SBI cuts interest rates on term deposits
August 2nd, 2012 - 5:19 pm ICT by IANS
Mumbai, Aug 2 (IANS) The country's largest lender State Bank of India (SBI) Thursday said it will reduce interest rates on domestic term deposits of five year period or ... Read more...
Posted in Business |
US stocks rally led by banks
June 23rd, 2012 - 11:35 am ICT by IANS
New York, June 23 (IANS) US stocks closed higher Friday after a huge sell-off in the previous session, boosted by the financial sector despite multiple credit ratings downgrades by Moody's.Ratings ... Read more...
Posted in Business |
Loan agent held for forgery
April 1st, 2012 - 8:41 pm ICT by IANS
New Delhi, April 1 (IANS) A sales representative of a private bank who used forged documents for arranging car loans has been arrested here, police said Sunday.Naveen, who hails from ... Read more...
Posted in Uncategorized |
Obama asks Congress to solve debt crisis
July 24th, 2011 - 2:10 pm ICT by IANS
Washington, July, 24 (IANS/EFE) US President Barack Obama asked congressional leaders Saturday to forget about "reckless political games" and reach an accord to raise the debt limit to avoid ... Read more...
Posted in Politics |
Hyundai’s March sales grow by one percent
April 1st, 2011 - 4:05 pm ICT by IANS
New Delhi, April 1 (IANS) Automobile major Hyundai Motor India Ltd Friday reported a marginal increase of one percent in its sales for the month of March, which stood at ... Read more...
Posted in Business |
The Cheapest Family in America shows how to live in these hard times
October 1st, 2010 - 7:56 pm ICT by Aishwarya Bhatt
Oct 1 (THAINDIAN NEWS) The Economide family of Arizona have showcased how to live comfortably in these hard economic times, as many people continue to lose their jobs or stay out of ... Read more...
Posted in World News |
Elizabeth Warren to help in the formation of the Consumer Financial Protection Bureau
September 17th, 2010 - 11:02 pm ICT by Aishwarya Bhatt
Sep 17 (THAINDIAN NEWS) US President Barack Obama is all set to make a public announcement that Elizabeth Warren is going to help in the formation of the new Consumer Financial Protection ... Read more...
Posted in Politics |
Three held for bogus car loans
August 24th, 2010 - 11:25 pm ICT by IANS
New Delhi, Aug 24 (IANS) Three culprits who fleeced people on the pretext of providing car loans have been arrested in north Delhi, police said Tuesday.
According to police, Ankur Gupta (26), ... Read more...
Posted in Uncategorized |
Beware of fine print while signing home, car loans
May 27th, 2010 - 5:43 pm ICT by IANS
Sydney, May 27 (IANS) A majority of consumers are completely clueless about the fine print when they are signing the contract for home loans or car loans, a new study says.
The study, ... Read more...
Posted in Business |
Two South Carolina residents sentenced for bank fraud
February 24th, 2010 - 3:56 pm ICT by BNO News
COLUMBIA, SOUTH CAROLINA (BNO NEWS) – Two South Carolina residents were sentenced to 40 months in prison and to pay $421,014 in restitution for conspiracy to commit bank fraud, prosecutors announced on ... Read more...
Posted in World News |
United Bank of India launches home loan at 8 percent
December 22nd, 2009 - 4:39 pm ICT by IANS
Kolkata, Dec 22 (IANS) The city-based state-run United Bank of India (UBI) has launched an eight percent home loan scheme available till March 31 next year, a release said here Tuesday.
The bank ... Read more...
Posted in Business |
Union Bank cuts new home, car loan rates
February 28th, 2009 - 9:03 pm ICT by IANS
New Delhi, Feb 28 (IANS) Public sector lender Union Bank of India has lowered interest rates on new home loans by 25 to 100 basis points and car loans by 125 to ... Read more...
Posted in Uncategorized |
Punjab National Bank cuts car loan rates by 50 basis points
February 28th, 2009 - 8:06 pm ICT by IANS
New Delhi, Feb 28 (IANS) Public sector lender Punjab National Bank (PNB) has lowered interest rates for car loans by 50 basis points, effective from Sunday.
"The interest rate on car ... Read more...
Posted in Uncategorized |
A Singaporean woman forges $800,000 for her lover
January 9th, 2009 - 1:43 pm ICT by Amrit Rashmisrisethi
A woman systematically siphoned more than $800,000 from her employer over four years to pay for the high life so that she could led with her lover.Frances Leong Kit Jin, 30, ... Read more...
Posted in World |
General Motors scales back production
November 22nd, 2008 - 7:31 am ICT by IANS
New York, Nov 22 (DPA) Suffering US automaker General Motors Corp will again cut its production, the firm said Friday.It will add a week to holiday production halts at four plants and ... Read more...
Posted in Uncategorized |
Allahabad Bank hikes prime lending rate
August 8th, 2008 - 3:52 pm ICT by IANS
New Delhi, Aug 8 (IANS) Allahabad Bank Friday announced a hike in its benchmark prime lending rate from 13.5 percent to 14 percent, with immediate effect. In a regulatory statement, the bank ... Read more...
Posted in Business |
Kerala legislators may get pay hike, yet most not happy
July 18th, 2008 - 6:37 pm ICT by IANS
Thiruvananthapuram, July 18 (IANS) Several Kerala legislators' complaint that they are poorly paid is about to be addressed, but that still does not make them happy as they feel the proposed hike ... Read more...
Posted in Politics |
Credit crisis is not yet over: Merrill Lynch
March 8th, 2008 - 10:11 pm ICT by admin
DPA
Paris, March 8 (DPA) The credit crisis in the US mortgage market is not yet over, according to US investment bank Merrill Lynch, and it is spreading to other areas. In an ... Read more...
Posted in Business |
SBI cuts prime lending rate by 0.25 percent
February 11th, 2008 - 5:36 pm ICT by admin
New Delhi, Feb 11 (ANI): The State Bank of India (SBI)today slashed prime lending rate (PLR) by 0.25 per cent to 12.50 percent.
This decision will make housing and car loans cheaper.
In a ... Read more...
Posted in Business |