Bank employees cry foul over drafts given to Trinamool
May 9th, 2011 - 9:57 pm ICT by IANS
Kolkata, May 9 (IANS) A bank employees' group Monday alleged that officials of two public sector banks were spreading "misinformation" to justify their decision of illegally issuing drafts to the ... Read more...
Posted in Uncategorized |
Lending rates will move up, though not immediately
July 27th, 2010 - 7:43 pm ICT by IANS
Mumbai, July 27 (IANS) Housing and automobile loans among others could see a rise in the coming months following the Reserve Bank of India's (RBI) decision to hike key short-term interest ... Read more...
Posted in Business |
Inflation to stabilize after good crops prospect: Mukherjee
July 26th, 2010 - 1:19 pm ICT by ANI
New Delhi, July 26 (ANI): Finance Minister Pranab Mukherjee has said inflation would stabilize after the entry of new crops into the market."I do hope it will stabilize after a ... Read more...
Posted in National |
US bank chiefs questioned by Congress over financial crisis
January 14th, 2010 - 9:24 am ICT by IANS
Washington, Jan 14 (DPA) Wall Street's top bankers Wednesday faced a confrontational congressional panel tasked with getting to the bottom of a financial crisis that plunged the world into a devastating ... Read more...
Posted in Business |
Reserve Bank of India fears increase in prices
August 18th, 2009 - 4:08 pm ICT by ANI
New Delhi, Aug 18 (ANI): The Reserve Bank of India (RBI) on Tuesday said that prices are likely to go up this year due to erratic monsoon."Erratic monsoon may put ... Read more...
Posted in National |
Stocks fall on Wall Street, trimming weekly gains
March 28th, 2009 - 8:58 am ICT by IANS
New York, March 28 (DPA) US stocks fell Friday after two leading banks said they made less money in March, but the major indices were still up at least six percent ... Read more...
Posted in Business |
Britain to build safety net for ailing banks
January 18th, 2009 - 8:51 pm ICT by IANS
London, Jan 18 (Xinhua) The British government is to build a 200 billion-pound ($290 billion) "safety net" for ailing banks in the country.Whitehall officials confirmed Saturday night that a plan to underwrite ... Read more...
Posted in World |
Canadian banks, finance minister bicker over lending
December 24th, 2008 - 12:58 pm ICT by IANS
Toronto, Dec 24 (IANS) With the Canadian finance minister blaming them for not giving enough loans to stimulate the economy and issuing an ultimatum, major banks have hit back, issuing reports and ... Read more...
Posted in Business |
Further action needed on financial crisis: G20 (Lead)
November 10th, 2008 - 1:52 pm ICT by IANS
Sao Paulo, Nov 10 (DPA) Finance ministers of the Group of 20 industrialised and emerging economies (G20) have agreed that global stability and growth must be the cornerstones of any plan to ... Read more...
Posted in World |
Second German bank lines up for rescue
October 25th, 2008 - 9:13 pm ICT by IANS
Hamburg, Oct 25 (DPA) A second German bank lined up Saturday for a government rescue, as officials reportedly debated whether to force recapitalisation on shy commercial banks.One of the banks run by ... Read more...
Posted in Business |
Chidambaram to meet bank chiefs Wednesday
August 11th, 2008 - 8:13 pm ICT by IANS
New Delhi, Aug 11 (IANS) Finance Minister P. Chidambaram is expected to take stock of the farm loan waiver scheme and the performance of banks during a meeting here Wednesday with chiefs ... Read more...
Posted in Business |