Saturday, August 18, 2012

Now Deutsche Bank under US lens

Now Deutsche Bank under US lens


Now Deutsche Bank under US lens

Posted: 18 Aug 2012 05:27 PM PDT

Post-Standard Chartered row, global banks face scrutiny over money laundering


Suzuki chief to hold talks with Modi next week

Posted: 18 Aug 2012 04:23 PM PDT

The labour troubles at Maruti's Manesar plant and new expansion in Gujarat is expected to top Suzuki chief Osamu Suzuki's agenda when he visits India next week.

Ease cash deposits for daily mop-up: Govt to banks

Posted: 18 Aug 2012 04:18 PM PDT

The neighbourhood ATM is set for an overhaul with the government asking state-run banks to turn the machines from being mere cash dispensers to cash collectors.


Move to cut EMIs will spur people to purchase

Posted: 18 Aug 2012 02:04 PM PDT

Finance minister P Chidambaram nudging public sector bank chiefs to lower the burden on consumers to prop up demand and investment will goad those who have put on hold their purchases — a diffidence that has affected a hoard of businesses from automobiles to white goods.


India can go back to 9% growth rate: PM

Posted: 18 Aug 2012 09:25 AM PDT

Prime Minister Manmohan Singh on Saturday said the present slowdown was not "inevitable or irreversible".


Number of ATMs to double: Govt

Posted: 18 Aug 2012 07:24 AM PDT

The government on Saturday said banks have been asked to upgrade their ATMs to double-up as cash collecting machines as well to mobilise Rs 11 lakh crore lying as cash with people.


FDI in retail: Antony meets Mamata

Posted: 18 Aug 2012 07:20 AM PDT

Defence minister A K Antony held an hour-long meeting here with West Bengal chief minister Mamata Banerjee in the backdrop of the Trinamool Congress' (TC) stiff opposition to FDI in multibrand retail, forward trading and pension bills.


Investment key to solving problems: FM

Posted: 18 Aug 2012 02:38 AM PDT

"...Once we get the investment engine started, I think many of our problems can get resolved," Chidambaram said after meeting chiefs of public sector banks.


Problems will be resolved once investment is revived: FM

Posted: 18 Aug 2012 02:37 AM PDT

Finance minister P Chidambaram on Saturday said most of the country's economic problems will be solved once investment is revived.


Spanish banks' bad-loans ratio hits new record

Posted: 17 Aug 2012 11:23 PM PDT

The ratio of non-performing loans to total outstanding loans held by Spanish banks has risen to a record 9.42 per cent, topping the previous mark of 9.15 per cent set in February 1994.


Power, infra stocks crash on CAGfire

Posted: 17 Aug 2012 12:22 PM PDT

A host of stocks, mainly from the power and infrastructure sectors, closed substantially lower after the Comptroller and Auditor General (CAG), which is the government's auditor, said several of these companies benefitted from some of government's wrong policies.


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