NBFCs hike in Lending Rates on the back of the Reserve Bank

After banks, it is the turn of non-banking finance companies (NBFCs) to hike lending rates on the back of the Reserve Bank of India’s (RBI) rate hike spree to contain inflation. NBFCs borrowing costs are also increasing. “Rate hikes by non-banking finance companies (NBFCs) are inevitable. Since NBFCs borrow from banks, they will also raise [...]

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Posted September 22, 2010 by ][-NooM-][ under Benchmark Lending, More Bank

U.S. Bank Receives Outstanding Regulatory Rating for Community Reinvestment Performance

U.S. Bancorp /quotes/comstock/13*!usb/quotes/nls/usb (USB 23.21, -0.17, -0.71%) announced today that U.S. Bank National Association has received an “Outstanding” rating, the highest rating possible, in its most recent Community Reinvestment Act (CRA) examination by the Office of the Comptroller of the Currency (OCC). “The U.S. Bank team is extremely pleased that the OCC has again recognized [...]

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Posted September 16, 2010 by ][-NooM-][ under More Bank

Getting to grips with Offshore Banking

You might already think that you know all you need to about private offshore banking, but if you’ve got a fair bit of capital to manage and could do with re-structuring your finances, then it is probably right up your alley. Private Offshore Banking is designed to offer a personalised, tailor-made service which will optimise [...]

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Posted July 21, 2010 by ][-NooM-][ under More Bank, More Financial

HSBC Bank and Rebuilding Together Join Together to Perform Green Rebuild

Rebuilding Together, the nation’s leading nonprofit working to preserve affordable homeownership, is working with sponsor HSBC Bank, to deliver critical and energy-efficient renovations to a deserving family struggling to make ends meet. Rebuilding Together Washington, DC, one of the 200 Rebuilding Together affiliates located across the country, will work with HSBC Bank (Mid-Atlantic Region) to [...]

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Posted June 28, 2010 by ][-NooM-][ under Benchmark Lending, More Bank

World Forex : Euro Up Vs Yen, Dollar, But Further Rises Limited

The euro rose against the yen and dollar in Asia Tuesday as rallying regional equities prompted short-term investors to scoop up the risk-sensitive common currency, though lingering concern over European debt woes will likely limit further rises, dealers said. The respite in the euro’s recent falls came as Asian bourses strengthened, bucking expectations for weakness [...]

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Posted June 9, 2010 by ][-NooM-][ under Benchmark Lending

Relationship Marketing In B2B Backed Citigroup

The Company to be examined is Citigroup. This is an internationally recognized banking institution. It was listed among the top ten banking Companies in the world in 2006. The Company provides banking services to 200 million clients coming from all corners of the world. Its 300 branches are located throughout South and North America, Asia, [...]

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Posted May 10, 2010 by ][-NooM-][ under Benchmark Lending

China moves again on lending, Economy stronger

Worries that the government, emboldened by the robust growth and wary of price pressures, will act more aggressively to tighten monetary conditions weighed on the benchmark Shanghai Composite Index, which fell to its lowest close in more than three months. China has ordered a further clampdown on excessive bank lending to ensure credit has not [...]

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Posted May 3, 2010 by ][-NooM-][ under Benchmark Lending, More Financial