Page 1485 - Finance News

Indian Overseas Bank Q1 net up 21%

Budget 2007: Tax sops likely for savings deposits

Dress code for Chartered Accountants soon

SBI first Indian bank to set up shop in China

Rupee drops to 46.05/$

Rupee moves up to 44.40/$

Re opens strong at 43.71/$

Banks mop up deposits worth Rs 1 lakh cr

Deposits grow 13.14% and credit by 15.41%

Central Bank to cut lending to aviation sector

The bank's NPA climbed to 5.63% as on December 2012, and it plans to bring it down to 3.5% by March-end

IOB board approves MTN programme worth $2 bn

The last programme, worth $1 billion, was concluded in 2012

PEs set sight on housing finance companies

Low delinquencies and attractive returns on equity are proving key attractions

Temasek, Carlyle in race for Lafarge India stake

Talks in final stages to invest nearly Rs 1,629 crore, say sources

Reliance PE plans third fund, with target corpus of $300 mn

Plans to tap only global investors; Reliance Alternative Investment Fund-I may look at exits ahead of fresh fund raising

Freddie Mac sues BofA, UBS, JPMorgan

Accuses banks over manipulation of the London interbank offered rate

S Korean banks victim of biggest cyber attack

President Park Geun Hye's administration set up a crisis group to probe whether North Korea is responsible

EXIM Bank extends $41.60 mn LOC to Union of Comoros

Is for installation of 18 MW power project in capital city of Moroni

RBI eases infrastructure financing norms

Advances to earnings-backed project to be treated as secured loans; move to benefit BOT road and power sector projects

SIDBI signs MoU with Egypt for their SME sector Development

The homegrown bank would, now, not only help in income generation, employment creation in Egypt, also provide boost to strengthen India & Egypt's ties

Monetary policy does not meet real estate sector expectations

The mid-quarter plicy may not give thrust to demand for affordable housing

IDBI sells $500 mn bonds in global mkts, to pay 3.75% coupon

The state-run IDBI Bank has successfully raised $500 million through a five-year bond sale