Barclays must face US class action over Libor
Barclays Plc shareholders who accused the British bank in a lawsuit of inflating its stock price by manipulating the interest rate known as Libor may pursue their case as a class action, a U.S. judge ruled on Thursday.
Aug 21, 2015, 15:43 PM ISTAir India may soon get $300 million loan through ECB
This ECB would be guaranteed by the Government of India and interest rate is fixed or floating linked to Libor.
Jul 22, 2015, 14:40 PM ISTLibor-like rate to help fasten policy transmission: Analysts
The Reserve Bank's plan to introduce an external benchmark rate, like the Libor, for better pricing of various financial products is likely to speed up the monetary policy transmission process, analysts said.
Apr 12, 2015, 19:03 PM IST