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  • S&P 500 Index Down 1.7%; Banks Weak 28 Nov 2009 00:13 GMT
    ... markets. Crude oil and god decline. UK banks with $50 billion of exposure may take ... of Scotland led a consortium of seventy bankers to fund most of the debt that ... 0.78% to 680.37. The Sensex index in India decreased 222.92 or 1.32% to 16,632.01. The markets ...

  • Dubai loan portfolio not significant: banks to RBI 28 Nov 2009 00:31 GMT
    ... Indian banks have informed the Reserve Bank of India that their loan books in Dubai are insignificant compared to their total turnover. The reports ...

  • Indian Stocks Fall; Ranbaxy, Sun Pharma Up 28 Nov 2009 00:13 GMT
    ... traded lower on the worries that Indian banks may have exposure to the loans that ... the Bank of International Settlements and Emirates banking industry association. The Sensex index in India decreased 222.92 or 1.3% to 16,632.01 and ...

  • Assessing fallout of Dubai's credit disaster 28 Nov 2009 00:12 GMT
    ... Dubai companies such as DP World, asked banks this week for a “standstill” agreement as it ... last year, compared with 81 percent in India and 50 percent in the United States. It ...

  • Fund in Focus: Placing their trust in the long term is still the key after 100 years 28 Nov 2009 00:31 GMT
    ... 100 years after they established the Scottish Mortgage Investment Trust, history would provide such uncanny ... inappropriate to lump together Brazil, China and India as each country is unique and provides very ...

  • Dubai shock! Why it happened, how it hits India 27 Nov 2009 12:15 GMT
    ... excess of $80 billion by expanding in banking, real estate and transportation. Dubai World with ... its lenders. So how will this affect India and why did the crisis happen? Click ... Poor's placing the ratings of four Dubai-based banks on negative outlook due to their exposure ...

  • No Boring Banking, Please 27 Nov 2009 19:14 GMT
    ... But it's got a flip side: boring banking. Boring, as in musty, thick-walled, dimly lit ... suggests brand solidity. Or boring, as in banks sticking to lending or luring. Or, finally, ... today's "24/7/365" formula against yesterday's 3-6-3. In India boring banking's "an oxymoron", he wants all ...

  • India: Drought, debt waver scheme affects loan recoveries in Himachal 27 Nov 2009 14:14 GMT
    ... India: Drought, debt waver scheme affects loan recoveries ... it has seriously dented bankers, mainly cooperative banks here, whose recoveries have sharply fallen and ... anonymity said, “farmers, who mainly do their banking with cooperative banks, in the hope of ...

  • Indian banks say Dubai crisis unlikely to affect them 27 Nov 2009 12:10 GMT
    ... have any major impact on the country's banking sector as Indian banks have an insignificant exposure to the Gulf ... Baroda, ICICI Bank and State Bank of India — said their exposure to real estate ...

  • Banks say Dubai crisis unlikely to affect them 27 Nov 2009 12:32 GMT
    ... have any major impact on the country's banking sector as Indian banks have an insignificant exposure to the Gulf ... Baroda, ICICI Bank and State Bank of India--said their exposure to real estate firms in ...

  • Minister says Dubai debt woes won't hit India economy 27 Nov 2009 14:40 GMT
    ... NEW DELHI - The strength of India's trillion-dollar economy means it will likely not ... central bank said, meanwhile, it would ask banks to report their exposure to Dubai World. ...

  • RPT-UPDATE 1-Dubai debt fears hammer Asia banks, builders 27 Nov 2009 10:54 GMT
    ... TOKYO, Nov 27 (Reuters) - Banks and builders bore the brunt of selling ... restructuring could be considered a default. 'Within banking specifically, the biggest exposure appears to be ... details on how much was owed. In India, shares in DLF, the country's biggest listed ...

  • Dubai debt fears hammer Asia banks, builders 27 Nov 2009 11:11 GMT
    ... Dubai's closed stock market on the first... Banks and builders bore the brunt of selling ... restructuring could be considered a default. "Within banking specifically, the biggest exposure appears to be ... details on how much was owed. In India, shares in DLF, the country's biggest listed ...

  • Dubai debt woes won't hit India economy: minister 27 Nov 2009 17:42 GMT
    ... press conference at the ministry in New Delhi. ... NEW DELHI (AFP) – The strength of ... across the globe. said in New Delhi: "India is a very large economy. It is ... Indian remittances." said, meanwhile, it would ask banks to report their exposure to Dubai World. ...

  • Dubai shock hammers Asian banks, builders 27 Nov 2009 18:25 GMT
    ... Banks and builders bore the brunt of selling ... restructuring could be considered a default. "Within banking specifically, the biggest exposure appears to be ... Leighton shares lost 4 per cent. In India, shares in DLF, the country's biggest listed ...


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