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The Reserve Bank of India (RBI) feels that the banks have been neglecting their primary function of credit creation in favour of "narrow banking" for short-term gains. While this could be appropriate in times of easy liquidity, the macro-economic performance...
#bank#interest rates#management
The recent economic surge has been largely based on strong industry and agriculture, rising Indian and foreign investment and American-style…
#interest rates#L/C#receivables
Posting record growth, India seems poised to become a major player in the world economy. Although progress has been spectacular,…
Last Thursday, the Supreme Court (SC) upheld the constitutional validity of the Securitisation and Reconstruction of Financial Assets and Enforcement…
Deutsche Postbank AG's recent acquisition BHW Holding AG's latest figures for the third quarter show that operating profits have fallen…
Despite suggestions it could go another way, the recently appointed Finance Minister, Sebastian Vladescu, announced last Monday that VAT is...…
Small Industries Development Bank of India (SIDBI) has sanctioned loans of Rs527 crore under the micro-credit programme. The bank has…
Sibakadembank has raised a syndicated loan for the bank’s small and medium-sized business loan programme, totalling more than US$40 m,…
DTE, the leading professional services Group, has enhanced its company portfolio, through the formation of a new add-on company called…
Launching the results of the November 2005 British Chamber of Commerce (BCC) Quarterly Economic Forecast, David Kern, Economic Adviser to…
12 June 2003: Country ratings by Coface - Hong Kong While remaining exposed to swings in the international economic situation…
In 1999, the two Chinese banks which offer factoring services, the Bank of China and the Bank of Communications, realized…
Article by Wui Seung Chong, legal consultant with Simmons & Simmons “Water, water, everywhere. Nor any drop to drink.” Change…