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HDFC Bank: An Unwarranted Premium



  • HDB
  • Opal Investment Research

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Virtual banks: Perhaps the only way

On Monday 27th April 2020, during a live nationwide address, President Muhammadu Buhari GCFR laid out the easing of lockdown restrictions to curtail the spread of the coronavirus in Lagos, FCT, and Ogun States. The highlights of the new measures include revised operating hours for Banks and Financial institutions as an essential service, each branch
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The post Virtual banks: Perhaps the only way appeared first on Vanguard News.




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Supreme Court verdict on Orji Kalu right, sound – Monday Ubani

Second Vice Chairman of the Nigeria Bar Association (NBA), Monday Onyekachi Ubani has reacted to the Supreme Court’s nullification of the conviction of a former governor of Abia State, Orji Uzor Kalu. Also nullified was the judgement against his firm, Slok Nigeria Limited and Jones Udeogu, a former Director of Finance and Account of Abia […]

Supreme Court verdict on Orji Kalu right, sound – Monday Ubani




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ICICI Bank reports FY results




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Confianza, alabanza y dar fruto

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.

 




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Southside Bancshares, Inc. (SBSI) CEO Lee Gibson on Q1 2020 Results - Earnings Call Transcript




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Durban's St Augustines and Kingsway hospitals to reopen on Monday

Both hospitals had further enhanced their disinfecting and decontaminating programmes of all facilities on their premises. Doctors would be again be consulting from their rooms as from Monday.




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Sanef asks why eNCA silenced Xoli Mngambi and Jane Dutton after cigarette ban remarks

Sanef said it was perturbed by eNCA's decision to take two anchors off the air after they criticised the government's U-turn on lifting the ban on cigarette sales.




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Household Debt Balance Approaches 1,400 Tril. Won...Bank of Korea

The household debt balance has rapidly increased to approach 1,400 trillion won (US$1.24 trillion) as of the end of June this year. It is estimated the balance may have surpassed the 1,400-trillion-won level by mid-August. As the amount of household debt reaches 90 percent of the gross domestic products (1,637 trillion won at the end of last year), economists began warning the high debt level may pose an obstacle to further growth.According to the Bank of Korea on August 23, the balance of house...




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Bank7: How To Steal From A Bank




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Bank Holiday decision sees UK catch up with rest of Europe

Government plans to ensure that workers don't have to take Bank Holidays as part of their annual leave will see the UK start to catch up with its European counterparts in terms of holiday provision. Currently up to two million workers in the UK hav...




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E-brief 310 - 'I don't like Mondays' – a part-time worker's entitlement to bank holidays

In a somewhat timely judgment, bearing in mind the May bank holidays, the Court of Session (the Scottish Court of Appeal) has clarified that it is not necessarily unlawful for an employer to not provide alternative leave days for part-time workers w...




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Taliban Militants Kill Afghan Regional Police Chief In Latest Attack

Taliban militants have killed a provincial police chief and two others in a roadside bomb attack in Khost Province in Afghanistan’s southeast, officials said on May 8.




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Congressmen Raise Questions About Taliban's Commitment To February Agreement

The top members of the U.S. House Foreign Affairs Committee say an increase in violence in Afghanistan has raised questions about the Taliban’s commitment to an agreement it signed with the United States in February.




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Covid 19 coronavirus: Quarantine bars Brisbane-based man's bid to see dying mum in NZ

By RNZ The cost of mandatory quarantine on both sides of the Tasman means a New Zealander living in Brisbane will not be reunited with his dying mother in Auckland.A close friend of the man - both of whom RNZ has agreed not...




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S�n�gal: Patients asymptomatiques - Un site flambant neuf en appoint du dispositif hospitalier

La r�ponse de l'�tat du S�n�gal �...




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Germany: Federal Cartel Office bans food retail giant EDEKA from squeezing suppliers, Edeka goes to Court

The German Federal Cartel Office (“Bundeskartellamt”, BKartA) has issued a decision stating that attempts by Germany’s largest supermarket, EDEKA, to force suppliers to grant it so called “wedding rebates”, in the form ...




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Eversheds Sutherland has advised Investment House Q.P.S.C. (“IH”), one of the leading investment banks and asset managers in Qatar

Eversheds Sutherland has advised Investment House Q.P.S.C. (“IH”), one of the leading investment banks and asset managers in Qatar, in connection with the first private fund in the country to invest in the alternative asset class of commercial shipp...




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UK CMA’s Ping fine appeal may clarify vendor online sales ban law – lawyers

Aysha Fernandes, legal director in Eversheds Sutherland’s Competition, EU & Trade group comments on the ramifications of UK CMA’s Ping fine appeal. This article was written by PaRR, the leading provider of inside track on comp...




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O.W Bunkers (US update) ING Bank v MV TEMARA

As is common practice now, ING Bank (“ING”) filed a number of cases asserting rights to amounts due and payable to O.W Bunker & Trading A/S (“O.W Bunker) for the provision of bunkers of fuel oil to vessels.  These cases in...




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Bank Negara Malaysia - Policy Guidance on ‘Risk Management in Technology’ (‘RMiT’)

The Central Bank of Malaysia or Bank Negara Malaysia (‘BNM’) on 18 July 2019 issued another policy document which sets out its requirements to the nation’s Financial Institutions (‘FIs’) management of technology risk. W...




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ICO in action: Ban on unsolicited marketing calls to members of pension schemes

This speed read follows on from our briefing in November 2018 in which we explained that the government had proposed a change in law to implement a ban specific to pensions related cold calling.  At that time it was estimated that 10.9 million ...




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New regulations permit the Central Bank of Ireland to limit the rights of data subjects under the GDPR

Precis: In this briefing, we look at the new regulations permitting the Central Bank of Ireland to limit the rights of individuals under the GDPR. On 30 October 2019 the Data Protection Act 2018 (section 60(6)) (Central Bank of Ireland) Regulations ...




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The Italian Competition Authority’s enforcement against so called “IBAN discrimination” practices

Introduction The Italian Competition Authority (“ICA”) has recently adopted a harsh approach imposing quite significant fines on those operators who accept direct debit payments only to the extent that their customers are holders of an ...




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Court of Appeal upholds CMA's online sales ban decision in the golf equipment sector

  On 21 January 2020, the Court of Appeal (‘CoA’) upheld the Competition Appeal Tribunal (‘CAT’) judgment, finding that Ping Europe Ltd (‘Ping’) breached competition law by prohibiting its retailers from sell...




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The position of the right of pledge after bankruptcy on goods that are delivered subject to retention of title

On 3 June 2016, the Supreme Court ruled that a valid right of pledge can be established on goods that are delivered subject to retention of title (of ownership). If the buyer is declared bankrupt, the conditional ownership can become an uncondition...




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A commentary on So Sau Lai Connie v DBS Bank (Hong Kong) Ltd

The case of So Sau Lai Connie v DBS Bank (Hong Kong) Ltd [2017] HKEC 29 is a typical letter of credit fraud case. This case illustrates whether certain “red flags” may constitute discrepant presentation or a fraud indication. Background ...




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Banks owe no duty of care to an applicant of an injunction order

The position of banks being served with a Mareva injunction order has been clarified in Hong Kong. In the recent case of Grasberg Capital Asia Limited v Bank of Communications Limited (HCA 2016/784)*, the Court considered the question of whether a b...




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What is market value and how can officeholders demonstrate it has been obtained? A look at Re One Blackfriars Ltd: Hyde v Bannon

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Eversheds Harry Elias Enhances Banking and Financial Services Practice with First Lateral Partner Hire since merger

  The Singapore office of global legal practice Eversheds Sutherland today announced the appointment of Gerard Ng as a partner in the Banking and Financial Services Practice group. With over 20 years of experience, Gerard is a specialist in len...




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Coronavirus - Judicial comment on temporary ban on Statutory Demands and Winding-up Petitions... and opportunism! - UK

In Re Saint Benedict's Land Trust ...




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Bank Of Hawaii Has A Wide Moat But Little Opportunity To Reinvest




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Banco do Brasil SA (BDORY) on Q1 2020 Results - Earnings Call Transcript




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Southside Bancshares, Inc. (SBSI) CEO Lee Gibson on Q1 2020 Results - Earnings Call Transcript




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Lebanon reports 13 new COVID-19 case, tally 809

(MENAFN - Kuwait News Agency (KUNA)) BEIRUT, May 9 (KUNA) -- The number of coronavirus (COVID-19) infections in Lebanon went up to 809 with 13 new cas... ......




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12 new coronavirus cases registered in Lebanon, 796 in total

(MENAFN) On Friday, Lebanese authorities affirmed the existence of 12 new coronavirus cases, increasing the overall number of people tested positive f... ......




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Israel Cracks Down on Banks Over Payments to Palestinian Inmates

An Israeli military order forbids banks in the occupied West Bank from processing payments that the Palestinian Authority distributes to the families of Palestinians who have spent time in Israeli jails. ......




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Allies Despair as Trump Abandons Global Leadership Role

“The United States has scaled back its role on the world stage, taken actions that...




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Demonstrators defy ban to protest against lockdown

Several hundred demonstrators have gathered in the Swiss capital, Bern, St Gallen and Zurich to protest against a government-imposed coronavirus...




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US to recognise Israel’s annexation of 30% of West Bank area

US Ambassador to Israel David Friedman has confirmed that the US is ready to...




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Afghan Government Releases 1,000 Taliban Members - Security Council

KABUL (Sputnik) - The Afghan government...




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World Bank approves $400m funding injection for Afghanistan

The World Bank approved a $400 million grant on Friday to help Afghanistan deal with the coronavirus while maintaining economic and public finance reforms. The grant will support efforts to improve business regulation and encourage private investment, improve taxation capacity and expand social inclusion, among others. It is made up of $160 million from the International Development...




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Allies despair as Trump abandons America's leadership role at a time of global crisis

(CNN)The United States has scaled back its role on the world stage, taken actions that are undermining efforts to battle the coronavirus pandemic and left the international community without a traditional global leader, according to experts, diplomats and analysts. The US -- usually at the head of the table helping to coordinate in global crises -- has declined to take a seat at virtual international meetings convened by the World Health Organization and the European Union to coordinate work on potentially lifesaving vaccines. Former world leaders warn that the Trump administration risks alienating allies by politicizing the deadly pandemic with its push to punish China and have other...




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US to temporarily ban work-based visas including H-1B

Washington: The US is working to temporarily ban the issuance of some work-based visas like H-1B, popular among highly-skilled Indian IT professionals, as well as student visas and work authorisation that accompanies them, amidst the high level of unemployment due to the coronavirus, according to a media report on Friday. The H-1B is a non-immigrant visa that allows US companies to employ foreign workers from countries like India and China in speciality occupations that require theoretical or technical...




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Bank of Jamaica Swap Results_ 8 May 2020

MARKET NOTICE 08 May 2020 Bank of Jamaica FX Swap Arrangement Report for Week Ended: 08 May 2020 For...




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Tyra Banks Admits Some America’s Next Top Model Moments Were Over the Line

Earlier this week, the Internet revisited clips of America’s Next Top Model, which premiered in 2003 on UPN and has aged pretty badly ever since, in which host ... More » ......




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Softbank-backed delivery startup Rappi is testing out robots for contactless delivery — take a look

Photo from Fredy Builes/VIEWpress via Getty Images) Colombian delivery app Rappi is testing pilot robot deliveries in Colombia. Rappi operates in several Latin American countries, and last year SoftBank invested one billion dollars into the startup. Deliveries are made using Kiwibot, a delivery robot from a Colombian owned company in California. Visit Business...




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Amid Covid-19 Hunger Fear Mounts in Bangladesh

The world is at risk of widespread famines resulting from lockdowns to contain the spread of the coronavirus pandemic. The devastating economic impact of Covid-19 is seeing a huge rise in the number of hungry people. Hamida Begum, a domestic worker in Bangladesh who is now out of work, said: “We only have forty Taka […]

The post Amid Covid-19 Hunger Fear Mounts in Bangladesh appeared first on Inter Press Service.





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Concerns for the Nearly 400 Rohingya Refugees Rescued off the Coast of Bangladesh

Nearly 400 Rohingya refugees have been rescued in Bangladesh after being at sea for two months.  Bangladesh coast guards reported rescuing 382 Rohingyas, including many women and children, who were starving and stuck on a boat as they were trying to reach Malaysia, the BBC reported on Thursday.  Coast guard spokesman Lt Shah Zia Rahman […]

The post Concerns for the Nearly 400 Rohingya Refugees Rescued off the Coast of Bangladesh appeared first on Inter Press Service.