India is about to fund $3.56 billion of capital to govrnment-run lenders because of bad and restricted loans. Banks felt relief as the government is ready to help them when they need the capital.
Breaking News
Federal Reserve officials on Tuesday offered their support to the nation's community banks, acknowledging that the complex financial reform effort is saddling small lenders with a heavy supervision load.
The lenders fighting over the titles owned by the Deccan Chronicle would be in dispute.
Lenders based in Oman are developing a wakala, an agency agreement that is sharia compliant to help back their interbank financing needs.
Mark Carney, the bank of England's new governor was urged to set aside GBP1 billion for small businesses to ais in UK's recovery.
Greece and its international lenders picked up where they left off on talks about the country's bailout loan.
World Bank President Jim Yong Kim addressed the aims of the global lender to reduce poverty.
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