Finance Ministry seeks relaxation in selection norms for SBI chief post

State Bank of India

As per the existing norms a candidate is eligible for the interview of the post of the Chairman if he/she has at least two years of service left before the retirement. As per the guidelines only one of the four Managing Directors, Arundhati Bhattacharya, is eligible for the post of the Chairman of the bank. However, there have to be at least two candidates in the selection process. Therefore, if the residual service period norm is relaxed, others could also appear for the interview, according to officials.

ING Real Estate Finance Announces Sale of USD 1.6 Billion of U.S. Commercial Real Estate Loans to Wells Fargo Bank, N.A.

Commercial Real Estate Loans to Wells Fargo Bank, N.A. Divestment is Continuation of ING’s Strategy to Manage Down U.S. Property-Lending Business as Company Sharpens Focus of Real Estate Finance Platform NEW YORK, Aug. 16, 2013 /PRNewswire via COMTEX/ — ING Real Estate Finance (USA) LLC announced today that it has reached an agreement to sell 29 of its real estate loans in the U.S. with a total outstanding balance of USD 1.6 billion (EUR 1.19 billion at current exchange rates) to Wells Fargo Bank, N.A.

Timeline – India’s efforts to curb gold imports

In fact, TMX Finance has doubled in size over the past 5 years and plans to maintain that rate of growth for the next several years. TMX Finance is hiring the Austintown area, said Lindsey Reed, Vice President of Talent Acquisition for TMX Finance. We are interested in meeting with outgoing individuals to help expand our team. Position Descriptions and Qualifications: General Manager: A general manager is responsible for overseeing and managing the stores day to day operations and performance. This individual should encourage store growth and increase profitability through the management of customer relations, operating costs, sales and collections.

Consumer Finance Company Coming Soon to Austintown, OH

May 3 – The RBI restricts the import of gold on a consignment basis by banks. June 3 – Finance minister says India cannot afford high levels of gold imports and may review its import policy. June 5 – India hikes gold import duty by a third to 8 percent. June 21 – Reliance Capital (RLCP.NS) halts gold sales and investments in its gold-backed funds.

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