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Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Brownlee to auction off Asian Games jersey, shoes for charity

Justin Brownlee aims to raise millions for charity as he plans to auction off the jersey and shoes he wore when he steered Gilas Pilipinas to a dramatic come-from-behind win over host China in the Asian Games.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

Banksy triptych, grand piano: Elton John puts items up for auction

Most of the items come from John's former home in Atlanta, a condo on Peachtree Road that was recently sold, the auction house said Thursday......»»

Category: entertainmentSource:  philstarRelated NewsJan 13th, 2024

ED attaches assets under PMLA in Kamla Landmarc case

Mumbai (Maharashtra) [India], February 29 (ANI): The Directorate of Enforcement (ED), Mumbai, has issued two provisional attachment orders under the provisions of Prevention of Money Laundering Act (PMLA), 2002, attaching assets worth Rs. 48.67 crore of Jitendra Jain, Director in various partnership firms and private companies owned by Kamala Landmarc Group of companies and assets worth Rs. 15.29 Crore of Parvath Shetty,.....»»

Category: lifestyleSource:  abscbnRelated NewsMar 1st, 2024

ED attaches assets under PMLA in Kamla Landmarc case

Mumbai (Maharashtra) [India], February 29 (ANI): The Directorate of Enforcement (ED), Mumbai, has issued two provisional attachment orders under the provisions of Prevention of Money Laundering Act (PMLA), 2002, attaching assets worth Rs. 48.67 crore of Jitendra Jain, Director in various partnership firms and private companies owned by Kamala Landmarc Group of companies and assets worth Rs. 15.29 Crore of Parvath Shetty,.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Painting ni Heart Evangelista, ipapa-auction

Ang bongga talaga ni Heart Evangelista! The post Painting ni Heart Evangelista, ipapa-auction first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 17th, 2024

DOE slates 3rd round of Green Energy Auction

Another round of the Green Energy Auction will be conducted this year as part of the country’s utilization of renewable energy resources and attainment of energy security and reliability, the Department of Energy said......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Bank assets grow 10 percent to P24.8 trillion

Philippine banks’ assets grew by 10.3 percent to P24.81 trillion in January from the P22.49 trillion recorded a year ago, according to data from the Bangko Sentral ng Pilipinas,.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

P115 million worth of properties up for auction

State-run Philippine Deposit Insurance Corp. is set to dispose P115.1 million worth of various properties of padlocked banks......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

ADB approves 655,000 USD to help Philippine rural banks digitization

MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

ADB approves 655,000 USD to help Philippine rural banks digitization

MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Recto revives plan to sell NAIA assets

Finance Secretary Ralph Recto has revived plans to sell the assets of the Ninoy Aquino International Airport and turn it into a new business district to generate additional revenues for state coffers......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Pagadian airport to be closed for rehab

Pagadian airport in Zamboanga del Sur will be closed for one month to pave the way for repair of the runway......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Parañaque business permit office closed for holidays

Parañaque’s business permit and licensing office will be closed on Feb. 9 and 10 for the Lunar New Year and on Feb. 13 for the city’s 26th cityhood anniversary, Mayor Eric Olivarez announced yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

AMLC freezes assets of 8 terrorist groups

The Anti-Money Laundering Council has issued orders to freeze the assets of eight groups and a person designated as terrorists by the Anti-Terrorism Council......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

West divided over seizing Russian assets - Bloomberg

France and Germany have warned that outright confiscation would reflect badly on the West's financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday.  &n.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Resilient facilities, adequate rescue assets, among priorities in DRRM, says OCD chief

Resilient facilities, adequate rescue assets, among priorities in DRRM, says OCD chief.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Converge, Dito agree to share cable assets

Connectivity firms Converge ICT Solutions Inc. and Dito Telecommunity Corp. have decided to work together and have signed an agreement to share their cable assets to expand their coverage and improve services......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

PDIC extends loan incentive program for closed bank borrowers

PDIC extends loan incentive program for closed bank borrowers.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024