MONEY & BANKING
CREDIT MARKET
Small borrowers still prefer informal route
Bank credit outreach limited, says study
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Flexibility needed in ‘linkage model’: Survey
‘Banks cautious in implementation’
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FIXED DEPOSITS
PNB hikes deposit rates
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MERGERS & ACQUISITIONS
Centurion, LKB merger may be delayed
Mumbai, Aug 15 The merger of the Kerala-based Lord Krishna Bank with Centurion Bank of Punjab, pending for nearly a year, may be delayed further. The judgment on a petition challenging the merger, filed by a minority shareholder of the ...
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Lehman Brothers buying Brics unit
Global investment bank Lehman Brothers has agreed to acquire the institutional equity group of Brics Securities, which is a part of JV Gokal Group. The terms of the transaction were not disclosed. The transaction will significantly expand Lehman ...
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