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Maneka Gandhi proposes to set up exclusive bank for women

Jul 30, 2014

Maneka Gandhi proposes to set up exclusive bank for women

In an ambitious initiative aimed at empowering women, the government has proposed to set up an exclusive bank for women having branches across the country which may see merging of the Bharatiya Mahila Bank launched last year by the UPA government. #NewsTracker #Maneka Gandhi #Bharatiya Mahila Bank #exclusive bank for women
Jaitley to meet heads of PSU banks on Thursday

Jul 28, 2014

Jaitley to meet heads of PSU banks on Thursday

Although the main agenda for the meeting is the financial inclusion, other issues like lowering of interest rate, bad loans, credit to farm sector and financial performance may come up for the meeting, sources said. #Economy #ThisisNext #Arun Jaitley #PSU banks #department of financial services #RuPay Debit card #Accident insurance cover
No proposal for merger of United Bank with IDBI Bank

Jul 28, 2014

No proposal for merger of United Bank with IDBI Bank

Shares of United Bank of India were trading at Rs 53, up 8.16 percent on the BSE, while IDBI Bank was trading at Rs 91.10 per unit, up 1 percent. #M&A #Business #BSE #CompanyWatch #NPA #IDBI Bank #United Bank of India
Israel-Gaza's 12-hour ceasefire on, but permanent truce looks shaky

Jul 26, 2014

Israel-Gaza's 12-hour ceasefire on, but permanent truce looks shaky

The temporary lull was unlikely to change the trajectory of the current hostilities and that the Israel-Gaza war is spilling over into West Bank. #United Nations #Hamas #Israel #UN #West Bank #Israel-Palestine #Israel-Palestine relations #Israel strikes on Gaza #Gaza strikes #Truce #Gaza fighting #Israel fighting #Israel-Gaza fighting
World Bank Group commits $18 bn loan to India in three years

Jul 23, 2014

World Bank Group commits $18 bn loan to India in three years

India is the largest client for the World Bank Group. India received $5.2 billion loan last fiscal. In the past three years, India had received about $9.8 billion loan from the Workd Bank Group. #ThisisNext #Jim Yong Kim #World Bank Group #International Finance Corporation

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Banking licences: Were Tatas hoping to change the rules mid way?

Nov 28, 2013

Banking licences: Were Tatas hoping to change the rules mid way?

Many corporate were hoping for relaxation of RBI rules for a couple of years, and when they realized RBI is not going to relax any norms, some of them are now backing out #RBI #Tata Sons #Tata #Banking Licences
Why you shouldn't position portfolios based on central bank policies

Jul 11, 2013

Why you shouldn't position portfolios based on central bank policies

Central Banks policies and actions can lead to short term volatility and also give people like us something to write or talk about. However do not let central banks actions lead you away from your longer term objectives. Let the traders play the volatility while you ride out the short term volatility for longer term gains. #Central bank #stocks #markets #PersonalFinance #market volatility

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Why you shouldn't position portfolios based on central bank policies

Jul 30, 2014

Russia's central bank promises support for targets of new targets

Russia's central bank is promising to support financial institutions hit by U.S. sanctions as stocks took a tumble on opening in Moscow...
Why you shouldn't position portfolios based on central bank policies

Jul 30, 2014

Bank scandal blackens name of powerful Portuguese family, possibly ruins international empire

Portugal's Espirito Santo family business survived wars, dictatorship, revolution and family feuds for almost 150 years...
Why you shouldn't position portfolios based on central bank policies

Jul 29, 2014

Regulator Wants Monitors at Deutsche Bank, Barclays

New York's Department of Financial Services is pushing to install monitors inside the U.S. offices of Deutsche Bank and Barclays as part of an investigation into possible manipulation in the foreign-exchange market...