With 4.2% share of India's total non-food credit disbursements in FY12, HDFC Bank is the second largest private sector bank in the country (after ICICI Bank) in terms of asset size. The bank has tripled its share from 1.2% of total non-food credit in... More FY02 to 4.2% in FY12. Retail assets constituted 51.3% of advances in FY12. Its group companies, HDFC Standard Life (insurance), HDFC AMC (mutual funds) and HDFC Securities (equities) add scalability to the bank's offerings.
SBI is India's largest bank in the country with an asset size of over Rs 13 trillion. Although the bank's loan book is largely skewed towards corporate (large, mid and small) loans (50% of total advances in FY12), the retail side is also fast catchin... Moreg up. SBI has a network of almost 14,270 branches and over 22,141 ATMs across the country.
The amount that you spend for your or your family's education expenses can provide you tax benefits. PersonalFN explains various Sections of the Income-Tax Act that allow such deductions and exemptions.
The finances of a large number of people get messed up due to the lack of an organised approach. PersonalFN has listed down some commandments that you must follow to enjoy a stress-free financial life.