Soon, post office, bank forms will be in Marathi The Times Of India MUMBAI: Soon forms of income tax, customs, public-sector undertakings, nationalised banks and post offices will be available in Marathi, besides the usual Hindi and English ones. | Chief minister Ashok Chavan has managed to score over the Shiv Sena and Maharashtra Navnirman Sena (MNS) by getting a l...
Unholy trinity sets up bank failures Asia Times | Jul 31, 2010 Unholy trinity sets up bank failures | By Chan Akya | Three discrete events over the past couple of weeks have confirmed the worst suspicions of non-Keynesians that governments remain not just beholden to banks around the world but positively scared of them. |...
World Bank in talks with private sector Nation | World Bank representative Dileep Wagle has met members of the Seychelles Chamber of Commerce and Industry to discuss economic growth here following the reforms introduced in 2008. | It was agreed that the private sector has grown since the reform p...
Bank out to raise $100 million The News & Observer | Capital Bank wants to raise more than $100 million to shore up its finances, make new loans as the economy recovers and pay for future expansion. | But the Raleigh community bank will first have to convince Wall Street that its strategy is sound. C...
3 Sarasota area banks rebound to profit Herald Tribune | Three of Southwest Florida's community banks swung back to profitability in the second quarter, but losses continue to plague other institutions. | Community Bank of Manatee, First America Bank and LandMark Bank of Florida posted profits in the lat...
WN / Bhaskar Mallick
Cops book 18 farmers for gheraoing bank manager The Times Of India YAVATMAL: The Kalamb police have booked 18 farmers on Tuesday night on a complaint lodged by the manager of Central Bank of India's branch at Kota village. | Police sources said, h...
RBI effect: Banks hike deposit rates up to 75 bps Indian Express | Interest rates have started going up. A day after the Reserve Bank of India (RBI) hiked the repo rate by 25 basis points and reverse repo rates by 50 basis points in its battle a...
RBI imposes penalty on ICICI Bank, Stanchart The Hindu | MUMBAI: The Reserve Bank of India on Friday imposed a penalty of Rs.5 lakh on ICICI Bank for violating Know Your Customer norms, and a similar amount on Standard Chartered Bank for not providing information on time about its foreign currency loan f...
Federal Bank net profit at Rs. 132 crore The Hindu | Special Correspondent | Higher loan-loss provisions bring down profit | KOCHI: Federal Bank has reported a rise of 20.5 per cent in its operating profit at Rs.335.34 crore in the first three months ended June 30, 2010 over the year-ago period. Beca...
Central Bank net profit rises 26 % The Hindu | Corporate Reporter | CHENNAI: Central Bank of India has posted a net profit of Rs. 337 crore for the quarter ended June 30, 2010, as compared to Rs. 267 crore in the corresponding period in the previous year, a growth of 26.22 per cent. | The gross...
Yahoo Will Invest in Hackers With Good Ideas The New York Times | Yahoo is considering investing in hackers with good ideas and technologies, a company executive said on Saturday. | "We are open to many ways of having a stake in creative young companies," said Jeff Kinder, Yahoo's senior vice president for media products and solutions, on the sidelines of a Yahoo Open Hack Day in Bangalore. | The Internet compa...
Dubai World ready to use tribunal for debt deal Daily Star Lebanon | Friday, July 23, 2010 | - Powered by | DUBAI: Struggling state firm Dubai World is ready to use a special tribunal to force rebel lenders into line on plans to delay repayment of $14.4 billion in debts, according to a source familiar with the matter. | The source spoke ahead of a key meeting on Thursday for creditors of the once fast-growing Gulf...