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Attorney General Soli J Sorabjee today defended the Securitisation Act in the Supreme Court. The Court was hearing petitions challenging the constitutional validity of the Act empowering financial institutions to securitise assets of defaulting companies. The act was passed to...
#banks#financial institutions#interest
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved in principle the offer of…
#bank#international#risk
According to a survey by China’s central bank value-added industrial output recorded by small- and medium-sized enterprises (SMEs) was 1,400…
#bank#financial institutions#investment
Bank of Baroda and Small Industries Development Bank of India (SIDBI) have teamed up to co-finance the small-scale industries (SSI)…
Exports to countries in the Middle East have shot up in recent months, making up for months of losses during…
#exports#international#International Trade
The securitisation market in India may grow at a compounded annual growth rate (CAGR) of 40-50 per cent in the…
The seminar, "Introduction To Banking Products and Services For SMEs", was organised by the Brunei Association of Banks on 11th…
The RM1 billion micro credit scheme, announced in the New Strategies Package unveiled last May, has received overwhelming response from…
The Securities and Exchange Commission (SEC) has formed a committee to look into the activities of financing companies and to…
#banks#regulation#SEC
The absence of a broad-based corporate tax cut in Budget 2004 is compensated by the increased tax threshold for small-…
Bank International Indonesia (BII) will disburse loans totalling Rp100 billion (US$11.8 million) to bolster activities in the real sector and…
#bank#banks#international
Japan has been growing faster than the US for the first time since 1991, according to revised second-quarter gross domestic…
#bank#exports#ING
Two crucial provisions in the Securitisation and Reconstruction of Financial Interest and Enforcement of Security Interest Act, enabling banks and…