February 4, 2014
India is better prepared to deal with any further U.S. Fed tapering, but the country needs to remain vigilant to face eventualities, Reserve Bank Governor Raghuram Rajan said here on Tuesday. »
December 12, 2013
DCHL’s total liabilities towards different financial entities are estimated to be about Rs.5,000 crore. »
June 20, 2013
U.S. Federal Reserve Chief Ben Bernanke set off a virtual tsunami in global financial markets on Thursday after he hinted that the American central bank could start winding down its massive stimul...
September 25, 2012
National Housing Bank (NHB) has cut its lending rate by 0.5 percentage point, a step that will result in reduction of cost for mortgage firms such as LIC Housing Finance and HDFC.
July 5, 2012
Kingfisher Airlines was given a 15-day time by its lenders to come up with a plan to improve its operations. The debt-trapped airlines was running a truncated service currently.
April 13, 2012
The prime risk involved in lending activity is the ‘credit risk', i.e. the risk of loss due to a borrower's failure to repay the loan. The risk assessment depends on many factors such as cred...
November 9, 2011
Brushing aside the downgrade of Indian banks by Moody’s, the Government on Wednesday said the rating has no significance as domestic lenders are much stronger than their global peers.“We...
September 4, 2010
Plans to invest $5 m in India for increasing headcount, product development and infrastructure
August 4, 2010
In the winter of 2007, the British celebrated what would be their last boomtime Christmas for quite a few years to come. High streets swarmed with shoppers who didn't yet have to worry about losing...
July 10, 2010
No need for tears, but the well-off are losing their master suites and saying goodbye to their wine cellars.
December 31, 2013
Indicating the worsening stress on the realty sector, an estimated Rs 7,700 crore worth of commercial and residential properties loans are up for sale, according to an industry report.
November 5, 2013
People reported soaring stress levels, says report
February 6, 2013
The U.S. Justice Department plans to file civil fraud charges against the nation's largest credit-ratings agency, Standard & Poor’s (S&P), accusing the firm of inflating the ratings of mor...
August 17, 2012
Reverse mortgage could be a safety net for cash-strapped retirees but it has few takers in India for now. K.T. Jagannathan finds out why
June 25, 2012
Spain has made a formal request for a loan to help clean up its troubled banking sector, Economy Minister Luis de Guindos said Monday. Last week, two international audits commissioned by...
November 15, 2011
Hundreds of police officers in riot gear before dawn on Tuesday raided the New York City park where the Occupy Wall Street protests began, evicting and arresting dozens of protesters from what has...
December 17, 2010
Amid projections of up to over 9 per cent growth in the economy this fiscal, ratings firm Moody’s has cautioned against overheating that can result in probable asset bubbles.
September 2, 2010
Economic indicators from the United States and other developed countries, since the beginning of August, strongly suggest, at the very least, heightened uncertainty over their near term grow...
July 16, 2010
Investment bank Goldman Sachs will pay a record fine of $550 million to US market regulator SEC for settling charges related to misrepresentation of facts about a financial product tied to s...
June 11, 2010
In the aftermath of the global economic crisis, the yearning for returning to normalcy has been strong. Yet that normalcy, which in the broadest sense means reverting to the legal, instituti...