Kotak Mahindra Bank opposes 100% FDI in banking; says Indian savers must benefit

Kotak Mahindra Bank opposes 100% FDI in banking; says Indian savers must benefit

“I think you have to make up your mind whether banking is intrinsic to the economy and if it is, then do you want all earnings which is intrinsic to be exported? You'd rather have Indian savers get the benefit of growth in our structural economy sector,” said Dipak Gupta, joint managing director of the bank.
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Nonprofit Streams Free TV, Inviting Broadcaster Suit

David Goodfriend expects an angry call from lawyers at CBS or NBC any day now. “It's been a week and we haven't heard anything,” Goodfriend, 49, said in an interview. “I don't know how long that will last, but it's been longer than I'd ever thought.” Goodfriend is bracing for battle because his new TV
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Rep. Gabbard Votes Against Predatory Lending Legislation

Hawai'i Rep. Tulsi Gabbard voted against legislation that would unravel protections against discriminatory lending and weaken fair housing laws. H.R. 2954, the Home Mortgage Disclosure Adjustment Act, exempts the vast majority of lenders from releasing data used to identify and prevent
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5 things you need to know now

White House budget director Mick Mulvaney said Friday that should the government shut down, mortgage lenders Freddie Mac and Fannie Mae will continue to operate, as will the U.S. Postal Service and Transportation Security Administration. “There is no reason that you have to deal with DACA this
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Greg's Clark's Land Registry note signals Verify's use in digital mortgage scheme

In a departmental contingent liability note published by Business Minister Greg Clark discussing HM Land Registry (HMLR) plans to launch the digital mortgage service, Clark said the Land Registry's new service would enable borrowers to sign mortgage deeds digitally, speed up the re-mortgage
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Mopar will outfit new Wrangler with host of accessories

Pietro Gorlier, head of Mopar, next to a Mopar-outfitted Jeep Wrangler at the North American International Auto Show media preview day, in Detroit, … over comparable models from the last generation, but Gorlier doesn't believe that will cause owners to hold back when it comes to buying accessories.
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Housing reform should be next priority of Congress

“It's time for Congress to stop avoiding housing finance reform,” said Jon Gedde, Chairman of the Nevada Mortgage Lenders Association and Senior Loan Advisor at Alderus Mortgage “Fannie Mae and Freddie Mac have been ignored for far too long and their long-term future must be addressed.”
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Free spins to mega fortune, wager free

livertool wrote: at least for Finnish players, Correct.:Smile:
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Journey, Def Leppard tour slated for Ruoff Home Mortgage Music Center

Concert goers may soon be screaming “Pour Some Sugar on Me” “Anyway You Want It” in Noblesville. But likely not in that order. Journey and Def Leppard announced Friday a co-headlining tour that will begin May 21 in Hartford, Conn. and wrap up Oct. 6 in Los Angeles. The six-month, 58-city tour will
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CFPB To Reconsider Payday Lending Rules

This week, the CFPB announced that it will be reconsidering controversial new rules that would have dramatically altered the payday lending industry. The rules were expected to reduce lending volume, and were one of the last actions of the former Obama-appointed director. Is this announcement bad
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3 FanDuel Premier League Trends to Exploit for Matchweek 24

Spotting trends is one way to stay ahead of the crowd in Premier League DFS. Here, we're going to try to hone in on recent occurrences across the EPL DFS landscape that appear to be a sign of things to come. This article is geared toward FanDuel's main slate, which begins at 10 a.m. EST on Saturday
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Open Banking Puts Fintech And Bank Comms Under Scrutiny

Speaking at a Bite Spotlight business trends event this week, in a wide-ranging debate about cryptocurrencies, fintech, Brexit and Davos, Jason Karaian, global finance editor of Quartz, said Open Banking (aka EU directive PSD2, which forces the big banks to open up their data) would have a huge
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FHFA Director Watt Weighs in on Financial Reform Debate

Bloomberg News is reporting on a proposal from Federal Housing Finance Agency (FHFA) Director Melvin Watt regarding the future of Fannie Mae and Freddie Mac (the GSEs). The two former companies, which have been in conservatorship under FHFA since 2008, are at the heart of the current debate
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Burton land sale clears way for potential Fortune 500 development

Zelenko also could not disclose at this time what type of business is slated to go on the property, but she said NorthPoint Development is dealing with a Fortune 500 company. The parcel zoned general industrial was previously tabbed for development of a 106-acre indoor and outdoor shooting range in
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Morning Scan Senate's maverick move on GSEs; latest in 'As the CFPB Turns'

American Banker's Ian McKendry cranked out a couple of nice scoops late Thursday: one detailing the Senate's efforts to go its own way on housing finance reform with a “bill that would place Fannie Mae and Freddie Mac into receivership, repeal their charters, and replace them with multiple mortgage
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Amazon Boosts Monthly Prime Membership Fees by 20%

Amazon.com Inc. said existing monthly members will start paying the higher fees next month. Amazon said its $5.99-a-month Prime membership for low-income people who receive government assistance is not affected by the price increase. Amazon launched the discounted Prime membership last year
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Cloudstar names VP of business development

In her new role, Grace will be responsible for fostering new relationships and nurturing existing clients, the company said. “We believe in hiring industry leaders. Deb's warm personality and extensive knowledge and dedication to the land title industry will most certainly benefit our clients while further
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Quest Diagnostics Named One of 2018 "World's Most Admired Companies" by Fortune Magazine …

SECAUCUS, N.J., Jan. 19, 2018 /PRNewswire/ — Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, today announced that it has been named one of the “World's Most Admired Companies” for 2018 by Fortune for the third consecutive year. The annual
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Why Sony and Nintendo Stocks Could Rack Up Higher Scores

… its Star Wars Battlefront II game last fall after facing a consumer backlash. But as gamemakers strive toe please investors, such retreats are likely to be the exception, not the rule. A version of this article appears in the Feb. 1, 2018 issue of Fortune with the headline “Can Video Game Stocks Level Up?”
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Continued rent increases in Vallejo, Solano County, Napa area shrinks 'affordable' options

Rents in the Vallejo area continue rising, threatening to eliminate what may be the only relatively affordable housing market in the Bay Area, according to an industry publication's year-end report. Having analyzed rents in more than 50 Bay Area cities, RENTCafé found that while “rent growth slowed
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