Pranab urges banks, FI to meet targets
New Delhi, July 9: Union Finance Minister Pranab Mukherjee has urged all Public Sector Banks and Financial Institutions to exert themselves in containing the downward trend of asset quality by devising suitable strategies for containing and rolling back NPAs.
Source: New Kerala
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Takeover target LSE revenue rises 14 percent
LONDON, Jul (Reuters) - The London Stock Exchange , seen as a takeover target since the collapse of its bid for a Canadian rival, reported a 14 percent rise in revenue for its financial first quarter...
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Greek deputy finmin doubts privatisation targets
ATHENS, July 12 (Reuters) - Greece's deputy finance ministerPantelis Oikonomou predicted that his country will not manage tosell all assets slated for privatisation in an EU/IMF bailoutdeal, according...
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Finance Minister Pranab Mukherjee cautions banks on asset quality
Finance Minister Pranab Mukherjee cautions banks on asset qualityFinance Minister Pranab Mukherjee cautions banks on asset quality
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German Banks, Insurers Agree on Greek Aid
Deutsche Bank AG and Allianz SE, Germany’s biggest bank and insurer, were among the nation’s financial firms that agreed to reinvest in Greek debt to help avoid the euro area’s first default.
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Lloyds Targets 15,000 Job Cuts, 1.5 Billion Pound Savings
Lloyds Banking Group Plc, Britain’s biggest mortgage lender, will cut 15,000 jobs and make savings of 1.5 billion pounds ($2.4 billion) by 2014, raising the efficiency savings following its purchase...
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Uma Bharti criticises Pranab Mukherjee for justifying fuel price hike
Nagpur, June 29 : Bharatiya Janata Party (BJP) leader Uma Bharti has criticised Finance Minister Pranab Mukherjee for justifying the recent fuel price hike.
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GBH targets 20pc from overseas revenue
Ceramic wares and clay pipes maker, Goh Ban Huat Bhd (GBH), expects overseas revenue to grow by 20 per cent in the financial year ending Dec 31, 2011 from last year's 13.2 per cent.