NEW DELHI: World Bank will lend India $14 billion over the next three years to help speed up infrastructure development and better living standards in seven poorest states. Announcing its 2009-2012 "country strategy" for India, the bank said it will focus on poverty reduction and achieving MDGs in Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Orissa, Rajasthan […]
Reserve Bank of India Announces Further Measures to Improve the Economy
The Reserve Bank of India (RBI) today (6th Dec’08) announced reduction in two benchmark interest rates- the repo and reverse repo- by 1% each to stimulate growth. The RBI governor D.Subbarao said, “We have talked to the Bankers and expect that the banks would respond to the measures by reducing lending and deposit rates.” This […]
life standard of chitral people would be enhance by small business
Livelihood Program launched at Chitral. CHITRAL: Livelihood program (LP) will bring green revolution in the area said Mr. Pierre Yves Suter Country representative of Inter Cooperation of Swiss Foundation for Development and International Cooperation. LP will boost economical condition of two valleys of Chitral Berir (kalash community) and Sheshi valley. LP working in different sector […]
Changing life standard of people by livelihood program luanched at Chitral
Livelihood Program launched at Chitral. CHITRAL: Livelihood program (LP) will bring green revolution in the area said Mr. Pierre Yves Suter Country representative of Inter Cooperation of Swiss Foundation for Development and International Cooperation. LP will boost economical condition of two valleys of Chitral Berir (kalash community) and Sheshi valley. LP working in different sector […]
Middleware in Banks
Middleware in Banks This article looks at the manner in which use of middleware in banks has evolved over the last few years. It also examines the critical role played by middleware in enabling a bank to remain competitive and provide personalised and user friendly services to their customers. Definition of Middleware So what […]
Iceland Nationalizes Third Major Bank, Halts Stock Trading
In a move to prevent its teetering economy from falling into bankruptcy, Iceland ceased all trading on its stock exchange until Monday, and took over Kaupthing, the country’s largest bank. Awash in Red On Thursday, Kaupthing, Iceland’s largest bank, became the third of the country’s top three banks to be taken over by Iceland’s Financial […]
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