Recent Event Highlights: Rates may not go up till September - Times of India, Hampden Bancorp, Inc. Reports Third Quarter Results and Declares Cash Dividend - MarketWatch (press release), Videocon barred from doing business with World Bank - The Hindu, ICICI strengthens network, inaugurates 2000th branch - Financial Express, South Indian Bank net rises at Rs 234 cr - Hindu Business Line, Indian shares at 8-week closing low; metals fall - Reuters, and 467 more...
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Last updated: 12/21/10 at 12:27 AM
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Hampden Bancorp, Inc. Reports Third Quarter Results and Declares Cash DividendMarketWatch (press release)The Bank currently has nine office locations in Springfield, Agawam, Longmeadow, West Springfield, Wilbraham, and Indian Orchard. ...and more »
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Indian shares at 8-week closing low; metals fallReutersFinancials reversed early gains with top lender State Bank of India (SBI.BO) dropping 0.8 percent, while rivals ICICI Bank (ICBK.BO) and HDFC Bank (HDBK. ...and more »
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Gulf TimesIndian Stocks Fall to Eight-Week Low; Metal Shares Lead DeclineBusinessWeekICICI Bank Ltd., the second-largest, retreated to a two-month low after Kaushik Basu, the government's chief economic adviser, said in New Delhi today ...Indian Stocks Fluctuate; Jaiprakash Gains, Metal Shares DeclineBusinessWeekAutomakers, Indian Oil, Moser Baer: India Equity PreviewBloombergIndia's Stocks Fall First Time in Three Days; Sterlite DropsBusinessWeekall 21 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.businessweek.com%2Fnews%2F2010-05-04%2Findian-stocks-fall-to-eight-week-low-metal-shares-lead-decline.html&usg=AFQjCNFtafXOKwX-gHZ2Gcmhn4B_LX5aYg
Kirana store owners may emerge as new bankers for rural IndiaEconomic TimesIndian Bank is even considering a separate company for using kirana stores to extend its reach in rural areas, its chairman and managing director TM Bhasin ...and more »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Feconomictimes.indiatimes.com%2Fnews%2Feconomy%2Ffinance%2FKirana-store-owners-may-emerge-as-new-bankers-for-rural-India%2Farticleshow%2F5776168.cms&usg=AFQjCNGof-G14ufmic7yOyU3ljxQJBNUhA
'Indian Bank's net NPAs to vanish by March 2011'Business StandardPTI / New Delhi April 8, 2010, 0:39 IST State-owned Indian Bank, which has crossed a business of Rs 1.5 lakh crore, aimed to become a zero net ...: Indian Bank to become zero net NPA bankFinancial ExpressIndian Bank aims 20% loan growth, biz to cross Rs 1.8 lakh crEconomic TimesIndian Bank expects over Rs. 1.8 lakh crore biz; foresees 20% hike in loan bookRupee TimesHindu Business Line -Bank Bazaarall 22 news articles »
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The HinduNo change in policy on foreign ownership in banks: SharmaSifyAccording to the new policy brought about by the government in February this year, an Indian bank in which a foreign investor holds 51 percent stake or more ...No Change In Policy On Foreign Ownership In Indian BanksRTT NewsNo change in FDI norms for banks: SharmaThe HinduIndia Trade Minister: No Plan To Change Policy On Foreign Ownership In BanksNASDAQCalcutta Telegraph -Oneindia -SME Timesall 56 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fsify.com%2Ffinance%2Fno-change-in-policy-on-foreign-ownership-in-banks-sharma-news-default-kefpkdfddae.html&usg=AFQjCNHWp6DgYBW_IvD0Gq3NZD5FuVotLg
The HinduBanks not to hike rates till monetary policy reviewSifyThe Indian Bank's Association (IBA) conveyed this at a meeting with the central bank where the focus was on how to tame inflation while ensuring that the ...Bankers see another 25bps rate increaseDaily News & AnalysisUnderwriting Auctions for Government securitiesGaea Times (blog)India Services Expand for 11th Month, Adding to Price PressureBusinessWeekReuters -Business Standard -RTT Newsall 150 news articles »
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RediffICICI, HDFC Bank insist they are IndianBusiness StandardThe country's two largest private sector lenders, ICICI Bank and HDFC Bank, on Monday said they remained Indian banks, even as they sought official clarity ...ICICI Bank, HDFC Bank to get 'foreign' tagNDTV.comICICI, HDFC stick to 'Indianness'Times of IndiaICCI Bank Remains “Indian”Gaea Times (blog)Economic Times -domain-Ball 44 news articles »
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After SBI, Axis, BoB, to raise funds abroadEconomic TimesSBI's bond is the first issue from an Indian bank in the past couple of years. “We plan to mobilise money from overseas market, but we have not yet ...SBI sets benchmark with $750 million five-year bondFinanceAsiaSBI launches India's first dollar bond sale in two yearsCbonds. InfoState Bank in First Benchmark Dollar Sale Since 2007Bloombergall 23 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Feconomictimes.indiatimes.com%2FBonds%2FAfter-SBI-Axis-BoB-to-raise-funds-abroad%2Farticleshow%2F5147075.cms&usg=AFQjCNFIIY7IfxAlN96QfEpKB25YLC-8qA
SifyTime to revise our political systemSify, IndiaThe author of two books: Asian Strategic and Military Perspective and Military Factor in Pakistan, he is also Associate Editor, Indian Defence Review. Following the terrorist attacks in Mumbai in November 2008, the political class of our country was ...
http://sify.com/news/fullstory.php?a=jfplL8deeff&title=Time_to_revise_our_political_system&?vsv=TopHP1
Foreign PolicyMaybe the politics behind the World Bank presidency won't stay ...Foreign PolicyAnd now it looks as those his ruling coalition may eke out a victory in the current round of Indian elections. If that's so, he may stay in his current job for another five years. And if he does, then Lula's shot at the World Bank job may improve. ...
http://rothkopf.foreignpolicy.com/posts/2009/05/14/maybe_the_politics_behind_the_world_bank_presidency_wont_stay_local_for_long
New York TimesSpare Times: For ChildrenNew York Times, United StatesCHILDREN'S FESTIVAL (Saturday and Sunday) Those who don't want to dance can design, and those who don't want to design can dance, but many young visitors will enjoy both at this annual celebration at the National Museum of the American Indian. ...
http://www.nytimes.com/2009/05/15/arts/15kids.html
HinduMaha Singh, Bipin take the spotlightHindu, IndiaIndia 'A' 40.28s; 2. Indian Bank 42.05s. Women: 100m: 1. Sharada Narain (RSPB) 11.64s; 2. HM Jyoti (AP); 3. K. Sowjanya (AP) 11.94s. 400m: 1. Tintu Luka (Ker) 55.13s; 2. K. Sowjanya (AP) 55.14s; 3. K. Mridula (AP) 56.20s. 100m hurdles: 1. ...
http://www.hindu.com/2009/05/15/stories/2009051554321500.htm
Business StandardJaimini Bhagwati: Tax havens and banking secrecyBusiness Standard, IndiaHence it is time for India to push the G20 to accept that the collective global good has priority over individual need for banking privacy. For example, if the central bank/ministry of finance of any country seeks information about its ...
http://www.business-standard.com/india/news/jaimini-bhagwati-tax-havensbanking-secrecy/358168/
Zee NewsWill Singh be the King?Zee News, IndiaIt was not because he was getting dollars delivered in some Swiss bank account, but because he wanted to secure the energy needs of the India of tomorrow. Could all this have been possible without the unequivocal support of 10 Janpath. ...
http://www.zeenews.com/zeeexclusive/2009-05-14/521279news.html
Thaindian.comSelling pressure keeps Sensex down (Second Lead)Thaindian.com, ThailandMumbai, May 14 (IANS) Indian equities markets continued to be under pressure about 90 minutes before close, as investors sold stocks across sectors and most world bourses traded weak. A key index was 176 points down from Wednesday's close. ...BSE Sensex under bear attack; sheds 193 points TopNewsStock Markets close lower after touching 12180 Stock WatchSensex Ends Week Below 12K On Intense Selling BreakingUpdateThaindian.com - Thaindian.comall 461 news articles
http://www.thaindian.com/newsportal/business/selling-pressure-keeps-sensex-down-second-lead_100192345.html
DAWN.comConstitutional trickDAWN.com, PakistanDespite the exclusive jurisdiction of provinces to levy sales tax, the British Indian government went up to the federal court of British India in 1938-39, against the levy of this tax on certain commodities by the central provinces and the Madras ...
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/pakistan/11-constitutional-trick--03
HinduScope for reducing lending rates, says SubbaraoHindu, IndiaBANGALORE: Reserve Bank of India Governor D. Subbarao on Wednesday said the “effective lending rate” of banks had declined from levels prevailing in the last two years. He was addressing members of the Confederation of Indian Industry (CII) here. ...RBI says more room for banks to cut rates Indian ExpressScope to reduce bank lending rates: RBI chief (Lead) Thaindian.comall 40 news articles
http://www.hindu.com/2009/05/14/stories/2009051454321400.htm
Gulf TimesIndian property sector strugglingGulf Times, QatarEarly this year, India's central bank allowed banks to restructure existing loans with developers, giving a temporary respite in interest payments. Double-digit interest rates, however, remain a constant worry. “What is important is to reduce the ...
http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=290452&version=1&template_id=46&parent_id=26
Business Standard'My mandate is to grow the bank, but cautiously'Business Standard, IndiaExcerpts: What prompted you to move from a foreign bank to a small Indian bank which is not in the best of health at the moment? I have been with foreign banks all my life, either by design or by accident. While global banks give you great training and ...
http://www.business-standard.com/india/news/%5Cmy-mandate-is-to-growbankcautiously%5C/358008/
AfricaNewsIndia gives Mozambique $30mAfricaNews, NetherlandsAn Indian bank - Export-Import Bank - has offered a new lease of life to Mozambique's economy as it has promised to lend the southern African country $30 million. The money is expected to help the country which is battling to move out of poverty to ...
http://www.africanews.com/site/India_gives_Mozambique_30m/list_messages/24777
Tampa TribunePlant City High student brings Indian ceremony to school stageTampa Tribune, FLShivani Desai was born in New York City, but her parents were born in India. Her father, Mahesh, is a civil engineer and businessman. Her mother, Jigisha, is an investment associate at SunTrust Bank in Tampa. When Shivani was only 3 years old, ...
http://plantcity2.tbo.com/content/2009/may/13/130654/pc-bringing-past-into-present/
AFPIndia output shrinks by most in 16 years in MarchAFPThe central bank expects the economy to lose more traction next year, slowing to around 5.5 percent. Even that would be strong by world standards but it's far below levels needed to raise the living standards of India's impoverished millions. ...
http://www.google.com/hostednews/afp/article/ALeqM5iEb8BEOT7LOrqKWNb_NgSCwr4fUg
Business StandardSuman Bery: Mexican SurprisesBusiness Standard, IndiaAs would be expected in a much richer country, Mexico is considerably more urbanised than India. According to the World Bank's recent World Development Report, 76% of Mexico's population in 2005 lived in urban areas, whereas the estimate for India is ...
http://www.business-standard.com/india/news/suman-bery-mexican-surprises/357907/
Business StandardGovindraj Ethiraj: Mussoorie to ManchesterBusiness Standard, IndiaIt was at Mussoorie where Reddy first showcased the RBI's opposition to foreign banks increasing their stakes in Indian banks. Which in turn was linked to a broader view on capital flows. And at Manchester, four years later, as the world was beginning ...
http://www.business-standard.com/india/news/govindraj-ethiraj-mussoorie-to-manchester/357809/
Emirates Business 24/7UAE urged to issue licences to Indian banksEmirates Business 24/7, United Arab EmiratesA top official from India's state bank has urged the UAE Central Bank to begin issuing licences to his country's banks. It is more than three decades since the Central Bank issued a full banking licence to any Indian bank, said AJ Vidyasagar, ...
http://www.business24-7.ae/Articles/2009/5/Pages/11052009/05122009_27b65f4403d14960bb9176b663d07093.aspx
Times OnlineIndia's humble business kingTimes Online, UKAs The Sunday Times revealed last year, Tata, – having failed to raise bank loans to ease JLR through a disastrous slump in sales, has asked the government for financial assistance. So far the response has been lukewarm, with even a guarantee to ...Jaguar bailout row This is MoneyUK applies brakes on Jaguar financial package Hindu Business Line'Corus, JLR acquisitions at inopportune time' Zee NewsMSN Money UKall 174 news articles
http://business.timesonline.co.uk/tol/business/entrepreneur/article6256642.ece
Hindu Business LineDBS Bank offloads entire stake in HDFC BankHindu Business Line, IndiaMumbai, May 8 The share price of HDFC Bank tanked 2.8 per cent on DBS Bank selling 2.73 per cent stake in the Indian bank through the bulk deal route on Friday. The Southeast Asian bank sold its entire stake in HDFC Bank, at Rs 1111.04 a share, ...
http://www.thehindubusinessline.com/2009/05/09/stories/2009050951301000.htm
Antiques and Arts WeeklyAuctioneer Bill Ekleberry MA #2352 Wednesday, May 6, 6 PM Spencer ...Antiques and Arts Weekly, CT - Bill EkleberryCoins including almost complete set of Indian cents. Also have separate 1877 key date Indian; higher grades 1872 & 1873 Indian cents; large cent collection 1794-1855 has 39 different; partial set of mercury dimes; 1827 & 1824 half dollars; 1835 quarter ...
http://antiquesandthearts.com/events/auction.asp?id=9302&type=1
Tampa Bay NewspapersStamp Out Hunger set for May 9Tampa Bay Newspapers, FL - Suzette PorterResidents and businesses served by the Indian Rocks Beach Post Office, including the communities of Indian Shores, Indian Rocks Beach, Belleair Beach and Belleair Shore, will have their donations delivered to Calvary Episcopal Church's Beach Community ...File photo by WAYNE CATHEL Tampa Bay Newspapersall 375 news articles
http://www.tbnweekly.com/pinellas_county/content_articles/050509_pco-01.txt
Washington PostDay in PhotosWashington Post, United StatesMay 4: A Quechua Indian stands in the street after breaking his nose in a ritual fight during Thinku celebrations in Macha, Bolivia. May 4: A Quechua Indian plays his guitar during the Thinku festival in Macha, Bolivia. May 4: Indians from the Funyo ...
http://www.washingtonpost.com/wp-dyn/content/gallery/2009/05/05/GA2009050501594.html
The HinduCP CHANDRASEKHARThe Hindu, India - Fabrice CoffriniTHE money is tainted; it is a drain of wealth from the country, being located in secretive Swiss banks; and the sums involved are large. Not surprisingly, the issue of monies stashed away by India's rich and powerful in numbered accounts in Swiss and ...
http://www.hinduonnet.com/fline/stories/20090522261004500.htm
Siliconindia.comRecession makes India a luring job marketSiliconindia.com, IndiaIn terms of hiring, Indian Overseas Bank will be recruiting 1200 people. Bartronics India, a technology firm, is setting up kiosks in New Delhi and has 6000 positions. Insurance company LIC is planning to hire 45000. South Indian Bank is opening 40 new ...
http://www.siliconindia.com/shownews/Recession_makes_India_a_luring_job_market-nid-56208.html
RTT NewsIOB Q4 Net Profit RisesRTT News, NY(RTTNews) - Indian Overseas Bank, or IOB, a provider of consumer and commercial banking services in India, reported a higher net profit for the fourth-quarter, driven by an increase in net interest income. The Mumbai-based bank posted fourth-quarter ...IOB Q4 net up 5 pc at Rs 322 cr, declares 45 pc dividend Zee Newsall 60 news articles
http://www.rttnews.com/ArticleView.aspx?Id=933969&SMap=1
MSN IndiaSC seeks more info on black money in Swiss BanksMSN India, IndiaThe petition sought a direction to the Centre to take up with the foreign banks, particularly the UBS Bank, Switzerland , the issue of freezing of accounts of Indian businessmen, politicians and other influential persons illegally holding their assets ...Germany has given tax evaders' details to India: Government ... Thaindian.comCentre files affidavit on black money in SC SINDH TODAYBlack money: Centre files affidavit in Supreme Court Zee Newsall 130 news articles
http://news.in.msn.com/national/article.aspx?cp-documentid=3003772
CXOToday.comInfosys Inducts Kamath to its Board of DirectorsCXOToday.com, IndiaKamath is the non-executive Chairman of the Board of Directors of ICICI Bank Limited, India's second largest bank. Mr. Kamath has a degree in mechanical engineering as well as one in management studies from the Indian Institute of Management, ...ICICI Bank's Kamath joins Infosys as director SINDH TODAYall 71 news articles
http://www.cxotoday.com/India/News/Infosys_Inducts_Kamath_to_its_Board_of_Directors/551-101615-908.html
AFPAsia must retool to boost domestic demand: ADBAFPSome critics said the move was unnecessary given the massive reserves of member countries such as China and India, while others said it meant a "dangerous" expansion of lending by a bank with a record of weak oversight. Chinese Vice Finance Minister Li ...Asia 'must cut export dependency' BBC Newsall 952 news articles
http://www.google.com/hostednews/afp/article/ALeqM5gGvXWlQBhFg0PNNWfJeevapME_EA
Hindu Business LineLIC shows appetite for bank stocksHindu Business Line, India - Ram KumarMumbai, May 2 Life Insurance Corporation of India appears to have taken a shine to investing in Indian banks in financial year 2008-09. India's largest life insurer's investment pattern in bank stocks indicates that it, to an extent, ...
http://www.thehindubusinessline.com/2009/05/03/stories/2009050351190100.htm
Newstrack IndiaIndia vigilant after Swine Flu alertNewstrack India, IndiaHe also announced that the World Bank and other UN development and humanitarian agencies would provide funding to countries needing additional resources to combat an epidemic. As the exact origin of the present cases isn't clear, the UN Food and ...
http://www.newstrackindia.com/newsdetails/90912
NumisMaster.comWartime Paper Money a Highlight of SaleNumisMaster.com, WIThese included a range of notes from POW and internment camps in India, South Africa and the United Kingdom. The main lots of paper came to the block on April 1. The action quickly warmed up with sale of two Indian George V 100 rupees. ...
http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=6628
SamayLiveCBI gives clean chit to Quattrocchi in Bofors caseSamayLive, IndiaIndia had petitioned Swiss courts to release bank documents because, if it couldn't get Bofors to say who its agents were, it could follow the money to them. But in 1993, six days after Interpol alerted the authorities in India of a startling discovery ...
http://www.samaylive.com/news/cbi-gives-clean-chit-to-quattrocchi-in-bofors-case/621181.html
Weekly DriverTata Nano debuts with 1 millon requests; watch out Toyota CorollaWeekly Driver, CABy James Raia If Tata Motors had the ability to swiftly build the 1 million reservations the Indian automaker has for the Nano, it would easily be the world's largest-selling car in 2009. And it would also quickly advance on the all-time, best-selling ...
http://www.theweeklydriver.com/articles/1395/1/Tata-Nano-debuts-with-1-millon-requests-watch-out-Toyota-Corolla/Page1.html
Calcutta TelegraphStanChart to widen ScopeCalcutta Telegraph, IndiaMumbai, April 27: Standard Chartered Bank is planning to expand the Indian operations of its captive BPO, Scope International, at a time when the industry is taking recourse to cost-cutting. The bank will ramp up the Bangalore and Chennai centres of ...
http://www.telegraphindia.com/1090428/jsp/business/story_10886936.jsp
HinduIndian Bank posts 23 % rise in netHindu, IndiaCHENNAI: In challenging market conditions, Indian Bank could report a net profit of Rs. 1245.32 crore in the 12 months ended March 31, 2009, against Rs. 1008.74 crore in the previous year, a growth of 23 per cent. Addressing a press conference here on ...Indian Bank Q4 Net Profit Surges RTT NewsSee 20% credit growth for FY10: Indian Bank Moneycontrol.comTech Mahindra posts net profit of Rs 221.39 crore in Q4 TopNewsall 86 news articles
http://www.hindu.com/2009/04/28/stories/2009042856991800.htm
Emirates Business 24/7nris to get higher returns on saving accountsEmirates Business 24/7, United Arab EmiratesNon-resident Indians, who keep their surplus cash in rupee-denominated non-resident external (NRE) and non-resident ordinary (NRO) savings accounts with Indian banks, will receive higher returns. This follows a decision by the Reserve Bank of India ...
http://www.business24-7.ae/Articles/2009/4/Pages/27042009/04282009_706b028a93214d2c9ed8d146c996683d.aspx
Washington PostDay in PhotosWashington Post, United StatesApril 26: Underprivileged children share a light moment during a rally organized to demand education as a birthright in New Delhi, India. According to the United Nations children's fund UNICEF, 20 percent of Indian children aged 6-14 do not attend ...
http://www.washingtonpost.com/wp-dyn/content/gallery/2009/04/27/GA2009042701458.html
International Business Times" That Fevered Feeling "International Business Times, NYIndia's auspicious gold-buying day is upon us and Reuters reports that: "The marriage season in India is in full swing. But jewelry purchases, an integral part of the big Indian wedding, seem to be dipping. The Rs80,000-crore gold, gems and jewelry ...
http://www.ibtimes.com/articles/20090427/fevered-feeling.htm
Moneycontrol.comIndian mkts are a long term bet: Henry KravisMoneycontrol.com, IndiaHe believes that some of the TARP (Troubled Assets Relief Program) are starting to work but the TALF (Term Asset-Backed Securities Loan Facility) programme which is an attempt to wipe out the toxic assets of bank's balance sheet has gotten off to a ...
http://www.moneycontrol.com/india/news/market-outlook/indian-mkts-arelong-term-bet-henry-kravis/395233
PravdaModern Zionism Not BiblicalPravda, RussiaAs an evangelical and conservative Christian, of Indian origin, I wish toset the biblical issue in proper perspective. Although the modern state of Israel now has every right to exist as any other nation (as long as it honors the UN resolutions ...
http://newsfromrussia.com/science/earth/27-04-2009/107458-zionism-0
TopNewsIndia requests IMF for increase in its quota share; ready to buy ...TopNews, IndiaAhluwalia said: "Our concern here is that this contribution should take the form of investment in IMF securities by the Reserve Bank of India." This way, RBI will be able to transfer some of its money presently held US treasury bills or other US ...India ready to buy $10 bn IMF bonds, says Montek Business Standard'India willing to contribute to IMF $10 bn ' The WeekIndia Willing To Contribute $10 Bln. To IMF In Exchange Of Bonds RTT NewsThe Money Timesall 67 news articles
http://www.topnews.in/india-requests-imf-increase-its-quota-share-ready-buy-10-billion-bonds-2157608
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