subprime crisis

ICICI Bank buys back bonds worth $50 mn

March 24th, 2008 - 6:20 pm ICT by admin
Mumbai, March 24 (IANS) ICICI Bank Monday said it had bought back and retired bonds with a face value of $50 million out of the $750 million bonds that were due to ... Read more...

Posted in Business |

China raises bank reserve ratio to combat inflation

March 18th, 2008 - 9:44 pm ICT by admin
Xinhua Beijing, March 18 (Xinhua) Hours after Prime Minister Wen Jiabao said his government would take steps to control soaring inflation, China's central bank Tuesday raised the deposit reserve ratio of commercial banks ... Read more...

Posted in World |