Tag: banks

By Tamal Bandyopadhyay   It may sound like an apocryphal story. But it's not. Early March, when India was celebrating Holi, the festival of colours, a senior banker attended the wedding of a close friend's daughter in Mumbai. It was a public holiday. The gentleman stayed put through all ...

NL Corresspondent   Private sector banks reported a robust profile with healthy growth in net interest income (NII), credit offtake and reduction in provision burden for the fourth quarter ended March 2023 (Q4 of FY23). However, as a pack, their net profit declined by 9.7 per cent year-on-year (YoY) ...

Rewa (MP), Apr 24: Prime Minister Narendra Modi on Monday said previous governments ignored villages as they were not vote banks.Addressing a public event in Rewa on the occasion of National Panchayati Raj Day, Modi said the BJP-led government has changed the situation and pumped in huge grants to ...

#Pakistan News Banks and financial institutions in the Netherlands "structurally" discriminate against Muslims, said the national coordinator against discrimination and racism Rabin Baldewsingh on Friday. This is mainly the result of the law that is intended to prevent money laundering and the financing of terrorism, the so-called Wwft. Baldewsingh ...

New York: Eleven of the biggest banks in the United States announced a USD 30 billion rescue package for First Republic Bank on Thursday, in an effort to prevent the California-based bank from becoming the third bank to fail in less than a week and head off a broader ...

JAMMU, March 2: Lieutenant Governor Shri Manoj Sinha chaired a high-level meeting of Public Sector Banks, Administrative Departments & other Financial Institutions, today at Civil Secretariat. The Lt Governor reviewed the action taken on the directions passed in the previous meeting on seamless credit to potential entrepreneurs and saturation ...

Jammu: Lieutenant Governor Shri Manoj Sinha chaired a high-level meeting of Public Sector Banks, Administrative Departments & other Financial Institutions, today at Civil Secretariat. The Lt Governor reviewed the action taken on the directions passed in the previous meeting on seamless credit to potential entrepreneurs and saturation of other ...

Central banks globally must remain vigilant until inflation is firmly under control, according to International Monetary Fund (IMF) managing director Kristalina Georgieva.“I want to be clear we are not yet seeing inflation going down to target fast enough,” Georgieva told Bloomberg Television’s Haslinda Amin on the sidelines of the ...

Dhaka, Bangladesh – Spice trader Mohammed Enayet Ullah has made at least four attempts since November to open a letter of credit to pay for imports of cumin, cardamom and cloves, some of the most essential spices used in Bangladeshi cooking, only to be refused by banks due to ...

NEW DELHI, Feb 2: India on Thursday questioned the World Bank’s decision to appoint a Court of Arbitration and a neutral expert under two separate processes to resolve differences between New Delhi and Islamabad over the Kishenganga and Ratle hydroelectric projects in Jammu and Kashmir. Last week, India issued ...