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Pak army chief fails to meet Saudi crown prince

It seems Saudi Arabia is in no mood to mend ties with Pakistan whose Army Chief General Qamar Javed Bajwa who flew in to Riyadh to placate an angry Saudi leadership failed to secure a meeting with......

Why benchmark rate for bank loans is still an illusion

None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowings from the regulator or the market, says Tamal Bandyopadhyay.......

If rupee depreciates 10%, these Indian cos will be in serious trouble

Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially,......

Five global banks to pay $5.7 bn in fines over rate rigging

The $5.7 billion total includes $1.6 billion in fines separately imposed by the US Federal Reserve on the five banks. Five of the world's largest banks, including JPMorgan Chase & Co and Citigroup......

Corporate governance: It's not getting any better

The markets have reacted negatively, for example, to recent news that Cairn India, of which the Anil Agarwal group company Vedanta owns 60 per cent, will give a $1.25-billion loan (about Rs 7,500......

Foreign inflows in debt zoom to a record high

Foreign institutional investors bought debt instruments worth a little over $10.5 billion in 2014, beating the previous high of $10.13 billion in 2010. There was a sell-off last year, as FIIs......

Glazer to delist Man Utd by June 22

US tycoon Malcolm Glazer plans to delist Manchester United Plc as early as June 22 as part of his 790 million pound ($1.5 billion) takeover of the British soccer giants, his bankers said on......

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London Interbank Offered Rate

News for London Interbank Offered Rate

Pak army chief fails to meet Saudi crown prince

Why benchmark rate for bank loans is still an illusion

If rupee depreciates 10%, these Indian cos will be in serious trouble

Five global banks to pay $5.7 bn in fines over rate rigging

Corporate governance: It's not getting any better

Foreign inflows in debt zoom to a record high

Glazer to delist Man Utd by June 22

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