corporate Office) 6 ratings

C 2, Level 3, West Wing, G Block, Wockhardt Towers, Bandra Kurla Complex, Bandra East, Mumbai - 400051 |View Map Call: +(91)-(22)-40959595 Also See : Finance Companies, Truck Finance, Finance For Construction Equipments Website American Express Services India Ltd 5 ratings Regus, Level 1, Trade Centre, Bandra Kurla Complex, Bandra East, Mumbai 400051 | View Map Call: +(91)-(22)-40700592 Also See : Finance Companies, Travellers Cheque Selling Website Sundaram Finance Ltd 11 ratings

301-302 3rd Flr Span Centre Buiding Plot No Cts 556, Nr Ramkrishna Marg, South Avenue Road, Santacruz West, Mumbai - 400054 | View Map Call: +(91)-(22)-26052384 Also See : Finance Companies, Car Loans, Consultants Finance L & T Finance Ltd (Corporate Office) 11 ratings C 26/27, E Block, 8TH Floor, Metropolitan Building, Bandra Kurla Complex, Bandra East, Mumbai - 400051 |View Map Call: +(91)-(22)-67372727 Also See : Finance Companies, Finance For Corporate Website Small Industries Development Bank Of India 10 ratings

SME Development Center GRD FLR G BLK, Plot No C 11 Bandra Kurla Complex, Bandra East, Mumbai - 400051 |View Map Call: +(91)-(22)-67531100 Also See : Finance Companies, Banks, Financial Institutions Sort: Top Result Distance User Ratings Daiwa Capital Markets India Private Limited 4 ratings 10 Floor, 3 North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra East, Mumbai - 400051 | View Map Call: +(91)-(22)-66221000 Also See : Finance Companies, Finance Investment Companies, Financial Research Website ICICI Home Finance Company Ltd 5 ratings ICICI Bank Towers, Bandra Kurla Complex, Bandra East, Mumbai - 400051 | View Map Call: +(91)-(22)-28307777 Also See : Finance Companies, Home Loans, Home Loans-ICICI IL & FS Asset Management Company LTD ( H O) 4 ratings 8TH Floor, Plot C/22 G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051 | View Map Call: +(91)-(22)-26533232 Also See : Finance Companies, Consultants-Investment, Fixed Deposit Agents Website Rentworks India Pvt Ltd

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Call: +(91)-(22)-42410400 Also See : Finance Companies, Personal Loans, Home Loans Website Mak Motors Pvt Ltd 8 Gr Floor, Linking Road, Khar, Mumbai - 400052 | View Map Call: +(91)-(22)-26006565 Also See : Finance Companies, Car Loans, Car Dealers Credit Guarantee Fund Trust For Small Industries 7th Flr, C-11, G Block, Sme Development Centre, Bandra Kurla Complex, Bandra East, Mumbai - 400051 |View Map Call: +(91)-(22)-26541803 Also See : Finance Companies, Government Organisations Website Globeop Financial Services 2 ratings Fortune 2000 Building,3rd Floor, Bandra Kurla Complex, Bharat Nagar Bus Stop, Bandra East, Mumbai - 400051 | View Map Call: +(91)-(22)-66428000 Also See : Finance Companies, Consultants Finance Website Il & Fs G-Block,Plot No C-22, Bandra Kurla Complex, Bandra East, Mumbai - 400051 | View Map Call: +(91)-(22)-26593293 Also See : Finance Companies Il & Fs Investment Managers Ltd The IL & FS Financial Centre 1ST FLR Plot No C-22 G Block, Bandra Kurla Complex, Bandra East, Mumbai - 400051 | View Map Call: +(91)-(22)-26593012 Also See : Finance Companies, Investment Agents Website

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Il & Fs Financial Centre,Plot No C/22, Bandra Kurla Complex, G Block, Bandra East, Mumbai - 400051 |View Map Call: +(91)-(22)-26533232 Also See : Finance Companies, Share Brokers, Mutual Fund Agents Website Travellers Cooperative Credit Society LTD C-7n Contractor Baug, Mahim Bus Depot Lane, Mori Road, Mahim, Mumbai 400016 | View Map Call: +(91)-(22)-24458385 Also See : Finance Companies J V G Finance LTD Shop No 163 A, Anna Kanekar Marg, Bandra East, Mumbai - 400051 | View Map Call: +(91)-(22)-26408882 Also See : Finance Companies Horizon Financial Services St Michael Bhavan, L J Road, Mahim, Mumbai - 400016 |View Map Call: +(91)-(22)-55719234 Also See : Finance Companies, Personal Loans, Home Loans Sristy Finance & Leasing PVT LTD 13 Ratan Terrace, T H K Marg Matunga Road, Mahim, Mumbai - 400016 | View Map Call: +(91)-(22)-24221887 Also See : Finance Companies Bulls Eye Financial Solutions 1/5, Ramakrishna Nagar, Sacred Heart School, Khar, Mumbai - 400052 | View Map Call: +(91)-(22)-26499248 Also See : Finance Companies, Consultants Finance Website Comfort Finance

Mahim, Mumbai - 400016 | View Map Call: +(91)-(22)-24445770 Also See : Finance Companies, Automobile Loans

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