Posts tagged with bank

Helsinki Announces Plans for Rainbow Housing
Jun 2021 , by in INTERNATIONAL

A registered association called Sateenkaariasunnot Ry ('Rainbow Apartments Association' in English) has announced plans to build Finland's first apartment building specifically for members of the LGBTQIA+ community, after the City of Helsinki granted a plot of land in Verkkosaari for the association... Read more...

Banks Want RBI to Extend Recast Window
Dec 2020 , by in News/Views

Indian Banks Association (IBA) has made a representation to the Reserve Bank of India (RBI) to extend the restructuring window outlined by the KV Kamath committee by another three months to March 31, 2021. The window to seek restructuring is set to lapse on December 31. Bankers have requested the... Read more...

Australian Banks Complain Of Too Much Money
Nov 2020 , by in INTERNATIONAL

Australia's banking system has more money than it can use, a challenge that will likely grow n with the central bank widely expected to trim interest rates to near zero and boost the amount of bonds it buys. Further measures to spur credit demand are on the cards, including scrapping "responsible le... Read more...

India’s GDP Growth Depends on Banks
Oct 2020 , by in News/Views

If India’s economy grows at an annual average of 11.6 per cent during the next six years, the country’s GDP could reach $5 trillion by 2026-27, showed an estimate by CARE Ratings. While the growth of 11.6 per cent seems highly optimistic at this time as the coronavirus pandemic has led to dis... Read more...

RBI Final Guidelines for HFC
Oct 2020 , by in News/Views

The Reserve Bank of India (RBI) put out the final guidelines for housing finance companies (HFC) in which it said all such non-banking finance companies (NBFC) should have at least 60 per cent of their net assets deployed in the business of providing finance for housing, and those who still don’t ... Read more...

SBI Profit Jumps Four-Fold
Jun 2020 , by in Latest News, News/Views

State Bank of India (SBI) - the country's largest lender by assets reported a net profit of Rs 3,580.81 crore for the quarter ended March 31. That marked a surge of more than four times compared to its profit of Rs 838.40 crore in the corresponding period a year ago. The financial results by State B... Read more...

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