Life Insurance Providers And Banks In India

Following are the list of Life Insurance companies Authorized By Insurance Regulatory And Development Authority of India to do Life Insurance Business

Select Bank For Life Insurance -

Bharti AXA Life Insurance

ICICI Prudential Life Insurance

Aviva Life Insurance

Aegon Religare Life Insurance

Reliance Life Insurance

Max New York Life Insurance

TATA AIG Life Insurance

Bajaj Allianz Life Insurance

MetLife India Life insurance

LIC Life insurance

Sahara Life Insurance

Future Generali Life Insurance

HDFC Standard Life Insurance

IDBI Federal Life Insurance

SBI Life Insurance

Birla Sun Life Insurance

ING Vysya Life Insurance

Kotak Mahindra Old Mutual Life Insurance

IDBI Federal life insurance

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Banks Providing Car Loan In India

Take a look at the car loan offerings by various banks by clicking on the bank names. We will keep adding more banks to this list

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Axis Bank Car Loan

HDFC Bank New Car Loan

ICICI Bank Car Loan

PNB Car Loan

SBI Car Loan

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Personal Loan Banks And Providers In India

Valuable information about Personal Loan Banks In India, here you can see different personal loan providers

Select Bank for Personal Loan -

Axis Bank Personal Loan

Bank of Baroda Personal Loan

Bank of India Personal Loan

Canara Bank Personal Loan

Citi Bank Personal Loan

CitiFinancial Personal Loan

Corporation Bank Personal Loan

Fullerton India Personal Loan

HDFC Personal Loan

ICICI Bank Personal Loan

IDBI Bank Personal Loan

Indian Bank Personal Loan

Reliance Personal Loan

Saraswat Bank Personal Loan

SBI Personal Loan

Standard Chartered Bank Personal Loan

UCO Bank Personal Loan

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Credit Card Banks And Providers In India

Apply for a credit card in India. Compare the benefits of different credit cards from different providers

Select Bank for Credit Card -

ABN Amro credit card

Axis Bank credit card

Canara Bank credit card

Citi Bank credit card

HDFC credit card

HSBC Bank credit card

ICICI Bank credit card

Kotak Mahindra Bank credit card

SBI credit card

Standard Chartered credit card

Union Bank of India credit card

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Documents Required For Home Loan & Auto Loan

HOUSING LOANS—

APPLICANTS/ GUARANTOR

1. 3 Passport Size Photographs.

2. Proof of Identity- Voter ID/ Passport/ Driving License/ Pan Card

3. Proof of residential- Electricity/ Phone/Mobile/Credit Card Bill

4. Form-16 with IT return for last 2 years for salaried applicants

5. Latest Salary Slip for last 3 Months.

6. Bank account statement for last 1 year

7. 3 year IT return with computation of Income & Balance Sheet for Non- Salaried

8. Proof of business Address for Non-Salaried.

9. Proof of Assets and Investments

10. Processing fees

11. Advocate fees & Valuation fees

Property Papers:

1. Complete chain of Property.

2. Approved Map/ Plan

3. Detailed estimate of Construction.

4. Agreement to Sale

5. Completion letter from Authority

Auto Loan

1. Quotation from Car Dealer

2. Processing fees-0.5%

Documents Required In Takeover Cases

1. Sanction Latter

2. Complete chain of property

3. Fore Closer Letter

4. Loan Account statement

5. List of Documents held with bank

Please bring original document along with Photocopy

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Again Fuel Price Hike

Three state-run oil marketing companies rose by 1.48% to 3.30% on BSE on reports an Empowered Group of Ministers headed by Finance Minister Pranab Mukherjee is scheduled to meet on 11 May 2011 to mull on a hike in fuel prices.

State-owned Bharat Petroleum Corporation (up 3.30%), Hindustan Petroleum Corporation (up 1.69%) and Indian Oil Corporation (IOC) (up 1.48%), rose.

According to reports, the government plans to hike diesel prices by up to Rs. 3 a litre soon after the Assembly elections in five states are over next week, while an equivalent steep increase of Rs. 3-4 a litre in petrol rates is also on card. Polling in the last phase of Assembly elections completes on 10 May 2011. Reports suggest that an increase in domestic LPG prices may also be discussed at the Empowered Group of Ministers (EGoM) meeting.

Ranbir Singh Butola, chairman of IOC, was last month quoted by media as saying that IOC was losing Rs. 18.11 per litre on diesel, Rs. 28.33 a litre on kerosene and Rs. 315.86 per cooking gas cylinder. Butola had said that IOC was losing money on petrol but declined to put a number to it since the fuel was deregulated and the company was not supposed to get compensation from the government for keeping pump prices artificially low.

A hike in petrol prices will boost the finances of state-run firms since crude oil prices have soared to above $110 per barrel in the international market. US crude futures were down 0.05% at $111 a barrel today, 4 May 2011.

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Afghanistan: Pakistan Had To Know Bin Laden There

KABUL, Afghanistan — An Afghan official says Pakistan must have known Osama bin Laden was living in the military garrison town near the capital Islamabad.

The statement makes Afghanistan the latest in a series of countries throwing suspicion on Pakistan following the deadly strike against the al-Qaida leader.

Defense Ministry spokesman Gen. Mohammad Zahir Azimi said Wednesday the powerful Pakistani intelligence service had to have known bin Laden was living in the house in Abbottabad, because of its proximity to military installations.

Azimi says bin Laden's house was close to the gate of the Kakul Military Academy, where top Pakistani officers train. And many neighboring houses are home to military officials.

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New Rocket Launched By ISRO

The new rocket launched today by the Indian Space Research Organization (ISRO) comes with three satellites and costs Rs 230 crores. One of the satellites - the ResourceSat-2 will help map forests glaciers, and monitor crop yields.

But is this what India really needs? Experts point out that India already has the largest constellation of 10 civilian remote sensing satellites in the world. And the government's auditor has reported that almost 90% of the photographs and images delivered by ISRO's satellites are not used. Many of these images are needed both by the government and private sector especially for development of infra-structure like roads, airports and town planning.

The report of the Comptroller and Auditor General of India (CAG) highlights that despite the abundance of data available via satellite images, a wasteland mapping project undertaken by ISRO had been delayed by 14 years. The project was to help in rural development.

The auditor has also found that the place where data from the satellites is processed - the National Remote Sensing Center in Hyderabad - is showing worrying levels of inefficiency as images are not being processed fast enough.

At a press conference today, ISRO chairman K Radhakrishnan admitted that `the findings of the CAG were one hundred percent correct.'

The criticism directed at ISRO is boosted by a comparison to two similar American remote-sending satellites - Geoeye and Digital Globe - both of which use as much 90% of all the images they collect.

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HCL Technologies

HCL Technologies , India's fourth largest software services firm, on Wednesday posted a better-than-expected 33 per cent rise in net profit for Jan-March, boosting its shares nearly 10 per cent to their highest in more than a decade.

The company reported a net profit of about Rs 4.68 billion in Jan-March, while revenue rose 31.5 per cent to Rs 41.38 billion.

Profit was expected to rise 25 per cent to Rs 4.3 billion, according to a Reuters poll of 17 analysts. Revenue was seen at Rs 40.79 billion.

Shares of the company, which the market values at $7.34 billion, rose as much as 9.8 per cent to a 11-year high of Rs 522.35, in a Mumbai market that was up 0.77 per cent. The BSE IT index was up 1.6 per cent.

At 10:15 a.m, the stock was at 7.95 per cent at Rs 513.4. HCL's business outside Europe and the Americas grew as much as 81 per cent. All its service offerings also showed strong growth of 34-43 per cent.

Net employee addition -- a key parameter of the IT sector's health -- stood at 1,153 for the period, taking the total headcount to 73,420.

HCL also said it bought certain software assets from Citibank International Plc during Jan-March for $26 million, revenues from which are expected to come from the middle of its fourth quarter this year.

Through the deal, HCL is also taking over 41 employees from Citi and an "assured revenue stream" of $135 million spread over 10 years, HCL said in a statement.

Earlier this week, Infosys Technologies Ltd , the No.2 player in the Indian IT sector, sparked worries about the sector's growth after it forecast annual sales lower than expected on slower client spending.

A slew of brokerages downgraded the target price of the Infosys shares, citing concerns over its earnings and annual forecast that came in below expectations.

Jan-March is a seasonally weak quarter, as clients generally finalise their budgets for the next fiscal during this period, leading to a spurt in spending in the first two quarters of the upcoming fiscal year.

A slight depreciation of the rupee against the dollar, making up for a dip in utilisation rates, somewhat aided HCL's core operating (EBITDA) margins for the period, improving by about 1 per centage point from the December quarter to 17.3 per cent.

The rupee weakened about half a per centage point against the dollar during Jan-March.

Indian software companies, which get most of their earnings in foreign currency, hedge some of the risk, but with a chunk of their costs being in rupees, currency appreciation tends to squeeze margins.

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Anna Hazare Fasts Unto Death Starting 5th April 2011

Anna Hazare is demanding enactment of a strong anti-corruption law - Jan Lokpal Bill - to ensure swiftness and certainty of punishment to the corrupt.

Will his fast have any impact on the deaf Government of India?

Yes, it certainly would. Because, last time when Anna sat on fast -

• 6 corrupt ministers in Maharashtra had to resign

• 400 corrupt officers were dismissed from job

• 2002 - Maharashtra RTI Act was passed

• 2006 - Central Government withdrew its proposal to amend Central RTI Act

Now Anna is fasting to demand Jan Lokpal Bill.

JAN LOKPAL BILL will act as deterrent and instill fear in the minds of corrupt people.

Salient features of Jan Lokpal Bill

Drafted by Justice Santosh Hegde, Prashant Bhushan and Arvind Kejriwal, this Bill has been refined on the basis of feedback received from public on website and after series of public consultations. It has also been vetted by and is supported by Shanti Bhushan, J M Lyngdoh, Kiran Bedi, Anna Hazare etc. It was sent to the PM and all CMs on 1st December.

1. An institution called LOKPAL at the centre and LOKAYUKTA in each state will be set up

2. Like Supreme Court and Election Commission, they will be completely independent of the governments. No minister or bureaucrat will be able to influence their investigations.

3. Cases against corrupt people will not linger on for years anymore: Investigations in any case will have to be completed in one year. Trial should be completed in next one year so that the corrupt politician, officer or judge is sent to jail within two years.

4. The loss that a corrupt person caused to the government will be recovered at the time of conviction.

5. How will it help a common citizen: If any work of any citizen is not done in prescribed time in any government office, Lokpal will impose financial penalty on guilty officers, which will be given as compensation to the complainant.

6. So, you could approach Lokpal if your ration card or passport or voter card is not being made or if police is not registering your case or any other work is not being done in prescribed time. Lokpal will have to get it done in amonth’s time. You could also report any case of corruption to Lokpal like ration being siphoned off, poor quality roads been constructed or panchayat funds being siphoned off. Lokpal will have to complete its investigations in a year, trial will be over in next one year and the guilty will go to jail within two years.

7. But won’t the government appoint corrupt and weak people as Lokpal members? That won’t be possible because its members will be selected by judges, citizens and constitutional authorities and not by politicians, through acompletely transparent and participatory process.

8. What if some officer in Lokpal becomes corrupt? The entire functioning of Lokpal/ Lokayukta will be completely transparent. Any complaint against any officer of Lokpal shall be investigated and the officer dismissed within two months.

9. What will happen to existing anti-corruption agencies? CVC, departmental vigilance and anti-corruption branch of CBI will be merged into Lokpal. Lokpal will have complete powers and machinery to independently investigate and prosecute any officer, judge or politician.

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