Union

Barring a couple of large distressed financial firms, non-banking finance companies (NBFCs), particularly in retail, can look forward to a bank-funded revival ... Banks will take the larger share of the loan ... Under co-origination, a formula would have to be worked out where this can be done at a lower cost,” said Rajkiran Rai, MD & CEO of Union Bank....

Edit

Analysts applaud FM’s bonanza; say market to reverse course now

The Times of India 24 Aug 2019

Sitharman on Friday unveiled a slew of measures ranging from a rollback the additional surcharge on foreign portfolio investors (FPIs) and domestic investors which she had introduced at the Union Budget in July, to immediate recapitalisation of public sector banks (PSBs) and a bouquet of measures to ease a taxpayers’ woes....

Edit

Louisiana FCU Mobile Banking

ZDNet 24 Aug 2019

Start banking wherever you are with Louisiana FCU Mobile! Available to all Louisiana Federal Credit Union online banking members, Louisiana... ....

Edit

‘CNG will boost industries in Jharkhand’

The Times of India 24 Aug 2019

Union minister for petroleum and natural gas Dharmendra Pradhan and chief minister Raghubar Das jointly inaugurated the piped natural gas (PNG) supply services in Ranchi on Friday ... Pradhan also said that the Union government is eyeing an investment of Rs 10,000 crore in the next 20 years in Jharkhand....

Edit

Unlocking entrepreneurial energy for growth: RBI Guv

Deccan Herald 24 Aug 2019

"Stimulating demand is currently the overriding priority of both the Government and RBI (Reserve Bank of India) ... Elaborating on the RBI’s 35 bps repo rate cut on August 7, he said the banks have reduced lending rates for new loans by about 29 bps as a follow up since then....

Edit

Unlocking entrepreneurial energy for growth: RBI Governor Shaktikanta Das

The Hindu 24 Aug 2019

The Reserve Bank of India (RBI) will continue to unlock entrepreneurial energies and set the country firmly on track to become $5 trillion economy in the next five years, Governor Shaktikanta Das said in Singapore on August 23 ... He highlighted several measures announced in the Union Budget in July to strengthen the sector....

Edit

I opened high-yield savings accounts two different banks to start earning 20 times more on my money, and I can tell you they live up to the hype

Business Insider 24 Aug 2019

If you're wary about banks that claim their accounts are "free," you have good reason to be. It's hard to find a bank account at a traditional brick-and-mortar bank ... Some banks can be connected to your account instantly, but it took a day to verify my credit union checking account before I could link it to my new savings account....

Edit

Public sector banks go all out to push cheaper retail loans

The Economic Times 24 Aug 2019

Union Bank also introduced two products — the repo-linked home loan and repo-linked vehicle loan at 8.25% and 8.6% respectively ... ....

Edit

Unlocking entrepreneurial energy for growth: Shaktikanta Das

Moneycontrol 24 Aug 2019

"Stimulating demand is currently the overriding priority of both the Government and RBI (Reserve Bank of India) ... Elaborating on the RBI's 35 bps repo rate cut on August 7, he said the banks have reduced lending rates for new loans by about 29 bps as a follow up since then....

Edit

Kashmir is silent as a graveyard, says US media report

Dawn 24 Aug 2019

“Kashmiris’ first experience of Indian law as a union territory is of untrammeled executive power,” Mr Mehta adds. In an open letter to Indian Prime Minister Narendra Modi, Salman Soz, a Kashmiri at the World Bank, rejects his claim that the move aimed at integrating the valley with the union to bringing prosperity and development to it....

Edit

President Faure invited to attend high-level international events | 24 August 2019

Nation 24 Aug 2019

Led by the Japanese government and co-sponsored by the United Nations, the United Nations Development Programme, the African Union Commission and the World Bank, Ticad will see the involvement of more than 4,500 heads of state and government and decision-makers from all sectors of society ... ....