The Bank of Japan (BOJ) on Tuesday decided by unanimous vote to keep its benchmark lending rate unchanged at between 0.0 and 0.1 percent as the central bank continues to tackle the nation’s lingering deflation. The central bank also raised its economic growth forecast for fiscal 2010 to 3.3 percent, following a two-day policy board [...]
Tags: Benchmark Lending, benchmark lending rate, BOJ, Central Bank, cheap credit, economic growth, growth forecast, lending rate, U.S. dollars, unchanged
Posted January 28, 2011 by ][-NooM-][ under Benchmark Lending, More Bank
The police has estimated the Citibank fraud perpetuated by its relationship manager Shivraj Puri at Rs 400 crore, involving accounts of about 29 entities including Hero Group promoters. In a report filed with the city court, the police said that Puri was a “educated and clever person” and had diverted funds of companies and individuals [...]
Tags: brokerage firms, Citibank, Citibank Fraud, Hero Group, involving accounts, market regulator, Rs 400 crore, SEBI, Stock Exchange
Posted January 9, 2011 by ][-NooM-][ under More Bank
Because of the weakened overall economy, people today having existing student loans are dealing with hard alternatives and quite a few are searching for options which would provide them some flexibility in their finances when it comes to reducing the cost of their education. The Citibank student loans consolidation is a solution particularly designed to [...]
Tags: borrowers manage, Citibank, Citibank student loans, federal loans, financial condition, interest rate, lenders, Loans Consolidation, Reduce Payment, single loan, student loans
Posted January 3, 2011 by ][-NooM-][ under More Bank, More Loans
If you are making regular global transactions or considering about longer term savings out of the country, look into opening an offshore account. Loads of individuals choose to make a large commitment in their lives. This may be a wedding or having babies, but most often it is the decision to buy a house. If [...]
Tags: bad credit, bank accounts, credit score, exchange rates, long term investments, longer term, Mortgage Loans, offshore account, Offshore Bank, particularly advantageous, payday loans
Posted January 3, 2011 by ][-NooM-][ under More Bank, More Loans
Turkey’s largest banks are lining up to sell their securities denominated in pounds before after regulators removed the ban to protect the investor demand for government debt. Turkiye Is Bankasi AS and Turkiye Garanti Bankasi, the two largest listed lender in Turkey, the plan to give the local bond market as the central bank reduces [...]
Tags: bank lending, Benchmark Lending, Central Bank, Debt Curbs, deficit currents, interest rates, investment grade, largest banks, lending rate, Mortgages Lag, retail bank, US Dollar
Posted December 17, 2010 by ][-NooM-][ under Benchmark Lending, More Bank
The Reserve Bank of India may not be comfortable with it, but the country’s largest home loan providers believe that teaser rates are here to stay. “Going by the industry trend, it is for sure that teaser rates are going to stay here permanently,” HDFC chairman Deepak Parekh said on the sidelines of the 37th [...]
Tags: banking financial, base rate, benchmark prime lending rate, financial inclusion, HDFC, home loans, interest rates, Reserve Bank, SBI, State Bank
Posted November 2, 2010 by ][-NooM-][ under Benchmark Lending, More Bank
Denmark’s central bank raised the rate it offers on certificates of deposit by 0.1 percentage point to defend the krone’s peg to the euro after interbank rates lagged behind those in the common currency area. Copenhagen-based Nationalbanken increased the rate to 0.7 percent, raising it for the second time this month, after the spread between [...]
Tags: Benchmark Lending, benchmark rate, Central Bank, currency area, deposit rate, interbank, interest rate, market rates, raising, unchanged
Posted October 29, 2010 by ][-NooM-][ under Benchmark Lending, More Bank
