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+Vote!

Aim for socialism, bank officers told

KOCHI: The seventh triennial conference of State Bank of Travancore unit of the Associated Banks’ Officers’ Association concluded here on Sunday. The conference was inaugurated by former judge of the Supreme Court, V. R. ...

3Vote!

U.K.: Bank of England Warns of "Doom Loop"

From The Telegraph: Bank of England says financiers are fuelling an economic 'doom loop' On the eve of the G20 meeting of finance ministers in Scotland, Andy Haldane, the Bank's executive director for financial stability warned that the relationship between the state and banks represents a "doom loop" which will keep inflicting crises on the public unless...

3Vote!

Vietnam seeks $1 billion World Bank loan to boost forex

The central bank has rationed dollars in the banking system because the country's foreign exchange supply has been squeezed by falling exports, investment and overseas remittances and hoarding of dollars by some businesses.The global economic crisis has had “a considerable impact” on the country, Governor Nguyen Van Giau said in a statement posted in the State Bank of Vietnam’s...

3Vote!

2 Nebraska banks get rural loan guarantees

Two Nebraska banks have obtained federal loan guarantees through the U.S Department of Agriculture, which is using federal stimulus funding. The USDA said in a news release Friday that the loans will help stimulate rural businesses and communities. State Bank... United States - United States Department of Agriculture - Nebraska - Business - News release

3Vote!

US sees 120 bank failures in 2009

With five more American banks going out of business last week, the total number of collapses this year has risen to 120 or an average of over ten entities every month.

+Vote!

Fed could be part of bank regulator, Frank says

WASHINGTON (MarketWatch) - Congress could merge the Federal Reserve into a newly created national bank regulator as part of bank regulatory reform under consideration on Capitol Hill, a key lawmaker said Friday. "You may get a combination of the national bank supervisor and the Fed, but state bank regulation should remain separate," said House Financial...

5Vote!

Bank of England says financiers are fuelling an economic 'doom loop'

The banking sector must be overhauled as profoundly as in the wake of the Great Depression or financiers will "game the state" over and over again warns Andy Haldane.

3Vote!

State Bank lowers deposit rates

The country's largest lender State Bank of India has lowered deposit rates by 25-50 basis points on amounts less than Rs.1 crore effective Nov 9.

3Vote!

Banks divert spare cash for Gov’t loans

Rates have gone as high as 9.99% per annum for a 12-month term, despite the normal lending cap remaining at 10.5%.Short-term deposits have continued to account for a large portion of commercial banks’ deposit structure, with most deposits for terms of less than six months.Interest offered on one to nine-month dong deposits at private banks such as SeABank, HDBank,...

+Vote!

2 Nebraska banks get rural loan guarantees

Two Nebraska banks have obtained federal loan guarantees through the U.S Department of Agriculture, which is using federal stimulus funding.

+Vote!

2 Nebraska banks get total of nearly $5.8M in rural loan guarantees from stimulus funding

State Bank of Table Rock, in Pawnee City, has obtained a federal guarantee on a $93,600 loan it is making for the purchase of bottling equipment for a winery and microbrewery.

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Lone Star State is the new retirement mecca

The Texas draw is its low cost of living and no income tax After trying out Pasadena, Atlanta and Miami, Lilian Junco decided this was the place to retire. Being near her son was the first attraction, but soon she was drawn in by the same combination of features that has lured tens of thousands of others from out of state: Gulf Coast living and super-low costs.

3Vote!

2 Nebraska banks get rural loan guarantees

Two Nebraska banks have obtained federal loan guarantees through the U.S Department of Agriculture, which is using federal stimulus funding.

+Vote!

2 Nebraska banks get rural loan guarantees

LINCOLN, Neb. -- Two Nebraska banks have obtained federal loan guarantees through the U.S Department of Agriculture, which is using federal stimulus funding.

3Vote!

State seeks World Bank funds for rural projects

CHENNAI: The World Bank recently gave its consent for a proposal to construct 17,000 houses under the Emergency Tsunami Reconstruction Project, according to Chief Minister M. Karunanidhi. He mentioned the multilateral agency’s ...