MONEY & BANKING
INSIGHT
Central bankers are fallible
A debate is on whether central bankers may have themselves been responsible for the problems that led to the sub-prime mess in the first instance and whether their subsequent actions are over-compensating. Be that as it may, the debacle has hopefully been a testing ground from which the world’s central bankers have emerged stronger, says S. VENKITARAMANAN.
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HOUSING FINANCE
Average age of house buyers down by 20 yrs: Assocham
New Delhi, Nov. 4 The average age of people who buy a house for self use has come down by nearly 20 years compared to about 20 years ago, according to industry chamber Assocham. In the feedback received by the chamber from real estate ...
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DEBT MARKET
Bonds weaken as oil prices inch close to $100
Crisis at global banking majors triggers liquidity worries
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PUBLIC SECTOR BANKS
SBI plans more branches in Vizag
State Bank of India is setting up seven more branches in Visakhapatnam, according to Mr K.S.N Murthy, Assistant General Manager. He was speaking here after the branch at the HPCL refinery was inaugurated by Mr Syamal Acharya, General Manager. Mr ...
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FOREIGN BANKS
Citibank puts up Chennai property for sale
Chennai, Nov. 4 Citibank is selling 25,171 sq ft of built-up office space at Spencer Plaza phase II, a prime commercial and retail mall, on Anna Salai, Chennai.CB Richard Ellis South Asia (P) Ltd, international property consultants, ...
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E-COMMERCE & E-BUSINESS
‘Lack of awareness hampers e-payment’
Mumbai, Nov. 4 Lack of adequate awareness of the payment products is one reason why electronic payment in the country is not picking up. Both the Reserve Bank of India and banks should carry out awareness campaigns through media to ...
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INTERVIEW
‘Credit card customers must read fine print on rates’
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