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LONDON, MAR 6 India is all set to become the 69th member of the European Bank for Reconstruction and Development (EBRD) after shareholders of the international financial institution gave their nod to the country’s candidature. The EBRD today announced that its shareholders have agreed to India becoming its member. The move...
India's US$40b education market is experiencing a surge in investment. Capital, both local and international, and innovative legal structures are changing the face of this once-staid sectorThe liberalization of India's industrial policy in 1991 was the catalyst for a wave of investment in IT and infrastructure projects. Rapid economic...
As businesses continue to source overseas suppliers and open up new markets for their products, the impact on cash flow cannot be underestimated. Companies are now looking beyond traditional bank financing such as an overdraft to more creative methods that allow funding to be provided off the back...
Recently in the news, there was a reporter asking random people on the street how much they spend on their a bank account. The reporter is reporting that supposedly Italians are paying around € 252 a year while the world median is € 108. They...
A lot of Americans contemplate on retiring overseas for various reasons - better climate, new adventures, or a lower cost of living. The Philippines is slowly rising as a retirement country of choice because of its tropical climate, beautiful beaches, and of course, the low cost...
It's no surprise that more and more people are doing money processing at home, using an online banking system. What's interesting is that that a significant number of people are starting to do their money processing using their mobile phone, and these numbers are increasing every...
A New Zealand Offshore Financial CompanyAs the flow of wealth from many nations of tax advantaged, "offshore," jurisdictions continues the need for and profitability of offshore banking services increases virtually day by day. The problem in this picture is that as the demand for offshore banking services has increased...
The United States is undeniably the richest and most powerful nation ever on the face of the earth. The gross domestic product (GDP) of the U.S. is larger than the next two biggest economies combined, which in China and Japan. The U.S. economy outproduces the combined economies of over...
Until the emergence of debt collection business, debt collection in India, was never treated as a specialized job and was always treated as one of the jobs that legal departments of the banks and financial institutions were required to undertake. A typical legal department of an organization would approach...
Financial Sector Concerns Affect Risk Sentiment The recent rise in risk appetite has been dampened by concerns about the banking sector and credit markets. Last week investors snapped up forex opportunities offered by high yield currencies like the Australian and New Zealand dollars. ...
ABSA Bank is one of the leading financial services organizations in South Africa. The bank is responsible for serving personal, corporate and commercial customers in the country. The bank interacts with its customers through physical as well as electronic channel. The Barclays PLC is the major shareholder of this...
In India, job security is one of the main factors for job seekers before joining any organizations. The Indian IT and Software industry depends mainly on US, UK and Europe for work, so the jobs depend on the projects and economy of these nations.Even though the salary package in...