Surprisingly, debt is consuming an ever-greater amount of the tax revenue needed to keep schools open, provide electricity and pay for food and fuel.
The Chinese central bank signed a cheque of Rs 15 crore in the private bank under the qualified institutional placement. China's central bank, People's Bank of China made an investment in ICICI Bank. The Chinese bank has emerged as one of the investors in ICICI Bank's Rs 15,000 crore capital raising exercise which ended last week.
The Industrial and Commercial Bank of China Ltd Mumbai Branch, on behalf of itself, China Development Bank and Exim Bank of China, had sought summary judgment against Ambani over an alleged breach of a personal guarantee on a debt refinancing loan of around USD 925 million in February 2012.
Beijing: The Agricultural Bank of China (ABC) has issued a new credit card targeting young mothers for their love of shopping and their greater say in the family budget.The cards focus on the needs of
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