• REVERSE MORTGAGE
    Reverse Mortgage involves getting money by converting the home value into a tax-free income without selling the home. This kind of mortgage enables the borrower to still remain the owner of the house just like he was when he had a forward mortgage a...
    Choosing a Business Banking to Meet Your Business Transaction Requirements
    Many people when starting a business turn to the bank they do personal banking with. The truth is that you may well get a better deal elsewhere. Business banking is about getting the banking services tailored for your required business transactions....
    Online Bill Pay: Save Time, Pay Online
    Banking online might not sound like the coolest invention of the 21st century (I know, I know, DVR the MP3 player – I know.), but when it comes to really making my life easier, nothing beats it. Think about it – no more checks to order, no more...
    Online Bill Paying: My Need for Speed
    Ask anyone who’s made the switch to internet banking and online bill paying how they like it, and chances are they’ll tell you they’ll never go back to the old way. Why would you? Not only has my savings in stamp money alone afforded me a coup...
    Use Protection: Online Banking Security and Identity Theft Prevention
    In a paperless world, you might think identity theft would run rampant. But it’s really not that bad. With so many banks, credit card companies and stores going totally electronic, they’ve all taken steps to increase online security and help pre...
    South Africa - Paying the Price of Foreign Capital Inflows
    In spite of the slackening in the Q3, 2006, current account shortfall of SA will remain high for some time. Paradoxically, an increasing share of this deficit is due to the costs of servicing foreign capital inflows upon which the country relies to...
    Phishing Out Internet Banking Fraud
    Nothing’s easier than online banking. Just log in, view your bills, pay them, check on other accounts, and so on. I mean, aside from my grandparents, who doesn’t use the internet to bank these days? While it’s more secure than ever before, and...
    Chinese Commercial Banks Suffer Less Bad Loans
    China's commercial banking sector is plagued by less bad loans, which were reported to be of 116.8 Billion Yuan by twelve joint stock commercial banks in the beginning of 2006. Non-performing credit ratio for key commercial banks in China slid to 7....
    ICICI Showing Robust Growth Since Q2 Of 2006
    In Q2 FY'06 the net profit of ICICI Bank rose 30% to reach Rs 755 crore, compared to Rs 580 crore during the same period last year. The increase in profit was mainly contributed due to the accelerating economic growth, which encouraged more and more...
    Banking Services to SEZ Units out of Tax Net
    The Central Board of Excise and Customs (CBEC) has confirmed the government decision of exempting banking services to units positioned in any of the special economic zones from payment of service tax. The confirmation was made in response to the que...
    Following New Rules: Overseas Banks Look at China
    On 17 November 2006, overseas banks announced that they intend to expand their operations in China subsequent to the release of new rules. The rules are said to have opened up China's banking sector for global competition. HSBC, Standard Chartered,...
    ICICI Bank sees Enormous Opportunities in Rural India
    ICICI Bank aims to exploit the untapped rural banking sector in India, as huge credit demands exist in this sector. Credit demand in rural India is expected around Rs.1,330 Billion, whereas its supply was just about Rs.40 Billion in previous year (2...
    Different Types of Accounting Software
    There are many types of accounting software applications on the market today. Some applications are intended to perform accounting functions for large corporate organizations. Others are meant for personal use. Still other applications fall somewher...
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