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MERCANTILE CREDIT CORPORATION
Why America is set to lose its mercantilist gameDonald Trump's "America First" tariffs revived mercantilism, initially appearing successful for the US. However, China, a seasoned practiti...
What’s behind the CEO resignations in India’s private sector banks?Several private sector bank CEOs, including those from Yes Bank, RBL Bank, Bandhan Bank, and Tamilnad Mercantile Bank, have resigned amidst...
Inglorious exits of some private sector bank chiefsSeveral private sector bank CEOs, including those from Yes Bank, RBL Bank, Bandhan Bank, and Tamilnad Mercantile Bank, have recently resign...
RBI cancels licence of Rajasthan-based Sumerpur Mercantile Urban Coop BankThe RBI has cancelled the licence of Sumerpur Mercantile Urban Cooperative Bank in Pali, Rajasthan, due to inadequate capital and earning p...
Krishnan Sankarasubramaniam takes over as Tamilnad Mercantile Bank MD & CEOPrior to taking up the new role, Sankarasubramaniam was serving Punjab and Sind Bank as its Managing Director and CEO, a bank statement sai...
Depositors of Lucknow cooperative bank to get money from DICGC on April 27Depositors of Beed-based Dwarakadas Mantri Nagari Sahakari Bank will get payments on June 6. DICGC, a wholly-owned subsidiary of the RBI, p...
First Leasing’s Farouk Irani admits Rs 1,000-crore gap in balance sheetAssets worth only Rs 200 crore has been created by First Leasing Company of India, where Irani has been the managing director since 1973, o...
Crisil to sell 49 per cent stake in IISL for Rs 100 croreIISL, a joint venture between NSE and CRISIL, was setup in 1998 to provide a variety of indices and index related services and products for...
- Oil advances in last hour of trading
Crude oil rose to the highest level in more than three weeks in New York last week.
- RBI cancels licence of Bhadran Cooperative Bank
The Reserve Bank has cancelled the licence of Gujarat-based Shri Bhadran Mercantile Cooperative Bank, following deterioration in its financ...
- RBI cancels Nagari Audyogik Sahakari Bank Niyamit's licence
RBI today cancelled the licence of Solapur-based Nagari Audyogik Sahakari Bank Niyamit due to financial insolvency.
- RBI cracks the whip on fund diversion by companies
The Reserve Bank of India has said some corporate clients of banks have diverted loans meant for business purposes, and has provided a six-...
- CBI files cases against 6 gold jewellery exporters
CBI registered cases against six Mumbai-based gold jewellery exporters for cheating state-owned Mineral Scrap Trading Corporation to the tu...
- Co-operative bank failures tally hits 32 in 2009
As many as 32 co-operative banks in the country folded up last year forcing the depositors to invoke insurance guarantee to recover part of...
- Oil hovers near $68 as 3-week rally stalls
Oil prices hovered near $68 a barrel Tuesday in Asia as a three-week rally stalled amid mixed economic and corporate news.
- Oil rises to $38 as investors mull bailout, OPEC
Oil prices crept above $38 a barrel on Wednesday in Asia as a new US bank rescue plan failed to convince investors in crude and equities th...
- Oil price slides under 55 dollars
Oil prices sank under 55 dollars a barrel on Tuesday to strike a 21-month low as frresh recession worries sparked fresh fears about slowing...
- Regaining the glory of cooperative banks
In the formative years of the Maharashtra State Cooperative Bank, its directors used to carry their lunch and tea for the fear of burdening...
- Reliance Money ties up with Chicago trading co
Reliance Money, promoted by Reliance Capital of the R-ADAG group, has tied up in an exclusive partnership with the Chicago-based Alaron Tra...
- Reliance Money gets into global futures mkt
Reliance Money, promoted by Reliance Capital of the R-ADAG group, has tied up in an exclusive partnership with the Chicago-based Alaron Tra...