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MONEY & BANKING (The Hindu) FINANCIAL PERFORMANCE: HDFC net up 25% in Q1 on higher income Loan disbursements see healthy growth; margins tad higher. Yum! Brands secures $375 million term loan (Louisville Courier-Journal) Yum! Brands said yesterday it entered a three-year, $375 million term loan. According to a filing with the Securities and Exchange Commission, JPMorgan Chase Bank will act as administrative agent for the loan. Title loan backfires on Pontiac man (The Pantagraph) PONTIAC -- Joseph Ledford was desperate when he obtained a $965 loan from Title Cash of Illinois in Normal two years ago. How To Keep Your Money Safe Amid Bailouts (WCBS-TV New York) With bailouts and bank runs, how do we keep our money safe? Conventional wisdom points to our neighborhood bank or savings and loan. But are jittery investors now considering stashing cash under the mattress? On day 2 of the Indy Mac meltdown, police controlled crowds as customers lined up after midnight to try and get their money out of the bank, this after the bank was re-opened Monday under ... Getting a loan, and not getting burned (New York Daily News) A bad purchase can have you fuming for a day, but a bad loan can mean years of financial pain. The key to avoiding lousy terms that will cost you down the road is simple: Shop around. Marshall & Ilsley swings to 2nd-quarter loss on loan loss provision, but tops analyst views (Canadian Business) July 16, 2008 - 09:41 a.m. MILWAUKEE (AP) - Marshall & Ilsley Corp. said Wednesday it swung to a loss in the second quarter as the regional bank recorded a hefty provision for loan losses, but results beat Wall Street expectations. Surrogate's Court Candidate Anderson's $225K Loan (The New York Observer) A Manhattan Surrogate's Court candidate, Milton Tingling, is calling on the attorney general to investigate the $225,000 loan received by one of his opponents, Nora Anderson. The loan was disclosed in Anderson?s campaign finance filing (for the period of January 12-July 11, 2008) and the money came from Seth Rubenstein, an attorney in Brooklyn. Ravi Batra, Tingling's finance chair, ... Capitol legislators junk Guihulngan's P80M bank loan (Sun Star) MEMBERS of the Negros Oriental legislative body junked the move of Guihulngan City Government of securing P80 million loan from the state owned Land Bank of the Philippines. LAIC receives $750,000 loan from USDA (Madison Daily Leader) The Lake Area Improvement Corporation was given a $750,000 boost by the federal government on Wednesday when USDA Rural Development provided a loan in that amount to the Madison-based organization as part of an economic development program. PUV driversto get P500-M loan subsidy (Philstar.com) President Arroyo directed yesterday all state-owned and controlled corporations and financial institutions to draw up a P500-million special, easily accessible loan program for public utility vehicle (PUV) drivers and their families. |
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