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People use payday loans to pay food and energy bills - CreditChoices.co.uk

Fri, 18 May 2012 09:36:59 GMT

People use payday loans to pay food and energy bills
CreditChoices.co.uk
By Martin Fagan Over 60% of people who take out payday loans use the money to pay household bills or to buy other essentials such as food, nappies and petrol, according to a new survey. Consumer watchdog Which? says the results of its survey shows an ...

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Negative on all banks, including SBI: Hemendra Hazari - Moneycontrol.com

Fri, 18 May 2012 09:35:51 GMT

Moneycontrol.com

Negative on all banks, including SBI: Hemendra Hazari
Moneycontrol.com
The bank reported a net profit of Rs 4050 crore for the fourth quarter (Jan-March) of FY12 as against Rs 21 crore a year ago, aided by higher interest income and lower provisioning for non-performing loans. Net non-performing asset (NPA) ratio declined ...

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Goldman Sachs to review Spanish Bankia plight - RT

Fri, 18 May 2012 09:32:08 GMT

Goldman Sachs to review Spanish Bankia plight
RT
Last week the Bank of Spain announced it was taking control of Bankia's parent company BFA through converting into equity a 4.5 billion euro loan it had previously given the group. The move came after Bankia's auditor, Deloitte, revealed several ...

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