Archive for October, 2009

Home, car loans to drive ICICI growth: Kochhar (The Hindu)

Written by Admin on Saturday, October 31st, 2009 in Uncategorized.

NEW DELHI: ICICI Bank on Saturday said home, car and corporate loans would drive credit growth in the second half of 2009-10.

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Greeley call center to close, cutting 127 jobs (9 News Denver)

Written by Admin on Saturday, October 31st, 2009 in Uncategorized.

GREELEY (AP) - Financial services provider GMAC says it will close a call center in Greeley by the end of March, eliminating 127 jobs.

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Home, car loans to drive ICICI’s growth: Kochhar (Press Trust of India)

Written by Admin on Saturday, October 31st, 2009 in Uncategorized.

New Delhi, Oct 31 (PTI) Country’s largest private sector lender ICICI Bank today said home, car and corporate loans would drive credit growth in the second half of 2009-10.

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ICICI Bank slow on loans, but treasury income helps (Express India)

Written by Admin on Saturday, October 31st, 2009 in Uncategorized.

ICICI Bank beat analysts’ expectations to report a 2.5% rise in its Q2 net profit on Friday, while its chief executive officer Chanda Kochhar painted an optimistic picture of the bank’s future.

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Mortgage modifications are becoming more common (St. Louis Post-Dispatch)

Written by Admin on Saturday, October 31st, 2009 in Uncategorized.

Banks and mortgage companies have foreclosed on 5,000 residential properties in the St. Louis region so far this year. But a growing number of homeowners are managing to save their houses by convincing lenders to cut their monthly payments. Borrowers just shouldn’t expect an easy time.

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ICICI Bank Second-Quarter Profit Unexpectedly Rises (Update2) (Bloomberg)

Written by Admin on Saturday, October 31st, 2009 in Uncategorized.

Oct. 30 (Bloomberg) — ICICI Bank Ltd. , India’s second- largest lender, reported an unexpected gain in second-quarter profit as income from trading bonds and currencies climbed.

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Lifestyle tips for financial success (AsiaOne)

Written by Admin on Saturday, October 31st, 2009 in Uncategorized.

MANY years ago, I read the book, Of Human Bondage by W Somerset Maugham. In this book, he portrayed the life of Philip Carey and his struggles with constraints such as money resources and career demands.

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Greeley’s Semperian call center set to close (Greeley Tribune)

Written by Admin on Saturday, October 31st, 2009 in Uncategorized.

Greeley’s Semperian call center set to close Staff Reports One of Greeley’s call centers will close by the end of March, putting 127 employees out of work. Semperian, which services GMAC car loans, will eliminate call centers in Auburn Hills, Mich., and in Greeley, plus employees at about a dozen other call centers across the country. In all, the company plans to eliminate 320 jobs. The cuts …

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Stimulus spending increases the deficit: Is it worth the money? (The Oregonian)

Written by Admin on Friday, October 30th, 2009 in Uncategorized.

Some economists and lawmakers worry that the enormous cost of keeping the nation out of a Depression has bloated the deficit so much it could be a stubborn barrier to full recovery.

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Geithner: ‘A sense of risk’ beneficial (Chicago Tribune)

Written by Admin on Friday, October 30th, 2009 in Uncategorized.

Fnancial crisis will boost savings, reduce borrowing, Geithner says Treasury Secretary Timothy Geithner sees a new caution in America and believes that’s a good thing.

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