2001- an exhibition on banking, finance and insurance
held at the Institute of Engineers, Khairathabad, brought
the banking and other financial companies under one roof.
Banks and companies related with insurance, mutual funds
and real estate took part in the three day exhibition
inaugurated by Road and Transport Minister Mr K Vijayarama
Rao and attended by Union Minister for Urban Development
Mr Bandaru Dattatreya. The three day exhibition
has highlighted the activities and services of the banks,
financial institutions and insurance companies.
this age of globalisation and liberal wealth creation,
managers of money such as banks, NBFCs (Non Banking Financial
Companies) and insurance firms assume an importance as
never before. We organised this festival Dhanotsav -2001
to make the relationship between the customer and the
firms more effective," said Ramji R of Strategic
Newspapers which hosted the exhibition.
like Andhra Bank, State Bank of India, Centurion Bank,
ICICI Bank, Canara Bank, HDFC Bank, Standard Chartered
Bank, State Bank of India, Corporation Bank, Industrial
Development Bank of India and insurance companies like
Oriental Insurance Company Ltd, The New India Insurance
Company Ltd- India's largest non-life insurance company,
National Insurance Company Limited took part in the exhibition.
The personnel from these organisations were quite busy
telling the people about their services and facilities.
Some banks like SBI sanctioned the loan on the spot after
verifying the documents of the loan seekers.
also provided information about the home loans, educational
loans, car loans, two wheeler finances etc. HDFC Bank
which is fast expanding across India has a car loan scheme
for salaried and self employed individuals, partnership
firms and public and Pvt Ltd companies. Anybody who's
looking for their dream car and the loan to acquire it,
can walk right into HDFC Bank. "HDFC bank finances
most passenger cars and multi utility vehicles manufactured
by Indias' leading automobile companies. The minimum loan
amount is up to Rs 1 lakh. But if you so desire, you can
borrow upto 90 percent of the invoice value"
says KV Satish Kumar of Forefront Finanz, a direct marketing
associate of HDFC Bank. For two wheelers, Tata Finance,
a NBFC has a scheme where it provides finance for a vehicle
costing upto Rs 37000. Initial payment of this scheme
is 3700."For availing Tata Finance Services, you
need to submit proof of income, residence and bank statement
of your salary. People with a minimum salary of Rs 6,000
to Rs 7,000 can utilise this scheme," says Rajesh
an executive from Tata Finance.
housing finance corporations like Dewan Housing Finance
Corporation Ltd, HUDCO, Sundaram Home Finance Ltd, LIC
Housing Finance Ltd are offering loans to the people who
want to have a home of their own. These companies participated
in the exhibition and explained about the rules and regulations
pertaining to the housing loans. Apart from these, mutual
fund companies like Sundaram Mutual Fund, Escorts Mutual
Fund and construction companies like Ashoka Builders and
Jaya Bharathi Constructions Pvt Ltd which is coming up
with a mega township at Kukatpally also took part in the