Andhra Bank, UCO Bank, Canara Bank and Corporation Bank get new CMDs The Hindu | S. Raman | NEW DELHI: The new chiefs of four public sector banks took charge on Wednesday, including Canara Bank Chairman and Managing Director (CMD) S. Raman and UCO Bank chief Arun Kaul. | While the term of the new CMD of Canara Bank comes to an end in September, 2012, the UCO Bank chief will re...
Asian Development Bank to help keep Philippine kids in school m&c | Manila - The Asian Development Bank on Thursday approved a 400-million-dollar loan to expand a Philippine government programme to help keep children of poor families in school. | The Manila-based bank said the loan would support the government's conditional cash...
Karzai assures "Kabul Bank is safe," urges Afghans not to panic Newstrack India | Washington, Sept 3 (ANI): Afghan President Hamid Karzai has assured the his country's citizens that their deposits are safe and urged them not to panic shortly after his brother, a major shareholder in the beleaguered Kabul Bank, called for interve...
Crisil assigns 'AAA' to Bank of India's Rs 3 bn perpetual bonds The Times Of India MUMBAI: CRISIL has assigned ‘AAA/Stable’ rating to Bank of India’s Rs 3 billion perpetual bonds programme and has reaffirmed the ratings on the bank’s other debt instruments at ‘AAA/Stable/P1+’. These are Upper Tier II Bonds aggregating R...
WN / Celica de Leon
For DOF exec, banks' excuse not acceptable Inquirer | MANILA, Philippines—Finance Secretary Cesar Purisima has found it unacceptable for banks to lend money even to those considered to be delinquent in their payment of taxes. | The ...
State Bank of India to hold 3-day loan mela from today The Hindu | Staff Reporter | MADURAI: State Bank of India is organising a three-day multi-product loan mela - RAINBOW - from Friday, during which seven products would be offered to the publi...
Bank of Korea feels pressure to include gold in reserves Gulf News | Seoul : The Bank of Korea, which has shunned adding gold to foreign-exchange reserves, is "under pressure" to consider purchases as the global economy worsen...
Karzai's brother calls on US to help avert Afghan bank run The Boston Globe | DUBAI, United Arab Emirates - As depositors thronged branches of Afghanistan's biggest bank, Mahmoud Karzai, the brother of the Afghan president and a major shareholder in beleaguered Kabul Bank, called yesterday for intervention by the United Stat...
Reserve Bank satisfied lending rates back to "average", economists say The Australian | THE Reserve Bank is expected to leave interest rates unchanged next Tuesday amid a still uncertain global backdrop, a survey showed today. | The central bank is also satisfied that lending rates across the economy are back at “average” ...
Depositors Panic Over Bank Crisis in Afghanistan Pittsburgh Post-Gazette | KABUL, Afghanistan -- One of the principal owners of the Afghan bank at the center of an accelerating financial crisis here said depositors had withdrawn $180 million in the past two days. He predicted a "revolution" in the country's financial syst...
Run on major Afghan bank Pittsburgh Post-Gazette | KABUL, Afghanistan -- One of the principal owners of the Afghan bank at the center of Kabul's accelerating financial crisis said depositors had withdrawn $180 million in the past two days. He predicted a "revolution" in the country's financial syst...
Bringing Light to India's Rural Areas The New York Times | BANGALORE, INDIA — As dusk falls, the sound of children singing fills the air at the SOS Tibetan Children’s Village in Bylakuppe, five hours’ drive from Bangalore in southern India. Night descends on the tidy, stone-paved school campus carved out of the lush jungle. | A blog about energy and the environment. Go to Blog | But dar...
Rice advice: Philippine farmers get tech-savvy Breitbart | A farmer is seen working on a rice field of the International Rice Research... | Farmers are seen on a rice field of the International Rice Research Institu... | The mobile phone may soon replace the centuries-old straw hat as the Filipino rice farmer's must-have accessory. | Already responsible for helping to topple a government in the Southeast...
