Following the footsteps of leading lenders like the State bank of India and PNB, another Public sector lender Oriental Bank of Commerce (OBC) has increased its prime lending rate (PLR) by 50 basis
New York - Troubled investment bank Merrill Lynch, the country's third largest securities firm, late Thursday reported higher-than-expected second quarter losses, with writedowns of 9.7 billion do
Washington - A worldwide banking coalition on Thursday proposed reforms in how the international industry does business, in response to the global credit crisis that arose from the 2007 meltdown i