Reserve Bank of India - Central Bank News

Central Bank News

Nama planning €500m asset disposal Friday, September 10, 2010 @ 7:50AMThe National Asset Management Agency is in “advanced discussions” on the disposal of about €500 million worth of properties, chief executive Brendan McDonagh said today.
Capital rule concerns pressure global stocks Friday, September 10, 2010 @ 7:47AMGlobal stocks were pressured by concerns over banks ahead of a meeting to finalize European capital rules at the weekend, while brighter U.S. and Chinese data hurt the safe-haven appeal of the Swiss franc and yen
Deutsche Bank expected to lead the way in capital raises Friday, September 10, 2010 @ 7:47AMDeutsche Bank is set to lead rivals raising billions of euros as new global capital rules to be unveiled this weekend bite, and showed it may be good to get the jump on the pack
Bank Rossii’s Ruonia Spurs Deutsche Bank Swaps: Russia Credit Friday, September 10, 2010 @ 7:46AMRussia’s market for interest-rate swaps is set to expand as a new interbank rate fuels trading and cuts corporate borrowing costs.
Gilmore criticises Trichet proposal Friday, September 10, 2010 @ 7:44AMThe Labour Party has strongly criticised a proposal from Jean-Claude Trichet, president of the European Central Bank that eurozone members in breach of the region’s rules on public finances be excluded temporarily from Europe’s political decision-making.
Get ready for a âGreenâ Saturday in the Chathams Friday, September 10, 2010 @ 7:43AMTHE CHATHAMS - Get ready to “go green” with Chatham Borough and Chatham Township’s joint third annual “Green Fair of the Chathams” from 9 a.m. to 2 p.m. this Saturday, Sept. 11, at Reasoner Park, site of the Chatham Community Gazebo off Fairmount Avenue in Chatham Borough.
Hungary inflation drops to to 3.7 per cent in August Friday, September 10, 2010 @ 7:43AMBudapest - Inflation fell from 4 per cent in July to 3.7 per cent in August, according to data published by the Hungarian Central Statistics Office on Friday.
Community Calendar for Sept. 10, 2010 Friday, September 10, 2010 @ 7:39AMNormal
Indian bank loans up 19.4 pct on year as of Aug 27 Friday, September 10, 2010 @ 7:37AMMUMBAI, Sept 10 (Reuters) - Indian bank loans rose 19.4 percent on year as of Aug. 27, the central bank's weekly statistical supplement (WSS) showed on Friday.
Bank staff who knew of Anglo insolvency ‘should tell police’ Friday, September 10, 2010 @ 7:34AMEmployees of the Bank of Ireland who were told that Anglo Irish Bank was insolvent prior to the bank's guarantee scheme being announced in September 2008 have been told to report the issue to the Gardai ( Irish Police ), Irish Finance Minister Brian Lenihan told the press yesterday.
Regina's Rainbow Youth Centre seeks voters to help win $100,000 grant Friday, September 10, 2010 @ 3:41AMThe Rainbow Youth Centre is looking for the community's help to win a $100,000 grant through the Pepsi Refresh Project.
Visa scam: CBI to grill Goa ex-minister Pacheco Friday, September 10, 2010 @ 3:40AMMickey Pacheco's bank accounts have also been frozen and his three mobile phones taken away by the CBI.
JSC SITRONICS UK Regulatory Announcement: Half-yearly Report Friday, September 10, 2010 @ 3:40AMMOSCOW--(BUSINESS WIRE)--FOR IMMEDIATE RELEASE September 10, 2010 SITRONICS ANNOUNCES UNAUDITED SECOND QUARTER AND FIRST SIX MONTHS 2010 FINANCIAL RESULTS MOSCOW, Russia – September 10, 2010 – JSC SITRONICS (‘SITRONICS’ or ‘the Group’) (LSE: SITR), the leading provider of technology solutions in Russia and the CIS, today announced its unaudited consolidated US GAAP financial results for the ...
Indian industrial output grows 13.8 pct in July Friday, September 10, 2010 @ 3:40AMIndia's industrial production witnessed 13.8 percent of year-on-year increase in July, much higher than 7.7 percent of economists' projections, said a release by the Ministry of Statistics and Program Implementation Friday.
Friday's news and tips Friday, September 10, 2010 @ 3:39AM■ Tanzania-focused gold miner African Barrick Gold has appointed industry veteran Marco Zolezzi as its chief operating officer. ■ JD Wetherspoon took another swipe at government taxes on the pub industry as it revealed like-for-like sales grew by just 0.1 per cent in the year ended 25 July, although profit was up over 7 per cent.
India industrial output surges 13.8% Friday, September 10, 2010 @ 3:34AMNEW DELHI: India's industrial output in July leapt by 13.8 per cent, data showed Friday -- far outpacing market forecasts -- as consumer demand in Asia's third-largest economy remained robust.
Trichet: phasing out crisis measures to take time Friday, September 10, 2010 @ 3:32AMIt may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank's president has said.
Quake to have impact on monetary policy, economists say Friday, September 10, 2010 @ 3:31AMThe collapse of South Canterbury Finance and the earthquake in Christchurch will have fall out for monetary policy, with economists predicting the Reserve Bank of New Zealand (RBNZ) will leave the official cash rate (OCR) unchanged next Thursday. read more
Trichet: Phasing out Crisis Measures to Take Time Friday, September 10, 2010 @ 3:28AMECB's Trichet: phasing out special crisis funding for banks will take time European Central Bank - United States - Jean-Claude Trichet - Business - Banking Services
Deutsche Bank set for early move in dash for cash Friday, September 10, 2010 @ 3:28AMDeutsche Bank is set to lead rivals raising billions of euros as radical new global capital rules to be unveiled this weekend bite, and showed it may be good to get the jump on the pack.
We will not forget Thursday, September 9, 2010 @ 11:37PMThis weekend will mark the ninth anniversary of the most recent domestic tragedy in national history. Sept. 11, 2001 will forever be ingrained in everyone's memory. Our country has never been the same since the World Trade Towers fell.
Governor initiates state-wide 9/11 food drive Thursday, September 9, 2010 @ 11:36PMPerdue drives initiative to help the state's hungry while encouraging support for local food banks.
IMF Resumes Direct Gold Dumping, Sells 10 Tons Of The Shiny Metal To Bangladesh Thursday, September 9, 2010 @ 11:36PMIt has been a while since the IMF sold gold directly to sovereign countries. Today that changed, as once again the IMF is either telegraphing it is happy with a gold price of $1,250 (although its sales last year did not prevent gold from surging to record highs as of two days ago), or that it is increasingly poorer (as it is now solely supporting a broke Europe, that would not be surprising ...
German central bank board member Sarrazin to quit Thursday, September 9, 2010 @ 11:36PMBERLIN - A member of Germany's central bank who made disparaging remarks about Muslims and Jews in a disputed book has agreed to quit his position on the board, the Bundesbank said in a statement Thursday.
Japan economy's pulse stronger in 2Q than thought Thursday, September 9, 2010 @ 11:35PMJapan's economy wasn't quite as weak in the second quarter as first thought but faces a murky outlook, the government said Friday as it unveiled a new $11 billion stimulus package.
Sebastián Piñera’s Full Plate Thursday, September 9, 2010 @ 11:32PMOn March 11, 2010, Sebastián Piñera was sworn in as the Republic of Chile’s 35th president in a ceremony at the National Congress in Valparaíso. The new president received a dramatic greeting as a 6.9 magnitude earthquake rocked the inaugural ceremony.
Ackerman: Cup races to bring big finish at Eagle Thursday, September 9, 2010 @ 11:32PMEagle Raceway is ready for a big finish to its racing season. The track will host the Nebraska Cup on Sunday, the third race in three nights for the ASCS Midwest Sprint Cars. The drivers start Friday night at the Central Missouri...
Selectmen await fire station bids Thursday, September 9, 2010 @ 11:32PMWHITEFIELD -- Selectmen hope to save a few bucks and not have to borrow as much to build a new fire station.
Burning of John Maynard Keynes Book Causes Uproar Thursday, September 9, 2010 @ 11:30PMThe central banking and political world are up in arms about a planned John Maynard Keynes book burning. The burning was announced by Jeff Berwick, Chief Editor of The Dollar Vigilante, to take place on December 23, the anniversary of the Federal Reserve Act of 1913.
Copper Heads for First Weekly Drop in Four as China Moves Release of Data Thursday, September 9, 2010 @ 11:27PMCopper extended yesterday’s slump, heading for the first weekly drop in four, as China brought forward the release of August economic data to Saturday, prompting speculation the results may disappoint investors.
German banker quits over rascim claims Thursday, September 9, 2010 @ 7:09PMGermany's Bundesbank has announced the resignation of a board member accused of making racist remarks.
In Berlin, Chinese Food Meets German Wine Thursday, September 9, 2010 @ 7:03PMAt a time when a book has stirred debate over immigration in Germany, a Berlin restaurant with a Chinese immigrant owner and an extensive German wine list is thriving.
British economy 'best in G7' but outlook is still gloomy Thursday, September 9, 2010 @ 7:01PMTHE British economy is set to fare better than its rivals in the G7 nations in the third quarter of the financial year, international forecasters claimed yesterday.
Peru Increases Rate to 3% as Economy Fuels Inflation Thursday, September 9, 2010 @ 7:01PMPeru’s central bank raised its benchmark lending rate for a fifth straight month as the fastest economic expansion since 2008 threatens to push inflation beyond the central bank’s target.
Donations to feed hungry being taken at banks Thursday, September 9, 2010 @ 7:00PMWachovia Bank is teaming up with the Central Pennsylvania Food Bank to collect food for those in need.
Reign Fills Needs at Both Ends of Ice Thursday, September 9, 2010 @ 7:00PMONTARIO, Calif. - The Ontario Reign, proud affiliate of the NHL Los Angeles Kings, announced the signing of forward Jordan Morrison and defenseman Luke Beaverson to standard contracts for the 2010-11 season.
In Short Thursday, September 9, 2010 @ 6:58PMA round-up of today's other stories in brief
Anglo applied lower value to Nama bonds than banks Thursday, September 9, 2010 @ 6:55PMSTATE-OWNED Anglo Irish Bank applied a lower value to the first State-backed bonds received from the Government’s National Asset Management Agency than Allied Irish Banks and Bank of Ireland on the first loan transfers, according to the banks’ half-year accounts.
Quinn Insurance recorded deficit of €788m last year Thursday, September 9, 2010 @ 6:55PMQUINN INSURANCE recorded a deficit of €788.4 million in unaudited accounts for 2009 that have been provided to the Financial Regulator.
Incubator Bank to File for Bankruptcy Today, Government to Insure Deposits Thursday, September 9, 2010 @ 6:55PMIncubator Bank of Japan Ltd., a Tokyo-based small business lender, plans to file for bankruptcy protection today, Japanese Financial Services Minister Shozaburo Jimi said.
Thole: Martens and Stratton heading into Hall of Fame Thursday, September 9, 2010 @ 1:31PMIn case you have been out of town or haven't heard, Dr. Alena Martens '98, Mike Stratton '80, Kurt Gunning '87 and Nate Dwyer '97 will be inducted into the St. Croix Valley Athletic Hall of Fame at The Grand Ballroom in Stillwater on Wednesday, Sept. 29.
Trichet Says Weaning Banks Off ECB's Emergency Lending Will `Take Time' Thursday, September 9, 2010 @ 1:29PMEuropean Central Bank President Jean-Claude Trichet said it will take time to wean banks off its emergency lending measures, which policy makers extended last week into 2011.
SunTrust names Fuller CEO of central Florida unit Thursday, September 9, 2010 @ 1:27PM(AP:ATLANTA) Bank holding company SunTrust Banks Inc. on Thursday named David E. Fuller president and chief executive of its central Florida division, effective Sept. 16.
U.S stocks gained in midday on hopes spread on labor data… Thursday, September 9, 2010 @ 1:20PMU.S stocks gained in midday on hopes spread on labor data…
Europe needs 'quantum leap' in budget checks: ECB chief Thursday, September 9, 2010 @ 1:19PMEuropean Central Bank chief Jean-Claude Trichet called for a "quantum leap" in budget checks on eurozone nations in the wake of the Greek debt crisis, in an interview released Thursday.
Intermedica Said to Seek Bids, Draw Interest From Bain, Summit Thursday, September 9, 2010 @ 1:15PMIntermedica Sistema de Saude SA, a closely held Brazilian health-insurance company, is seeking bids in a sale that may fetch more than $800 million and draw interest from U.S. private-equity firms, said two people with knowledge of the situation.
Entertainment listing to Sept. 17 Thursday, September 9, 2010 @ 1:12PMNIGHTLIFE ANGEL INN: The Athertones, Sept. 9. Regent Street, Niagara-on-the-Lake, 905-468-3411. ART'S RESTAURANT: Karaoke with B & E, Saturdays, 9 p.m.-1 a.m. 45 Geneva St., 905-684-4372. BLAZING SADDLES RESTAURANT AND BAR: Karaoke, Fridays.[...]
Ray Sandhagen to Remain Chairman Thursday, September 9, 2010 @ 1:12PMATLANTA, Sept. 9 -- SunTrust Banks, Inc. (NYSE: STI) today announced that David E. Fuller has been n...
Trichet: do not see inflation deflation risk Thursday, September 9, 2010 @ 1:05PMThere are no deflation or inflation risks in the euro zone at the moment European Central Bank President Jean-Claude Trichet was quoted as saying on Thursday.
Trichet: Break The Eurozone Rules And We'll Take Your Vote Away Thursday, September 9, 2010 @ 1:03PMThe ECB is ready to push for a more hardline approach to dealing with offenders, and suggest the EU take the tough decision to bar states from voting if they break the rules.