Reliance Bank

Type: Company
Name: Reliance Bank
First reported 21 hours ago - Updated 1 hour ago - 2 reports

Nippon to raise stake in Reliance Life post FDI hike

WThe Indian government has now proposed to hike FDI cap in insurance sector from 26 percent to 49 percent. The proposal was cleared by the Union Cabinet in July this year and the government has said it is hopeful of its passage in the Parliament.Also ... [Published Moneycontrol.com - 1 hour ago]
First reported 13 hours ago - Updated 13 hours ago - 1 reports

Reliance Bank Holds Groundbreaking Ceremony for New Branch in The Grove

Reliance Bank Community Development Vice President Clayton Evans, Missouri State Rep/Speaker of the House John Diehl, Deputy Director for U. S. Senator Claire McCaskill Mattie Moore, St. Louis 17th Ward Alderman Joseph Roddy, Chairman of the Board of ... [Published STLtoday.com - 13 hours ago]
First reported Sep 01 2014 - Updated Sep 02 2014 - 5 reports

Nippon to partner Reliance Cap in bank bid

Mumbai, Sept. 1: Reliance Capital is taking yet another shot at entering the banking sector. The Anil D Ambani company today said that Nippon, its Japanese partner in life insurance and mutual fund ventures, will participate in setting up of the proposed ... [Published Calcutta Telegraph - Sep 02 2014]
First reported Aug 30 2014 - Updated Aug 30 2014 - 1 reports

EU to slap new sanctions on Russia over Ukraine

HOLLIDAYSBURG - Putting together a perfect record heading into the finals is only worth so much."A lot of people said it's like an omen," Marrysa Moyer said. "You go undefeated. Then you get into the championship and you don't win."It was an omen, all ... [Published Altoona Mirror - Aug 30 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Funeral arrangements announced for former Florence first responder

FLORENCE COUNTY, SC (WMBF) - Funeral arrangements for a former first responder have been announced.The Howe Springs Fire Department announced the following information, regarding Mr. Brigman on its website:Jeffery Brandon Brigman, 29, of Florence, SC, ... [Published WMBF - Aug 20 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

First Reliance Bancshares Inc (SuthCrln) Director John M. Jebaily Buys 28,100 Shares (FSRL)

First Reliance Bancshares Inc (SuthCrln) (NASDAQ:FSRL) Director John M. Jebaily bought 28,100 shares of First Reliance Bancshares Inc (SuthCrln) stock on the open market in a transaction dated Thursday, August 14th. The stock was purchased at an average ... [Published American Banking News - Aug 18 2014]
First reported Aug 16 2014 - Updated Aug 16 2014 - 1 reports

Insider Buying: First Reliance Bancshares Inc (SuthCrln) Director Buys 28,100 Shares of Stock (FSRL)

First Reliance Bancshares Inc (SuthCrln) (NASDAQ:FSRL) Director John M. Jebaily bought 28,100 shares of the stock on the open market in a transaction that occurred on Thursday, August 14th. The shares were purchased at an average cost of $2.93 per share, ... [Published American Banking News - Forex - Aug 16 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

St. Louis area banks' loans, profits up in 2nd quarter

Lending by local banks increased 5 percent in the first half of the year, as commercial and industrial loans, commercial real estate loans and small loans to businesses all rose.The more than 80 banks and thrifts based in the St. Louis area reported loans ... [Published STLtoday.com - Aug 15 2014]
First reported Aug 08 2014 - Updated Aug 08 2014 - 1 reports

Profits up 16% at St. Louis banks, thanks to Reliance

Profits increased 16 percent at 86 banks based in St. Louis in the first half of 2014, and total loans increased 15 percent, the Federal Reserve Bank of St. Louis reported Friday.Net income at the banks totaled $284 million for the six months ended June ... [Published Los Angeles Business - Aug 08 2014]
First reported Aug 01 2014 - Updated Aug 01 2014 - 1 reports

Reliance targets year end for $1 million Grove branch opening

After a $1 million building renovation, Reliance Bank plans to open a branch at Tower Grove Avenue and Manchester Road, perhaps by year end.The 1,600-square-foot branch will occupy the first floor, and the second floor will be used for community purposes ... [Published Business First of Buffalo - Aug 01 2014]
First reported Aug 01 2014 - Updated Aug 01 2014 - 1 reports

1,100 layoffs planned at Alpha coal mines in W.Va.

Penn State Altoona has received a $110,000 gift from Reliance Bank with naming rights to two new scoreboards in the gymnasium of Adler Athletic Complex and placement of the Reliance Bank brand on the gym floor.The commitment, used to purchase the scoreboards, ... [Published Altoona Mirror - Aug 01 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Reliance Bank posts $40 million profit on tax benefit

Reliance Bank posted a whopping $39.75 million profit for the first six months of this year, thanks to a one-time tax gain of $36 million for losses incurred from 2009 through 2011 and booked in the second quarter.Of that total, the bank’s core or pre-tax ... [Published Los Angeles Business - Jul 30 2014]
Entities: Reliance Bank, Taxes

Quotes

...Nikkei business daily quoted Reliance Group Managing Director Amitabh Jhunjhunwala as saying that "the two sides (Nippon Life and Reliance Life) are in talks and will likely seal the deal (for hike in stake) as soon as the legislation raising caps on foreign investment in Indian insurers passes"
"Reliance Capital is planning to set up its own bank which will cater to individual customers and small and medium enterprises all over India. NLI is also participating in this bank project as part of strategic business alliance with a view to improve the financial infrastructure and contribute towards economic growth of India" said Yoshinobu Tsutsui, President, Nippon Life Insurance
Nippon Life Insurance (NLI) President Yoshinobu Tsutsui said, "Reliance Capital is planning to set up its own bank which will cater to individual customers and small and medium enterprises all over India."
"Nippon Life is participating in this project as part of strategic business alliance to improve the financial infrastructure and contribute towards economic growth of India" , said Yoshinobu Tsutsui, president of the Japanese life insurance major

More Content

All (25) | News (25) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Nippon to raise stake in Reliance Life post FDI... [Published Moneycontrol.com - 1 hour ago]
Nippon to raise stake in Reliance Life post FDI... [Published zeenews.com - 1 hour ago]
Reliance Bank Holds Groundbreaking Ceremony for... [Published STLtoday.com - 13 hours ago]
Reliance, Nippon launch funds for Japan investors [Published Oman Tribune - 21 hours ago]
Nippon to partner Reliance Cap in bank bid [Published Calcutta Telegraph - Sep 02 2014]
Reliance Capital, Nippon Life launch two funds ... [Published Hindu Business Line - Sep 01 2014]
Reliance Cap to pursue its banking ambitions [Published Business Standard India - Sep 01 2014]
Reliance Group to apply for new banking licence... [Published Livemint.com - Sep 01 2014]
Nippon, Reliance launch India funds for Japan i... [Published Press Trust of India - Sep 01 2014]
Nippon, Reliance Group launch India funds for J... [Published Business Standard India - Sep 01 2014]
Reliance Cap-Nippon Life launch two funds, eye ... [Published Business Standard India - Sep 01 2014]
Reliance Capital gets Nippon Life as partner fo... [Published Business Standard India - Sep 01 2014]
EU to slap new sanctions on Russia over Ukraine [Published Altoona Mirror - Aug 30 2014]
Funeral arrangements announced for former Flore... [Published WMBF - Aug 20 2014]
First Reliance Bancshares Inc (SuthCrln) Direct... [Published American Banking News - Aug 18 2014]
Orangeburg company in top 20 again as S.C. plac... [Published Orangeburg Times and Democrat - Aug 17 2014]
Insider Buying: First Reliance Bancshares Inc (... [Published American Banking News - Forex - Aug 16 2014]
St. Louis area banks' loans, profits up in 2nd ... [Published STLtoday.com - Aug 15 2014]
Profits up 16% at St. Louis banks, thanks to Re... [Published Los Angeles Business - Aug 08 2014]
First Reliance Bancshares Inc (SuthCrln) Direct... [Published American Banking News - Aug 07 2014]
Reliance targets year end for $1 million Grove ... [Published Business First of Buffalo - Aug 01 2014]
1,100 layoffs planned at Alpha coal mines in W.Va. [Published Altoona Mirror - Aug 01 2014]
Reliance Bank posts $40 million profit on tax b... [Published Los Angeles Business - Jul 30 2014]
Motive for lawyer turned bank robber has friend... [Published STLtoday.com - Jul 26 2014]
5-Year CD Rates in Greater St. Louis Region Hig... [Published The Street Latest - Jun 03 2014]
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