Cong demands white paper on banking sector health, wants banks to declare losses

The Congress on Sunday demanded the Narendra Modi government bring a white paper on the health of Indian baking sector and that the banks should declare their losses due to bank frauds as also their total non-performing assets (NPAs) as on December 31, 2017. “Since the Budget session of
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Achieve Career Consultant Pte Ltd is hiring Relationship Manager (Perm)/ Retail Banking / Up to S$4K Basic / Islandwide. Company Industry: Banking & Financial Services. Company Size: 51 – 200 Employees. Career Level: Entry Level.
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With volatility back on the radar, one of the Nordic region's biggest asset managers is considering relying a bit more on hedge funds to help oversee his portfolio. Mikko Mursula, the chief investment officer of Ilmarinen Mutual Pension Insurance Co., says “we are feeling more positive about hedge funds
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“We're excited to have a full solution in Blend with Day 1 Certainty embedded available for all our borrowers,” said SWBC Mortgage CEO Susan Stewart. “Blend and Fannie Mae have been incredible partners on our journey to transform the mortgage process, and we look forward to taking this next big
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After a year of U.S. President Donald Trump, the trans-Atlantic security establishment seems unsure whether to be relieved that a major war hasn't begun on his watch or alarmed at the scale of emerging risks. Speeches and panel discussions at the Munich Security Conference in Germany over the
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Noble Group Ltd., the commodity trader that's seeking to restructure its debt, said it expects to report a net loss of between $1.73 billion and $1.93 billion for the final quarter of last year, potentially bringing losses for all 2017 to almost $5 billion. For now, given talks with creditors and finance provided by
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The mobile division SoftBank Corp. assures payments to investors on $33.4 billion in bonds of its parent, which is rated junk by Moody's Investors Service and S&P Global Ratings, according to Bloomberg-compiled data. The unit needs to prove its independence to get listed on the Tokyo Stock
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Presidents' Day is a federal holiday, which means there's no mail and certain finances are put on hold as well. While most banks are closed, a few choose to stay open, so it may be best to check with your local branches. Online banking and ATMs will, of course, remain open, though transactions such as
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Zacks Investment Research cut Orthofix International from a buy rating to a hold rating in a report on Wednesday, November 8th. TheStreet cut Orthofix International from a b rating to a c+ rating in a report on Tuesday, October 31st. Finally, BTIG Research set a $56.00 price target on Orthofix International
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Privacy Statement. Fortune Wings Club is committed to: The protection of your privacy and personal information. Only our staff who require your personal information for work purposes will have access to your personal information. Hainan Airlines will not disclose your personal information to third parties
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The Year of the Dog celebrates the return of spring and the beginning of the Chinese New Year. This is a festival of unity, a way for friends and family to come together to enjoy traditions that will bring good fortune for the coming year. 2018 celebrates the dog, a symbol of loyalty and honesty, as we
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Finance spokesperson Michael McGrath had first signalled his opposition last week to the plans of Government-owned banks to sell mortgage loans to vulture funds because homeowners won't have the same consumer protections when their loans are sold to the new owners. An amendment to the
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NEWS that house prices dipped in January shouldn't come as a surprise, with new buyer enquiries falling for the tenth consecutive month, sales dipping and valuations (for potential sales) showing no signs of optimism. You should be forgiven, however, for being apathetic about house prices or stock
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Banks have been historically cautious in lending to these companies and the exposure to the gems and jewellery sector has never exceeded over 3.5% of total bank loans in the past decade. The fact that such caution was thrown to the winds while lending to Nirav Modi's companies and his associates
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In last week's column, I asked merchants and shop owners to name one thing they would change about downtown if they could snap their fingers and make things magically transform. So this week, I went searching to find out what people think is downtown's best attribute, or something they think the city
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Guild Mortgage Co. was founded in 1960 during the fledgling years of the U.S. mortgage industry, and is a nationally recognized independent mortgage lender. They offer a wide range of residential mortgage products and local in-house processing, underwriting and funding. The company claims a
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CALC spotlighted three main areas — the nation's $1.6 trillion mortgage book, the $52.2 billion credit card industry and motor vehicle debt — to illustrate its overriding concern about the impact of irresponsible lending on financial stress. Evidently, the commission shares CALC's disquiet, flagging it will
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Controversial software company GetSwift's shares have plummeted nearly 60 per cent after it revealed the majority of its customers, including the big name clients it crowed about in announcements, do not pay for its service and are currently in a “pre-revenue generating phase”. GetSwift managing
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Colliers International Group logo Shares of Colliers International Group Inc (NASDAQ:CIGI) (TSE:CIGI) have been given a consensus recommendation of “Buy” by the ten brokerages that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold
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Achieve Career Consultant Pte Ltd is hiring Relationship Manager, Workplace Banking (Perm)/ $6K/Changi. Company Industry: Banking & Financial Services. Company Size: 51 – 200 Employees. Career Level: Senior.
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