Dublin - Banks participating in the Irish government's deposit guarantee plan will contribute a total of 1 billion euros (1.34 billion dollars) to make the scheme work, according to national broadcaster RTE.
The state, which announced specifics of the plan on Wednesday, will raise the money over two years, RTE reported.
Any bank that made use of the guarantee would also be expected to eventually repay the government.
Finance Minister Brian Lenihan said the move will take the Irish government deep into the banking system, RTE reported.
The original plan called for 440 billion euros in deposit guarantees at the six Irish-owned banks.
The reserve bank is likely to take more steps to increase liquidity in the market. The bank expressed satisfaction on the Indian market conditions. The reserve bank governor, D Subbarao apprised the government about the Indian financial conditions. He met Prime Minster Manmohan Singh and finance minister P Chidambaram on Tuesday to discuss financial matters. Planning Commission deputy chairperson, Montek Singh Ahluwalia and finance secretary, Arun Ramanathan were also present during the meeting at PM residence.
ICICI Bank, Country's third largest lender and British Airways have jointly launched a co-branded credit card called 'ICICI Bank British Airways American Express Credit Card' in the market. 
Allahabad Bank has signed a MOU with one of the country’s leading Life Insurance Companies Kotak Mahindra Old Mutual Life Insurance Ltd., for providing value-added service and financial security to the educational loan borrowers of the Bank.
New Delhi, Oct 15 : The Reserve Bank of India has further cut by one percent, the amount of mandatory cash that banks need to park with it - a move that would unlock Rs 40,000 crore into the financial system and pave the way for lower lending rates.
New York - Wells Fargo & Co., the bank in the limelight in the acquisition of Wachovia Corp., reported Wednesday that it achieved 1.64 billion dollars in net income in the third-quarter.
