India’s central bank has raised its key interest rate from 6.75pc to 7.25pc, warning that persistent inflation has become a threat to growth in Asia’s third-largest economy. View full post on All Stories
Posts Tagged ‘Bank’
India raises interest rates for ninth time in a year
Posted by davidguide on May 3rd, 2011
Posted in Lending News 
Tags: Asia, Bank, economy, India, inflation, Interest, Interest rate, interest rates, ninth time, post, rate, s central, Stories, threat, time, View, year 
Comments OffWorld Bank warns of China property market risk
Posted by davidguide on April 28th, 2011
China’s property market is a “particular source of risk” with the potential for ripple effects throughout the economy should an abrupt downturn materialize, the Washington-based World Bank said in a quarterly country report Thursday. View full post on All Stories
Posted in Lending News Tags: Bank, china property, country, downturn, economy, market, market risk, post, potential, property, ripple effects, risk, View, world bank Comments OffJapan Seen Holding Fire, Cutting Forecast on Quake
Posted by davidguide on April 28th, 2011
The Bank of Japan is expected to keep monetary policy steady on Thursday but to sharply cut its economic forecast for the current fiscal year and signal its readiness to ease further if damage from … View full post on All Stories
Posted in Personal Lending Tags: Bank, bank of japan, current fiscal year, Damage, economic forecast, fire, monetary policy, policy, post, quake, readiness, Stories, Thursday, View, year Comments OffPM: Government Tax Revenue Improving
Posted by davidguide on April 26th, 2011
Recently, the nation’s chief indicated to the Bahama Journal that he is pleased with the country’s finances particularly over the last month. “We’re doing better than we were,” he said. “I indicated that we were doing better in March than we have been doing up to last December and we are not where we would [...]
Posted in Personal Lending Tags: bahama journal, Bank, budget, business entity, deficit, GDP, government debt, government tax revenue, Improving, infrastructure investments, ingraham, investment, Journal, March, pace, real estate transactions, report, stamp tax, tax collections, tax proceeds Comments OffBOJ to slash GDP forecast due to quake
Posted by davidguide on April 24th, 2011
The Bank of Japan will revise downward its forecast for the country’s economic growth in fiscal 2011 amid the negative impact from the March 11 catastrophe, according to … View full post on All Stories
Posted in Personal Lending Tags: Bank, bank of japan, BoJ, catastrophe, country, economic growth, forecast, GDP, gdp forecast, impact, March, march 11, negative impact, post, quake, View Comments OffIndian Bank net up 7% to Rs 438.85cr
Posted by davidguide on April 23rd, 2011
Indian Bank has posted a 7% rise in Q4 net profit at Rs 438.85 crore for the quarter ended March 31,2011 as compared to Rs 409.95 crore in the same quarter in the previous fiscal. Total income has increased 24% to Rs 2,865.8 crore from Rs 2,317.72 crore. View full post on All Stories
Posted in Personal Lending Tags: Bank, crore, Fiscal, income, Indian, indian bank, net profit, post, profit, quarter ended march, rise, rs 2, Stories, View Comments OffBrazilian central bank hikes key interest rate to 12 percent
Posted by davidguide on April 22nd, 2011
BRASILIA — Brazil’s central bank boosted its key interest rate to 12 percent Wednesday in a further effort to clamp down on inflation in the surging South American economy. The quarter-point … View full post on All Stories
Posted in Lending News Tags: Bank, Brazil, brazilian central bank, economy, effort, inflation, Interest, Interest rate, percent, post, quarter point, rate, s central, south american economy, Stories, View, Wednesday Comments OffG20 develops ways to monitor each other’s economies
Posted by davidguide on April 17th, 2011
The United States and other major powers will monitor the Indian economy and suggest steps to minimize risks it may pose to global growth under a new surveillance system developed at the World Bank-IMF meetings here this weekend. Shocking? View full post on All Stories
Posted in Lending News Tags: Bank, economy, global growth, imf meetings, indian economy, post, Shocking, Stories, surveillance, surveillance system, system, United States, View, Weekend, world, world bank Comments OffLack of jobs among youth a recipe for wars: World Bank
Posted by davidguide on April 11th, 2011
The World Bank has asked African governments to urgently tackle youth unemployment and inequality among different population groups to avoid losing economic gains. View full post on All Stories
Posted in Lending News Tags: african governments, Bank, economic gains, inequality, Jobs, lack, population groups, post, recipe, Stories, unemployment, View, world, world bank, youth, youth unemployment Comments OffIndia’s growth will slow to 8.2 percent in 2011-12, says ADB
Posted by davidguide on April 8th, 2011
The Asian Development Bank (ADB) has lowered India’s growth forecast to 8.2 percent in the current fiscal from an estimated 8.6 percent in 2010-11, warning that persistently high inflation and rising oil price pose threat to the economy. View full post on All Stories
Posted in Lending News Tags: ADB, asian development bank, Bank, Development, economy, Fiscal, forecast, India, inflation, oil, oil price, percent, post, threat Comments Off
