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BankAm
to lay stress on providing suite of services
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We believe in being a full-services
player, and go were our clients’ needs take us," says Bank
of America’s (BankAm) president-Asia, Colm McCarthy. |
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Irda
chief favours more equity exposure for pension funds
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The Insurance Regulatory and
Development Authority (Irda) chairman N Rangachary has favoured
a greater equity exposure for the pension fund players on the
investment of part of pension fund corpus. |
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ICRA
upgrades Tata Metalliks debenture issue
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CREDIT rating agency, ICRA
has upgraded the Rs 19.74 crore debenture issue of Tata Metalliks
Ltd (TML) to ‘LBBB+’ from ‘LBBB’ indicating moderate safety
after considering the improved market position of TML and its
lower financial risk profile on account of debt repayment and
efficient working capital management. |
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PNB
plans branches in US, Canada, UK
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Punjab National Bank (PNB)
is planning to set up full-fledged overseas branches in the
US, Canada and Britain. The Delhi-based bank has already approached
the Reserve Bank of India (RBI) for necessary clearances and
is expecting the approvals latest by September. |
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