Banks lap up priority sector lending certificates for meeting priority lending targets

Banks lap up priority sector lending certificates for meeting priority lending targets

KOLKATA: The new priority sector lending certificates (PSLCs) — which are being traded through a Reserve Bank of India-promoted platform
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Sydney, Melbourne luxury homes high on the list for expat investors

While the housing affordability issue in Australia precludes more than half the population from owning a home, the wealthy are in the market, happy to
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Gov. Brown Says 'Wheels of Fortune' Turned Against Democrats, Defends Pelosi

So the wheels of fortune in politics turn. And I've seen cases where, when Lyndon Johnson won overwhelmingly against Goldwater, people were
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How the Commonwealth Bank laid the groundwork for a royal commission

A total clean-out of the board and management of the Commonwealth Bank, a complete rethink of the role of our financial institutions, or a subjective
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Brexit Uncertainty Shadows Bank of England's Every Move

Meanwhile housing market activity is slowing, new car sales have fallen for four months in a row and the BOE is putting pressure on banks to rein in
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Banks issue new sort codes in ringfencing of high street operations

The changes to sort codes began over the past month as Barclays rejigs its business ahead of the introduction of rules that require banks to ringfence
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US haul from credit crisis bank fines hits $150bn

A trio of multibillion-dollar settlements with European banks this year has netted $19bn for the Department of Justice and regulators, including $5.5bn
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BUSINESS PEOPLE Northwest Arkansas

Doug Gibson, an affiliate broker of Crye-Leike's Rogers branch office, was ranked No. 2 by REAL Trends among all Arkansas real estate agents based
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Bank Asia ties up with Western Union

Bank Asia will deliver remittance payment services of global money transfer company Western Union (WU) to country's grass root level through its
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Housing prices hot in South Delta

According to the Real Estate Board of Greater Vancouver, the price of a single-family home jumped by 3.5 per cent in both Ladner and Tsawwassen.
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GM Recalls 800000 Trucks for Faulty Power Steering

General Motors is recalling nearly 800,000 trucks that have been found to suddenly lose power steering, potentially causing drivers to lose control of
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Systematic Savings Bank names Derek Fraley president and CEO

Systematic Savings Bank announced Derek Fraley as the long-standing financial institution's new president and CEO, effective immediately.
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Helping Community Banks Diversify

After working for 14 years in large investment shops, Steve Russo went into community banking so he could spend more time with his family, and he
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Retirement home rents soar, putting some seniors in limbo

As housing prices across Greater Toronto rise and supply falls, the same is true for retirement residences, forcing seniors to deplete their savings,
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Housing saga restarted after developer lodges appeal to reverse council verdict

The developer argues its plans will help address the district's 'significant housing supply shortfall', boost choice in the local housing market, improve
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Weak internal control systems in banks

Metropolitan Bank & Trust Corp. (Metrobank) filed a joint complaint-affidavit with the Department of Justice (DoJ) dated July 24 against Metrobank's
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The 'forever' home: Why more people in Southern California aren't selling their homes

In volatile housing markets like California, however, value gains often exceed the exempted amount, meaning sellers face capital gains taxes when
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Wild weather, rough waters cancel 2017 Big Swim

“A mix between fortune and disappointment and trying to steer myself towards fortune,” he explained, “because the reality is we're sending 125 kids to
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Bankers' pay closely tied to deregulation

Banking sector pay is a topic that arouses political passions, but it is also a good barometer of what has been happening in finance over the past
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Sunday Commentary: Housing Debate Has Become a Distraction

At the time, we noted that the rental market has actually been shifting for some time and already there was a sizable number of bed leases, most of
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