Sentences with phrase «while federal bank»

Formed in 2008, IDBI Bank Ltd is the largest shareholder having 48 % stake while Federal Bank and Ageas each have 26 % equity shareholding in the company.

Not exact matches

And even the Federal Reserve's modest rate hikes have had an outsized impact on the bottom line of Bank of America, which pockets the extra interest it collects on loans while paying out much less on consumers» deposits (making money on the so - called spread).

Federal law all but requires legal marijuana to operate strictly in cash, while in Canada banks are helping that nation's cannabis industry boom.

The divergence in policy between the U.S. Federal Reserve and the Bank of Canada is happening: the Fed likely will raise interest rates at least a few times in 2017, while the Canadian central bank likely will do nothing at Bank of Canada is happening: the Fed likely will raise interest rates at least a few times in 2017, while the Canadian central bank likely will do nothing at bank likely will do nothing at all.

Federal Reserve Bank of Dallas President Robert Kaplan may have helped fuel the sharp move before Yellen's speech by saying the central bank can afford to be patient on raising interest rates even while noting it should shrink the balance sheet sBank of Dallas President Robert Kaplan may have helped fuel the sharp move before Yellen's speech by saying the central bank can afford to be patient on raising interest rates even while noting it should shrink the balance sheet sbank can afford to be patient on raising interest rates even while noting it should shrink the balance sheet soon.

On Wednesday, the Federal Reserve will release the minutes from its mid-March meeting, where the U.S. central bank opted to leave interest rates unchanged while hinting that future hikes could come later this year.

This week, Federal Reserve officials signaled further interest rate increases in 2018 based on evidence of steady U.S. growth, while the heads of the ECB and the Bank of England seemed in no rush to push rates higher in the wake of disappointing economic data out of Britain and Europe.

Some banks weren't able to lend for a while because of TARP,» Geshwiler says, referring to the Troubled Asset Relief Program, the federal government's program for bailing out banks hit hard in the financial crisis.

While 30 percent of cannabis companies have a bank account, no cannabis company can accept debit or credit cards because companies like Visa and Mastercard will not give the industry merchant accounts until federal law changes.

The greenback may lag further against its peers in 2018 as investors expected other major central banks to reduce their stimulus while the Federal Reserve has signaled it would raise interest rates further, analysts said.

That in turn would heap further stigma on the institutions that couldn't reject federal help while simultaneously (and perversely) forcing this lending on the banks least able to absorb the risk.

The latest leg of the bull market in stocks could have a familiar impetus — a Federal Reserve unlikely to rock the boat, particularly while many of its members are still learning the vagaries of central banking.

A recent survey by the Federal Reserve Bank of Atlanta showed that 59 % of firms said they would not increase their planned hiring, while 39 % said they would increase hiring somewhat or substantially.

Fed watchers will have ample opportunity to read more tea leaves in the coming week with four Fed officials speaking publicly: Federal Reserve Vice Chair Stanley Fischer will talk in Tel Aviv on Tuesday while Richmond Federal Reserve Bank President Jeffrey Lacker will be in Baton Rouge.

While most of his proposals — «to abandon the gold standard, let international exchange rates float, use federal surpluses and deficits as macroeconomic policy tools that could counter cyclical trends, and establish bureaus of economic statistics (including a consumer price index) in order to facilitate this effort» — are now conventional practice, his critique of fractional - reserve banking still «remains outside the bounds of conventional wisdom» although a recent paper by the IMF reinvigorated his proposals.

However, the Canadian dollar is expected to see minimal benefit from higher oil prices: a U.S. Federal Reserve interest rate hike is likely in the first half of 2017, which would bolster the U.S. dollar, while the Bank of Canada is expected to hold steady on rates.

While OCC remains the prudential regulator for all national banks and federal savings associations, July 21, 2011, marked the anniversary of the Dodd - Frank Consumer Protection and Wall Street Reform Act.

Australia's dollar is poised to drop another 5 per cent this year as the central bank stays on hold while the Federal Reserve keeps raising interest rates, Goldman Sachs Asset Management says.

Entering 2017, few strategists» calls were as unanimous as the view that the U.S. dollar, already at a 14 - year high, would strengthen because the Federal Reserve was hiking interest rates while other central banks remained accommodative.

«I support efforts to improve the efficacy of the Volcker rule while preserving its underlying goal of prohibiting banking firms from engaging in speculative activities for which federal deposit insurance and other safeguards were never intended.

While the Consumer Financial Protection Bureau and other federal initiatives have tried to rein in overdraft fees charged to bank customers, the fees remain big business, especially for big banks.

While there are plenty of reasons to conclude rate hikes are in store for Canada, it's tougher to see the country's central banks getting far ahead of the Federal Reserve.

While the Federal Reserve decided in December to increase short - term interest rates, that hasn't yet translated into significant increases in deposit rates paid out by banks on safe, federally insured deposits — the kind of accounts consumers might want to use for an emergency fund or for parking cash they expect to use in the next month or two.

A two - day Federal Reserve policy meeting ended Wednesday with no change in rates, as expected, while the U.S. central bank said inflation had «moved close» to its target, leaving it on track to raise borrowing costs in June.

In particular, the Bank of Japan and the ECB provided further stimulus, while the Federal Reserve ended its QE3 asset purchase programme.

While the Federal Reserve was originally created to help the American public and regulate our banking system, lately it has been doing anything but assisting.

While the Federal Reserve has no control over it, the prime interest rate is usually pegged to the federal funds rate (or the rate at which banks and credit unions lend funds to other financial institutions through overnight transacFederal Reserve has no control over it, the prime interest rate is usually pegged to the federal funds rate (or the rate at which banks and credit unions lend funds to other financial institutions through overnight transacfederal funds rate (or the rate at which banks and credit unions lend funds to other financial institutions through overnight transactions).

While the United States has been embroiled in pre-presidential election drama and speculation about what might trigger the Federal Reserve to raise interest rates, the United Kingdom voted to leave the European Union and multiple central banks worldwide turned to a negative interest - rate policy in an attempt to stimulate growth.

At higher interest rates, banks would have more options to generate returns while taking less risk (Federal Reserve's ultra-low rates have pushed financial market participants into riskier behaviors such as taking higher interest rate risk, credit risk, etc):

While this sounds like monetary madness, it should be remembered that Ben Bernanke, former Chair of the US Federal Reserve, urged such action on the Japanese government a decade ago to deal with that country's deflationary crisis, and referenced Milton Friedman's argument that a central bank financed stimulus via a «helicopter drop» of money could have saved the United States from the Great Depression.

Also in 2015, divergence in monetary policies unsettled developed currency markets: the European Central Bank and the Bank of Japan continued quantitative easing programs while the Federal Reserve rhetorically led markets on a long, slow walk to the first increase in the fed funds rate since the global financial crisis.

While the Federal Reserve is widely expected to raise interest rates next week by 25 - basis points, Hansen said that the key for the gold market will be the central bank's forward guidance.

Market attention was focused on forecasting the Federal Reserve's (Fed's) path for raising interest rates while expecting other central banks to continue to be accommodative, specifically the European Central Bank (ECB) and the Bank of Japan.

The president of the Federal Reserve Bank of New York serves continuously, while the presidents of the other regional Federal Reserve Banks rotate their service in one - year terms.

An increase in the share of Federal Reserve deposit balances belonging to ordinary U.S. banks, rather than to the Treasury, foreign central banks, or GSEs, will, for example, lead to an increase in the total money stock, other things unchanged, while a decline in that share will reduce it.

And therefore, those are the sorts of concerns, clearly as bond investors we have to have in the back of our mind because while we're still very much supported by central banks continuing to buy government bonds, the Fed [US Federal Reserve] has announced that it is beginning now to not only end the taper, that ended some time ago, they are potentially selling bonds back into the market.

We see the Federal Reserve's (Fed's) interest rate hikes being put on hold for now amid lackluster growth and economic uncertainty, while the European Central Bank (ECB) looks to be running into diminishing returns from negative rates.

And while the biggest banks are certainly government sponsored entities protected from true competition by federal regulation, small banks like Ozarks and Signature represent the private sector.

Meanwhile, the US has seen all its investment banks go bust, sold off or hastily turned into traditional holding banks so they can be bailed out by Federal Reserve, while ginormous players in the mortgage space like Washington Mutual, Wachovia, and Fannie Mae and Freddie Mac have effectively bitten the dust as independent companies.

Fayose said he had written a letter to the Federal Ministry of Finance, while the state Commissioner for Finance, Toyin Ojo, had also gone there and to the Central Bank of Nigeria, but there was no response.

The Federal Government on Wednesday further clarified on why it restricted banks and other financial institutions from sacking its workers while attributing it to its conviction that the dwindling economy would soon pick.

«Issuance of Eurobond in the ICM and / or loans syndication by the banks in the sum of $ 3bn for refinancing of maturing domestic debts obligations of the Federal Government of Nigeria, while looking forward to the timely approval of the National Assembly to enable Nigerians to take advantage of these opportunities for funding.»

The Federal Government also accused Saraki of failing to declare the sum of N375m loan which he allegedly obtained from GTB while still being governor and transferred the sum's pounds sterling equivalent of # 1,516,194.53 to his account with Fortis Bank, London, for the purchase of an «undisclosed property» in London.

New York City and surrounding areas are seeing strong job growth while the Upstate region is experiencing only modest gains as it continues to struggle from manufacturing losses, the Federal Reserve Bank of New York said.

A new report from the Federal Reserve Bank of New York has found that while the upstate economy fared pretty well during the last business cycle, the economy in Western New York is not as robust.

He pointed out that it made no economic sense for the Federal Government to be calculating the country's revenue on the basis of the Central Bank of Nigeria (CBN) official rate of N199 to a dollar while States and Local Councils that are sharing the revenue with the Federal Government run their businesses at the open market rate of over N400 to one dollar.

While addressing journalists, within the premises of Ado Ekiti branch of the Zenith bank, Fayose alleged the federal government through the EFCC of blocking his account which he described as an illegal act.

«The last bailout of N8.8 bn he collected, Fayose fixed N5.3 bn of this money in Skye Bank so that he can benefit from the interest that will accrue on the deposit while the remaining N3.2 bn is in the JAC Account, even as he has refused to pay the beneficiaries of the bailout as approved by the Federal Government.»

But Richard Deitz, regional economist for the Federal Reserve Bank of New York, noted that while the Buffalo Niagara region's manufacturing employment fell for years, the 2013 average was virtually unchanged from the year before.

While the keynote speaker for the event was William Dudley, president and CEO of the Federal Reserve Bank of New York, the headliner was really the effusive 42 - year - old emcee: Bronx Borough President Ruben Díaz Jr..