RBI cancels license of Madhavpura Mercantile Co-operative Bank
Asia Bizz: The license of the Ahmedabad-based Madhavpura Mercantile Co-operative Bank has been cancelled by the Researve Bank Of India (RBI) on June 7,...
Delhi CM Sheila Dixit drops proposal to increase VAT on CNG
After facing pressure from various quarters due to the imposition of five percent Value Added Tax (VAT) on Compressed Natural Gas (CNG), Delhi Chief...
Investment tracking system set up approved by Prime Minister
The setting up of an investment tracking system has been approved by the Prime Minister Manmohan Singh so as to ensure speedy implementation of...
Prices of diesel likely to increase by Rs. 4 – 5 per litre
After a massive hike in the prices of petrol in India, the government is now planning to also rope in the diesel fuel in...
Audi launches new finance scheme in India
Premium luxury car maker Audi, along with its finance arm on May 24, 2012 announced the launch of Audi CarLife-Advance. It is a new...
Bank Of Japan maintains ultra low interest rates
On May 23, 2012 the Bank Of Japan maintained its key interest rate unchanged between zero and 0.1 %. The bank also said that...
Delhi International Airport warns to shut operations on non payment of charges
Asia Bizz: On April 10, 2012 the authorities of Delhi International Airport said that it might have to shut down in a couple of...
Japan’s Ogaki Kyoritsu Bank to have biometric dependent ATM
Asia Bizz: A regional bank in Japan, Ogaki Kyoritsu Bank, is expected to launch an automated teller machine (ATM) which will identify users with...
Indian government to shut down loss-making PSU banks
Asia Bizz: Looking at the non-performing assets (NPA), the Indian government is reportedly expected to take a move and direct state-owned banks to shut...
State Bank of India Expects RBI to Bring Down CRR by 0.75 %
Asia Bizz: Popular Indian lender State Bank Of India (SBI) is reportedly expecting the Reserve Bank Of India (RBI) to further unlock liquidity by...
