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    The Syariah High court here issued a warrant of arrest for a follower of Ariffin ‘ Ayah Pin’ Mohamad, the leader of the Sky Kingdom sect after the accused failed to turn up for hearing today.
  2. Financial stability report is a reminder of how banks should be run - Daily Telegraph
    Financial stability (or instability as is now the case) is one area in which the Bank has had a reasonable track record, spotting wholesale funding problems and risks of super-leverage two years ahead of time in its half-yearly reports. But the ...
  3. Loans to get cheaper as banks slash PLR by 75 bps (The Economic Times)
    Several public sector lenders, led by the country’s biggest lender State Bank of India, have lowered their prime lending rates, the benchmark interest rate, to which all loans are linked. The rate cuts have been around 75 basis points (bps).
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    Expanded deposit insurance is just one of your new tools.