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Greece resorts to emergency account to repay IMF debt

Last Updated: Tuesday, May 12, 2015, 16:48

Greece was forced to tap into an emergency account in order to meet a debt repayment of 750 million euros ($845 million) due Tuesday to the International Monetary Fund, a central bank source told AFP.

Greece to plead leeway as IMF cash crunch looms

Last Updated: Monday, May 11, 2015, 09:49

The eurozone`s 19 ministers meet in Brussels one day before Greece must pay a 750 million euro debt bill to the IMF that some fear the Mediterranean nation cannot afford.

ANZ Bank interim net profit up 3%

Last Updated: Tuesday, May 5, 2015, 08:28

ANZ`s cash profit, which strips out one-off and other items and is a measure often preferred by financial institutions, jumped five percent to Aus$3.7 billion in the six months to March 31.

BoB ties up with UAE Exchange for instant money transfer

Last Updated: Saturday, April 25, 2015, 13:34

Bank of Baroda, a leading Indian public sector bank, has tied up with UAE Exchange to offer an instant cash transfer facility to NRI customers.

Greek Parliament okays controversial cash reserve transfer

Last Updated: Saturday, April 25, 2015, 07:26

Greece's Parliament has adopted a controversial decree ordering all public institutions to hand over their cash reserves to the central bank to help Athens meet its financial obligations.

Greek Parliament okays controversial cash reserve transfer

Last Updated: Saturday, April 25, 2015, 07:26

Greece's Parliament has adopted a controversial decree ordering all public institutions to hand over their cash reserves to the central bank to help Athens meet its financial obligations.

NSE clocks big jump in cash market volumes in Southern region

Last Updated: Thursday, April 23, 2015, 19:32

The National Stock Exchange (NSE) Thursday said its daily retail volumes surged 77 percent to Rs 8,795 crore last fiscal, with a strong show from the southern region.

NSE sees record high at Rs 41,165 cr in cash market segment

Last Updated: Tuesday, April 21, 2015, 23:18

Leading bourse NSE Tuesday saw record volumes in equity trading at nearly Rs 41,165 crore helped by a huge bulk deal worth over Rs 20,000 crore in Sun Pharma.

China makes big cut in bank reserve requirement to fight slowdown

Last Updated: Monday, April 20, 2015, 09:43

The latest cut, the deepest single reduction since the depth of the global crisis in 2008, shows how the central bank is stepping up efforts to ward off a sharp slowdown in the economy.

Interoperable cash deposit machines may soon be reality: RBI

Last Updated: Thursday, April 16, 2015, 17:18

The Reserve Bank is looking at connecting all cash deposit machines to the National Financial Switch (NFS) which will make them interoperable and allow customers to deposit cash into their accounts from any bank's machine.

'Indian eCommerce not a bubble, to grow to $50 billion by 2020'

Last Updated: Wednesday, April 15, 2015, 18:52

Terming investor concerns on Indian eCommerce sector as "misplaced", brokerage firm UBS on Wednesday said that the 'etail' market in the country is well placed for growth and could be worth USD 50 billion by 2020.

Sebi mulls allowing depositories to distribute cash benefits

Last Updated: Tuesday, April 14, 2015, 14:52

To make it easier for investors to get dividend and redemption payments on a fast-track basis, regulator Sebi is mulling allowing depositories to distribute all securities markets related cash benefits.