Banks to take up coal loans with RBI: Sandhu

September 30th, 2014

so interesting

Banks will take up the issue of restructuring loans extended to projects affected by the cancellation of coal blocks by the Supreme Court with the Reserve Bank of India (RBI). “Banks will be talking to RBI so that they are given some kind of flexibility …

Hong Kong Protests Cause Closure Of Banks & Instagram Outages In China

September 30th, 2014

Rome wasnt built in a day!

Pro-democracy protests in Hong Kong caused the closure on Monday of Standard Chartered and other banks in the administrative region. It were not just over-the-counter services that were closed, even ATMS and cash deposit machines in some areas were also …

DK banks achieve 95% target under Central govt scheme

September 30th, 2014

it should be interested what change will this make

MANGALORE : Dakshina Kannada district has achieved 95% of the target in the implementation of Pradhan Mantri Jan Dhan Yojana by ensuring bank accounts to 4.17 lakh families, said Amarnath Hegde, lead bank manager. Banks in Dakshina Kannada have opened 1.42 …

Banks on alert for those making multiple withdrawals

September 30th, 2014

never miss a day, thanks for the blog

It has yet to be established if the ATMs hacked into are from just one manufacturer or if the software flaw being exploited by the thieves is common to all ATM machines. The hacking of ATMs at several banks here has prompted all banking institutions in …

State-run banks to soon raise funds from markets, says official

September 30th, 2014

our service is updated everyday, come again

State-run banks will “very soon” start raising funds from markets, Financial Services Secretary GS Sandhu said on Tuesday, as part of government’s efforts to infuse capital into banks. The country’s banks need Rs 2.4 trillion ($38.92 billion) of capital …

State-run banks to tap markets “very soon” – govt official

September 30th, 2014

does anyone know when this will take effect

NEW DELHI (Reuters) – State-run banks will “very soon” start raising funds from markets, Financial Services Secretary G.S. Sandhu said on Tuesday, as part of government’s efforts to infuse capital into banks. Indian banks need 2.4 trillion rupees ($38.92 …

Hong Kong Banks Hit by Protests

September 30th, 2014

thanks for visiting today!

Stocks in the city began falling after the market opened. Hong Kong’s benchmark Hang Seng Index fell as much as 2.5% in early trading Monday, but retraced some ground later. Hong Kong, a former British colony which returned to Chinese rule in 1997 …

China approves two more private banks

September 30th, 2014

our service is updated everyday, come again

One of the private banks is co-funded by e-commerce giant Alibaba, holding 30-percent of the bank. (Source: baidu) In its latest bid to promote private financial services for small businesses, China’s financial regulator has approved another two private …

State-run Banks to Tap Markets Soon: Official

September 30th, 2014

our service is updated everyday, come again

New Delhi: State-run banks will “very soon” start raising funds from markets, Financial Services Secretary G.S. Sandhu said on Tuesday, as part of government’s efforts to infuse capital into banks. Indian banks need Rs 2.4 lakh crore ($38.92 billion) of …

HSBC Among Banks to Shutter Branches in Hong Kong

September 30th, 2014

it should be interested what change will this make

Standard Chartered Plc (STAN) and HSBC Holdings Plc (HSBA) were among banks that shuttered some branches in Hong Kong as pro-democracy protesters remained on the streets following weekend clashes with police. About 36 bank branches, offices and automated teller machines were temporarily closed today, according to the Hong Kong Monetary Authority, as congregations of protesters began to dwindle …