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HDFC upbeat on NRI Pvt banking, eyes expansion – Yahoo! India News
Mumbai, March 10 — HDFC Private Banking Group that has witnessed significant investing interest from non-resident Indians (NRIs) over the past few months (after the financial crisis) is looking to expand both abroad as well as in tier II and III cities. NRIs comprise roughly a quarter of the HDFC Bank's Read the rest of this entry
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FE Editorial: Banking the under-banked – Yahoo! India News
The finance minister's announcement in the Budget that RBI is going to issue additional banking licences to private sector players, including non-banking financial companies, is a welcome move. It will increase the geographic coverage of banks, improve access to banking services and bring competition to the Read the rest of this entry
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ING Direct the latest Canadian financial institution to launch a mobile app – Yahoo! Canada News
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Wed Mar 24, 11:26 AM
By The Canadian Press
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TORONTO – ING Direct is the latest Canadian financial institution to launch a mobile banking app.
The application Read the rest of this entry
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Sen. Dodd urges quick action on financial reform – Yahoo! News
WASHINGTON (Reuters) –
Senate Banking Committee Chairman Christopher Dodd on Tuesday said Congress needs to fast track financial reform despite Republican pleas to slow down the process to rewrite sweeping new rules.
A day after unveiling his long-awaited reform legislation, Read the rest of this entry
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Banking Notes – Yahoo! India News
Extension of HTM category for primary dealers
On Tuesday, the Reserve Bank of India (RBI) said that it has been decided to permit the primary dealers to continue holding of government securities in held to maturity (HTM) category until further advice. The central bank, previously had said that it was allowing the standalone primary dealers Read the rest of this entry
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3G auctions to start from Apr 9 – Yahoo! India News
After weeks of dithering, the government on Wednesday said the auctions for 3G spectrum would start from April 9. The crucial notice inviting applications (NIA), the legal document that formally sets the ball rolling for the auctions, will be released on Thursday, the statement said.
The government has budgeted Rs 35,000 Read the rest of this entry
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Leona Lewis auctions herself off to raise money for Haiti victims – Yahoo! India News
London, Feb 23 (ANI): Leona Lewis is auctioning off an afternoon in her company in a bid to raise money for Haiti earthquake victims.
The special time could involve anything from bowling to horse-riding and a meal.
"I've been amazed and inspired by the courage of people in Haiti. Read the rest of this entry
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Treasury receives record $1.54 billion in auction for Bank of America warrants – Yahoo! Canada News
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Thu Mar 4, 4:48 PM
By Martin Crutsinger, The Associated Press
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WASHINGTON – The U.S. Treasury Department has received a record US$1.54 Read the rest of this entry
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Latvia auctions off Soviet military ghost town – Yahoo! Canada News
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Fri Feb 5, 2:13 PM
RIGA (AFP) – A former Red Army garrison town deserted since Moscow’s troops left the ex-Soviet republic of Latvia a decade ago Friday was auctioned off to a Russian firm for Read the rest of this entry
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