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Feb 10, 2012
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| China’s trade surplus swells; Exports, imports down |
| India Infoline News Service/18:15,Feb 10, 2012 |
| China's exports declined 0.5% from a year earlier, the customs bureau said today. Imports dropped by a more-than-forecast 15.3%, it added. |
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| Banking Newsletter - January 06 to February 10, 2012 |
| India Infoline News Service/17:41,Feb 10, 2012 |
| Central Bank of India is reportedly planning to recruit 2,700 people this year to add to the 3,200 recruited last year, which is triggered due to large number of retirements. |
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| India Infoline Weekly Newsletter - February 10, 2012 |
| India Infoline News Service/17:19,Feb 10, 2012 |
| Back home, the latest batch of data points do not inspire much confidence, though car sales and the PMIs have recovered from 2011 lows. One really doesn’t know whether we have already seen the worst and things can only look up from here.
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| What is a Home Loan? |
| India Infoline News Service/14:15,Feb 10, 2012 |
| Home Loans are finances taken from a Housing Finance Institution [HFI] to aid in the buying and/or modification of your property. |
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| What is a Home Extension Loan? |
| India Infoline News Service/13:15,Feb 10, 2012 |
| These are some of the instances for which you could take an Extension Loan. |
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Feb 09, 2012
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| BOE expands QE program; Rates left steady |
| India Infoline News Service/18:07,Feb 09, 2012 |
| In a separate but expected move, the MPC left its key lending rate at a record low 0.5%, where it has stood since March 2009. |
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| Allow banks as intermediaries in commodities futures market: ASSOCHAM |
| India Infoline News Service/18:06,Feb 09, 2012 |
| The primary result of such participation will be to improve the depth of market and price discovery.
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| Manappuram, Muthoot slump on fear of RBI regulations |
| India Infoline News Service/18:03,Feb 09, 2012 |
| The RBI may also restrict the maximum interest that a gold loan finance company can charge from its customers, and also the penalties that it can impose, the report added. |
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| Societe Generale wins Euromoney award for Structured Product |
| India Infoline News Service/13:00,Feb 09, 2012 |
| It is also named ‘’Best Private Bank for its Structured Products offering in France, Luxembourg and Monaco’’. |
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| Bank of Korea leaves key rate on hold at 3.25% |
| India Infoline News Service/11:36,Feb 09, 2012 |
| Most economists had expected the BOK to hold rates steady. The decision was unanimous as was the case with the four previous months' moves. |
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| Central Bank of India on massive recruitment exercise: reports |
| India Infoline News Service/09:12,Feb 09, 2012 |
| The bank has approached about 20 institutions across the country last year to hire people. |
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Feb 08, 2012
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| Gross direct Tax collections up 14.57% during April-January |
| India Infoline News Service/16:04,Feb 08, 2012 |
| Net direct tax collections stood at Rs.3,46,959 crore, up from Rs.3,17,500 crore in the same period last fiscal, registering a growth of 9.28%. |
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| Axis Bank’s Travel Currency Card sales cross USD $ 2bn |
| India Infoline News Service/15:33,Feb 08, 2012 |
| The Axis Bank Travel Currency Card is India`s highest selling prepaid forex Travel Card targeted at Indian nationals travelling abroad. |
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| Temasek pares stake in ICICI Bank |
| India Infoline News Service/09:56,Feb 08, 2012 |
| ICICI Bank's 15.9mn shares were sold in the range of Rs 924 to Rs 937.75 each, reports said,. That is a slight discount to Tuesday's close price. |
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Feb 07, 2012
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| Reserve Bank of Australia keeps rates on hold |
| India Infoline News Service/18:17,Feb 07, 2012 |
| The Australian dollar climbed versus its US counterpart while the domestic stock index declined slightly after the RBA's unexpected decision. |
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| Greece leaders bicker over bailout terms |
| India Infoline News Service/18:14,Feb 07, 2012 |
| The debt-ridden eurozone nation's leaders yesterday failed to adhere to Monday's timeline for accepting the terms set by international lenders for obtaining a second bailout package. |
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| Kotak Bank expects RBI to start dropping Repo rate in April 2012:Indranil Pan |
| India Infoline News Service/18:11,Feb 07, 2012 |
| The fiscal space also does not afford a chance to pump-prime the economy while the external atmosphere is likely to stay harsh. |
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| Top Banking news of the day |
| India Infoline News Service/17:30,Feb 07, 2012 |
| Read below the Top Banking news of the day |
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| Sal Naro to launch Coherence Capital Partners LLC |
| India Infoline News Service/14:39,Feb 07, 2012 |
| The creation of Coherence Capital Partners LLC is the result of a management buyout of Jefferson National’s core insurance unit. |
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| Manipal ties up with Axis Bank for 'Young Bankers' program |
| India Infoline News Service/10:15,Feb 07, 2012 |
| The ‘Young Banker’ Program is a one year full time residential program where students will be trained on the various aspects of Banking, Relationship Management and Sales. |
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