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SUB PRIME CRISIS
- Spain's housing bubble a threat to its banking sector
The root cause of concern in Spain is not government sovereignty, but banking solvency says a KT-ZMICO report.
- Electrical equipment firms run plants at half capacity
Electrical component companies began expanding facilities in 2007 in anticipation of rise in demand both in domestic and global markets.
- Economic Survey: Opaque MFI contracts can lead to sort of sub-prime crisis
Stressing on transparency more than capping of interest rates, the pre-budget Economic Survey on Friday asked the government to take steps ...
- Sub-prime crisis: Will it impact Indian realty?
Real estate prices in the US had risen significantly in the last 15 years, backed by some very lenient lending practices. Concept buildings...
- Fin sector mgmt by developed countries unsatisfactory: PM
Voicing concern over instability of global financial system, Prime Minister Manmohan Singh on Tuesday said the management of financial sect...
- India's economy strong enough to weather global crisis: PM
PM Manmohan Singh said that the US should take steps to contain the impact of sub-prime crisis that has threatened financial stability. Fac...
- UBS to shut US unit as sub-prime crisis bites
UBS, Europe’s biggest bank, will shut its US fixed-income principal finance unit as part of plans to reduce risk-taking after writing down ...
- Sub prime crisis could moderate exports demand from India: FM
Noting that India largely remains unaffected by the global turbulence in financial markets due to US sub-prime crisis, Finance Minister P C...
- Sub prime crisis is not yet over: StanChart
Many banks and financial institutions in the US and Europe went bankrupt due to the crisis in the US where home loan borrowers could not pa...
- Deutsche Bank escapes the worst from US sub-prime crisis
Deutsche Bank, the biggest private German bank, posted Wednesday a stronger third quarter net profit as one-off items and retail and asset ...
- RBI vigilant on US sub-prime crisis
The Reserve Bank will wait and watch as the US turmoil as it could weigh heavily on future stability of financial markets and could have a ...
- Satyam unlikely to change guidance over sub-prime crisis
Satyam Computer Services, the country's fourth-largest IT company, today said the subprime crisis and a slowdown in the US economy is unlik...
- Satyam unlikely to change guidance over sub-prime crisis
Satyam Computer Services, the country's fourth-largest IT company, on Friday said the subprime crisis and a slowdown in the US economy is u...
- US sub-prime crisis: PHDCCI stresses need for caution
Industry body PHD Chamber (PHDCCI) has called for the combined efforts by the government and industry to address any adverse situation that...
- US sub-prime crisis unlikely to affect Indian banks: Parekh
The Indian banking system is unlikely to be affected by the sub-prime lending crisis in the US, but banks may face problems on account of r...
- ICICI Bank unaffected by US sub-prime mortgage crisis
India's largest private sector bank ICICI today said that US sub-prime mortgage crisis will have no impact on its balance sheet.
- Limited impact of sub-prime crisis on Asian banks
The US sub-prime crisis has 'limited' impact for Asian banks due to their lower exposure in the US market, says Moody's.