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MONEY & BANKING
SECURITY:
Banks to deploy gunmen, go for hi-tech gadgets
Mumbai, Nov. 29 Gaining entry into the corporate headquarters of banks in Mumbai could prove to be a bit of a hassle soon. Following the terrorist assault on five-star hotels, major banks in the city have decided to tighten ...
HOUSING FINANCE:
Cheap finance: Key to housing
Remember the advertisement featuring an affluent young IT professional in a first job chipping in money to help out the father on the verge of ...
CREDIT MARKET:
Funding crisis in infrastructure
The last few months have seen renewed request for creating diverse avenues to fund the infrastructure sector in the country. Recent reports have it that the Government is looking at a Rs 50,000 crore-fund dedicated to lending for the ...
FOREIGN BANKS:
Citi rescue package terms ‘lenient’
Global banking giant Citigroup, with roots dating back to 1812, was rescued by the US Government last week with a billion-dollar package. The action aimed to strengthen its capital base and increase liquidity. The bank had earlier received ...
CREDIT MARKET:
Lull in home loan refinancing
Banks taking over home-loans from housing finance companies, or vice versa, are not uncommon. But a lull appears to have set in with borrowers thinking twice about incurring foreclosure charges and processing fees all over again and ...
FOREIGN BANKS:
Governments guarantee a must for capital flows: Doha Bank chief
Political consensus on economic reform can solve current crisis. Chennai, Nov. 29 The only solution to the current global financial meltdown and the consequent global economic growth is political consensus on economic reform, says Mr Raghavan ...
HUMAN RESOURCES:
Banks' support to kin of victims
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