Finance News Archive
09-Oct-2005
- 'Banking & Finance (Business Standard India) The Reserve Bank of India (RBI) has rejected the applications of HDFC Bank and IndusInd Bank for setting up non-banking Finance companies (NBFCs). By doing so, the central bank has scuttled any attempt to take advantage of the regulatory arbitrage between banks and bank-promoted NBFCs.
- 'PRESIDENT OF AZERBAIJAN ILHAM ALIYEV ASSIGNS ON RENDERING 500 THOUSAND DOLLARS OF FINANCE ASSISTANCE TO THE PEOPLE OF (AzerTag) President of Azerbaijan Ilham Aliyev assigned on rendering 500 thousand US dollars of Finance assistance to the friendly and fraternal people of Pakistan who suffered from earthquake causing heavy human loss and destructions in the country, to eliminate sequences of the natural calamity, the State Committee on Emergencies said.
- 'AFP Annual Conference Highlights Innovations and New Services for Treasury and Finance Professionals (PR Newswire via Yahoo! Finance) The more than 6,000 treasury and finance professionals attending the Association for Financial Professionals' Annual Conference taking place this week in San Antonio, Texas are meeting to discuss the issues impacting their professions and the latest trends and techniques in treasury management.
- 'Gulf Finance House, Kuwait Finance & Investment Company, Qatar Islamic Bank partner for US$400 million Islamic GCC (AME Info) Leading regional financial institutions, Gulf Finance House B.S.C. (GFH), Kuwait Finance and Investment Company (KFIC) and Qatar Islamic Bank (QIB) today announced the launch of US $400 million Al Basha'er GCC Equity Fund - an Islamic equity fund offering investors an excellent opportunity to take part in the surging growth of the region's capital markets.
- 'Finance Committee predicts bad year with $3.3M shortfall (The MetroWest Daily News) WAYLAND -- An expected $3.3 million budget shortfall next year has Finance officials bracing for a tough fiscal road ahead. Officials are blaming "budget busters" of retirement and insurance coverage for pushing Wayland's Finances into the red.

