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Business / Finance - Banking

EU Raises 2010 GDP Forecast as Deficits

The euro-area economy may expand 0.7 percent next year, the European Commission said, raising its forecast even as budget deficits and jobless ranks swell further.
ForexNewsOnline Tue, 3 Nov 2009 13:14:00 UT

No rise in rates right away: SBI

Ruling out any immediate rise in lending rates, the State Bank of India today said it will wait for the Reserve Bank of India's policy meeting on April 20 before taking a decision on rates for deposits and advances. SBI is Indias largest bank.
Business Standard Sat, 20 Mar 2010 18:33:00 GMT

SBI plans to acquire 20-30 pc stake in TMFL: O P Bhatt

SBI plans to acquire 20-30 pc stake in TMFL: O P BhattSBI plans to acquire 20-30 pc stake in TMFL: O P Bhatt
The Economic Times Sat, 20 Mar 2010 10:37:12 GMT

RBI raises repo, reverse repo

Surprises market with 25-basis-point rise; banks not to increase rates immediately.
Business Standard Fri, 19 Mar 2010 18:55:00 GMT

Bajaj Holdings hikes stake in Bajaj Electricals to 31.65 pc

Bajaj Holdings hikes stake in Bajaj Electricals to 31.65 pcBajaj Holdings hikes stake in Bajaj Electricals to 31.65 pc
The Economic Times Fri, 19 Mar 2010 08:52:33 GMT

Govt to infuse Rs 9,000 cr in PSBs by April-May: Gopalan

Govt to infuse Rs 9,000 cr in PSBs by April-May: GopalanGovt to infuse Rs 9,000 cr in PSBs by April-May: Gopalan
The Economic Times Thu, 18 Mar 2010 22:00:51 GMT

Prophets of the financial crisis: All geek to them

A handful of outsiders come out of the crisis in creditThe Big Short: Inside the Doomsday Machine. By Michael Lewis. Norton; 266 pages; $27.95. Allen Lane; GBP25. Buy from Amazon.com, Amazon.co.uk ...
Economist Thu, 18 Mar 2010 11:42:42 GMT

The financial crisis explained: A novel view

Wit and wisdom for the general readerIOU: Why Everyone Owes Everyone and No One Can Pay. By John Lanchester. Simon & Schuster; 223 pages; $25. Published in Britain by Allen Lane as “Whoops! Why Everyone Owes Everyone and No One Can Pay”; GB...
Economist Thu, 18 Mar 2010 11:42:42 GMT

The financial crisis and the future of regulation: Blame game

Two influential economists take a potshot at financial policymakers. Why don’t their criticisms add up?Freefall: America, Free Markets and the Sinking of the World Economy. By Joseph Stiglitz. Norton; 361 pages; $27.95. Allen Lane; GBP25. Buy from Am...
Economist Thu, 18 Mar 2010 11:42:42 GMT

Cibil in pact with 31 leading MFIs to set up credit bureau

Cibil in pact with 31 leading MFIs to set up credit bureauCibil in pact with 31 leading MFIs to set up credit bureau
The Economic Times Thu, 18 Mar 2010 09:24:20 GMT

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