Tag: siam commercial bank

How banks have profited from a crackdown on black money in India

The banks that dominate the Indian banking sector are getting ready to take advantage of the government’s crackdown on illicit black money.

The Indian banking industry is one of the biggest beneficiaries of the clampdown.

The Reserve Bank of India said it will begin imposing capital restrictions on large and medium-sized banks by the end of this month.

It said it plans to target “non-performing assets” of up to Rs.10 trillion ($2.5 trillion).

These include assets that have been used to launder money or to evade tax.

The move comes as the government seeks to crack down on the countrys biggest black money earners, which are largely linked to drug cartels and organised crime syndicates.

The government has also been trying to close the black market of foreign currency and to clamp down on financial flows to India.

But the banks are benefiting from the crackdown, which has been spearheaded by the Finance Minister Arun Jaitley.

Mr Jaitsey has been pushing to reduce the black money that is flowing into the country.

He has been working to ensure that the black wealth flows to the country and to help those who need it.

The RBI’s latest figures show that the total black wealth inflows into the economy have fallen from Rs.8,726 crore in June to Rs 2,913 crore in August.

These have been partially offset by a drop in the black value of foreign exchange.

In September, India’s black money rate fell to 1.15 per cent, the lowest rate in a decade, from 2.15 in May.

The figures, which come just weeks after a key IMF meeting in which the IMF chief Christine Lagarde urged India to “move towards a more stable and sustainable financial system”, have prompted concerns that India is sliding towards financial chaos.

How to buy the cheapest commercial bank in Thailand

The cheapest commercial banking bank in the country is known as Nanyang Commercial Bank.

But the bank has struggled to attract investors as it struggled to get its banking licence renewed.

The bank is based in Thailand and it has two branches in the capital Bangkok.

It has no branch in the rest of the country.

There are currently seven branches in Thailand.

The banks headquarters are in the city of Bangkok.

In an interview with the Associated Press, Nanyangs managing director said the bank was in a tough situation.

He said the lender is struggling to keep its head above water, as the government is trying to get the banks licence renewed by the end of this month.

“We have been struggling to get a bank licence for the last five years.

The government wants to get it approved by the first half of this year,” he said.

Nanyang is one of the last lenders of its kind in Thailand, where there are no other commercial banks, which makes it a bit like a bank for small businesses.

I don’t think the government has any plans to bring back commercial banking, he said, adding that the bank is focused on small business.

It’s a different business model.

It’s a way to get some cash into the economy,” he added.

Government is trying for approval to revive commercial banking industry in ThailandThe government hopes to get commercial banks licence to revive the industry.

It is expected to pass the law in the next few months.

As the bank faces trouble in its commercial banking operations, it will have to lay off thousands of people.

Indonesia’s Siam Commercial Bank is buying up $50bn of commercial banks in a deal worth $70bn

The Indonesian Commercial Bank (JICB) has purchased $50 billion worth of commercial bank assets.

The Indonesian Securities and Exchange Commission (ISA) announced the acquisition on Friday.

The acquisition will allow the JICB to acquire commercial banks at a rate of $70 billion per annum, the ISA said.

It said the Jicb would also be able to use the funds to invest in capital infrastructure projects and invest in the country’s infrastructure.

The bank, which is based in Surabaya, is a subsidiary of the Indonesia State Investment Fund (Indus) that has a stake in more than 150 commercial banks and has an annual turnover of $15 billion.

It has been in private hands since 2012 and is run by the Jolicar Bank Group, which was formed in 2009 by two Indonesian businessmen.