Morgan Stanley
India | Wednesday, 3 December 2008

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Loan Articles

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31. Merrill Lynch CEO O'Neal gets the boot after reporting multi-billion dollar losses
Merrill Lynch & Co Inc ousted Chairman and Chief Executive Stan O'Neal on Tuesday, just days after reporting the biggest quarterly loss in the company's history.
30 Oct 2007
32. Punjab National Bank says rates, bad loans trimmed margins
State-run lender Punjab National Bank said on Monday its profit margins were squeezed by higher costs of deposits and rising bad loans in the quarter to end-September.
30 Oct 2007
33. DLF board approves raising $1.5 billion overseas loan
DLF Ltd, India's most valuable real estate firm, said on Thursday its board had approved raising an overseas loan of up to $1.5 billion and investing up to $750 million in its local and overseas business.
12 Oct 2007
34. ADB to lend India $ 1 billion to help rural poor
The Asian Development Bank has agreed to lend India $ 1 billion - the largest ever advance by the bank to a developing country - to address the issue of widespread suicide by farmers in many parts of the country.
11 Dec 2006
35. Govt. to invest Rs. 35,000 crore to upgrade powerlooms sector
The Indian government has announced plans to invest Rs. 35000 crore for technological upgradation of the powerloom sector by installing 90,000 shuttleless looms by 2010.
28 Aug 2006
36. Hike in loan rates not to affect realty market
Analysts have allayed fears that RBI's call for short term rate hike which in turn will pressurize commercial banks to raise their prime lending rates (PLRs), will lead to a slump in the country's present booming real estate sector.
28 Aug 2006
37. Seek approval before rate hike, Govt. tells public sector banks
Concerned over banks' decision to raise interest rates, following RBI's recent announcement to raise short term interest rates by 25 basis points, Finance Minister P. Chidambaram has instructed public sector banks to take prior approval from their Board of Directors before raising their prime lending rates (PLRs).
28 Aug 2006
38. World Bank to lend Orissa $ 225 million for socio-economic development
The government of Orissa has successfully persuaded the World Bank to sanction $ 225 million loan for its socio-economic development.
13 Jul 2006
39. Air-India on expansion drive, to purchase 68 aircrafts from Boeing for $ 7 billion
State-owned air carrier, Air-India, has announced that it will be purchasing 68 aircrafts from US-based aircraft manufacturer, Boeing, for a total cost of $ 7 billion as part of its plans for fleet expansion.
03 Jun 2006
40. BoB, OBC, IDBI, Vijaya banks hike rates on retail loans
Bank of Baroda (BoB) has announced the increase in the rates of its housing and retail loans by 50 basis points.
13 May 2006
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