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BoCom sees strong 2010 China lending, bank profits
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Reuters
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Sat 07 Nov, 02:50 PM
BEIJING (Reuters) - Banks in China are expected to lend 8-9 trillion yuan in 2010, slowing a touch from this year's likely new-loan total of 10 trillion yuan, Bank of Communications (BoCom) said on...
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IMF releases $329.4 million loan to Sri Lanka
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Reuters
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Sat 07 Nov, 07:20 AM
WASHINGTON (Reuters) - The International Monetary Fund said on Friday its executive board completed a review of Sri Lanka's economic performance and released $329.4 million from a stand-by loan...
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BofA suspending federal student loan program
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Reuters
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Sat 07 Nov, 05:00 AM
CHARLOTTE N.C. (Reuters) - Bank of America Corp will suspend its federally-backed student loan program by Dec. 5, the company said in a letter to colleges and universities on Friday, as the U.S. gets ready to end the program...
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Bank loans grew 9.7 pct on yr to Oct. 23
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Reuters
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Fri 06 Nov, 05:40 PM
MUMBAI (Reuters) - Bank loans rose 9.7 percent on year as of Oct. 23, the Reserve Bank of India's weekly statistical supplement showed on...
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Banks likely to retain home loan rates
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Financial Express
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Fri 06 Nov, 01:25 PM
Though the Reserve Bank of India has announced exit from its year-long accommodative monetary policy, major public and private sector banks seem to be inclined towards continuing their cheaper home loan schemes for some more time....
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Indian banks to cash in on higher provisioning coverage: S&P
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Indian Express
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Fri 06 Nov, 03:14 AM
Indian banks stand to gain from higher provisioning coverage, according to the latest report published by Standard & Poor s (S&P). At the industry level, S&P expects the provisions charged to profit and loss statements in...
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