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Indian Bank
Выбор редакции
29 ноября, 14:07

Indian bank demands compensation for cash deluge

SBI concerned about burden of managing flurry of deposits since shock demonetisation

Выбор редакции
29 ноября, 14:07

Indian bank demands compensation for cash deluge

SBI concerned about burden of managing flurry of deposits since shock demonetisation

Выбор редакции
18 ноября, 22:00

INDIA CURRENCY CRISIS - India Govt Bans 500 & 1000 Rupee Cash. Attempts To Stop Tax Evasion! WTF!

Indian banks are running out of replacement money after the government scrapped 86% of the cash in circulation last week. The BBC's Sanjoy Majumder travelled to northern Rajasthan to see how rural India, where cash accounts for almost all transactions, is coping. It is 05:00 in Kirdola... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://www.newsbooze.com or http://goldbasics.blogspot.com for full links, other content, and more! ]]

15 ноября, 19:01

India to use indelible ink to change cash once

INDIAN banks will use indelible ink to ensure that people only change old notes for new ones once under Prime Minister Narendra Modi’s scheme to fight “black money,” resorting to a tactic used to prevent

10 ноября, 19:01

Long lines at Indian banks after reopening

Long queues formed outside banks in India yesterday as they reopened for the first time since the government’s shock decision to withdraw the two largest denomination notes from circulation.

Выбор редакции
10 ноября, 15:43

Millions line up at Indian banks to swap rupee notes

India's sudden switch to new banknotes left millions of people lining up Thursday to get their hands on the cash.

Выбор редакции
10 ноября, 15:26

Indian banks overwhelmed after rupee withdrawal

Shortage of smaller-denomination banknotes leaves families struggling to buy essentials

Выбор редакции
10 ноября, 13:57

Indian banks call in police as people rush to ditch old banknotes

NEW DELHI/MUMBAI (Reuters) - Indian banks called in thousands of police on Thursday to manage huge queues outside branches, as people tried to exchange bank notes abruptly pulled out of circulation by Prime Minister Narendra Modi in a crackdown on "black money".

Выбор редакции
10 ноября, 09:27

India rupees: Chaos at banks after 'black money' ban

Chaotic scenes at Indian banks as people exchange banknotes withdrawn as an anti-corruption measure.

Выбор редакции
09 ноября, 17:47

Financial services cheer India's shock bank note curbs

* Property among sectors likely to be hit by Indian bank note move

09 ноября, 04:46

Why Iran and India Are Getting Closer

Alex Vatanka Politics, Asia Iran's agenda with India is much bigger than just one gas field. The last few weeks has seen a flurry of important announcements in Iranian-Indian relations. It is usually the commercial transactions that capture most of the headlines, but the potential for closer ties between these two states runs much deeper. In fact, both Tehran and Delhi have long eyed each other as befitting strategic partners that together can link up the subcontinent and west Asia in ways unseen before. And now the promise of a couple of major energy and transportation projects can provide the much-delayed impetus to push ahead. Post-Sanctions The lifting of much of the international sanctions regime on Iran following its July 2015 nuclear agreement with world powers removed a key obstacle in Tehran’s efforts to free itself from global economic isolation. While it is Iran’s growing dealings with Western states and companies that the media attention is typically fixed on, Tehran’s wooing of Asian states such as India is no less momentous. Steps are presently being taken to clear the path of large-scale commercial tie-ins. For example, it emerged on 1 November that after much delay, Delhi has finally paid Iran $6 billion in outstanding debt. The debt was for Indian oil imports, which Delhi argued it could not pay due to global banking sanctions on Tehran. The Iranians, never much convinced about how hard Delhi was sincerely trying to reimburse them, nonetheless didn’t let the issue to cloud their long-view on India. Meanwhile, it also emerged on 1 November that an Indian bank was one of only three foreign banks (the others from Oman and South Korea) to open a branch in Iran. Elsewhere, Air India has announced that it will re-launch direct flights to Tehran from Delhi. The last direct flight service between the two countries had come to an end in 1994. Read full article

Выбор редакции
21 октября, 14:28

Indian bank authorities say 3.2 million debit cards hacked

Indian banks scrambled Friday to contain the damage after finding that more than 3.2 million debit cards may have been hacked.

Выбор редакции
21 октября, 10:39

Millions of Indian debit cards 'compromised' in security breach

A number of Indian banks are taking safety measures amid fears that the security of millions of debit cards may have been compromised.

Выбор редакции
21 октября, 10:39

India debit cards security 'compromised'

A number of Indian banks are taking safety measures amid fears that the security of millions of debit cards may have been compromised.

Выбор редакции
17 октября, 05:57

L&T wants Indian banks to shoulder losses

Construction group urges lenders to be ‘pragmatic’ in selling distressed assets as projects stall

13 октября, 02:00

Research indicates Indian consumer’s preference for the Indian Gold Coin

Indian Gold Coin currently available at select branches of four Indian banks – Indian Overseas Bank, Federal Bank, Vijaya Bank and Yes Bank  The Indian Gold Coin is among the key initiatives of the gold monetisation programme launched by Prime Minister Narendra Modi on 5th November 2015 and is the country's first sovereign gold coin. A detailed study commissioned by the MMTC and...

29 сентября, 06:00

Why Are We Still Using Cash?

It facilitates crime, bribery, and tax evasion – and yet some governments (including ours) are printing more cash than ever. Other countries, meanwhile, are ditching cash entirely. And if Star Trek is right, we won’t have money of any sort in the 24th century. The post Why Are We Still Using Cash? appeared first on Freakonomics.

30 августа, 18:13

Pemex Security Officers Caught Red-Handed At Fuel Pipeline

Five security officers in the employment of Mexico’s state oil company Pemex were caught siphoning fuel from a pipeline in the state of Veracruz as the country struggles to contain pipeline theft that is burgeoning out of control. Police responding to an emergency call found the five security personnel while they were filling a 1,500-liter tank. The security officers reportedly threatened the police at gunpoint and attempted to pull jurisdiction. The debacle ended when state police reinforcement were called in and arrested the Pemex security…

30 августа, 17:08

As Oil Crisis Bites, Brazilian States Mull New E&P Taxes

Brazil’s oil-producing states are considering the implementation of new taxes for exploration and production companies operating on their territory in a bid to prop up their ailing finances, struck hard by the continuing oil price depression. The idea is not new: last year Rio de Janeiro imposed a tariff of 2.71 reals (US$0.84) for environmental surveillance on every barrel of crude oil and oil equivalent, along with an 18-percent VAT rate on locally extracted oil. Naturally, the tariff and the tax did not sit well with the local operators--including…

26 августа, 20:00

Bolivian Deputy Minister Killed By Protesting Miners Near Capital

Rodolfo Illanes, Bolivia’s Deputy Interior Minister died on Thursday after he was taken hostage by a group of mining workers demanding mining concessions with less stringent environmental regulations. President Evo Morales declared Friday a day of “deep pain” for Bolivia, after it was revealed that the 56-year-old was beaten to death. The miners kidnapped him at a roadblock they had created on a major highway 100 miles outside of La Paz. Reuters reports that the roadblock was lifted Friday morning. "Our natural resources belong…