Finance Minister P Chidambaram draws a line to check CAD at 3.7%

Trident’s Derrow to head new lending services effort at Residential Finance

Towards this end, he announced a slew of measures including quasi-sovereign bonds by state-owned firms, relaxation in norms to enable banks garner deposits from non-resident Indians and an increase in import duties on non-essential goods. In its Monday edition, ET had reported that a catena of measures to contain CAD would be announced later in the day. These steps, said Chidambaram, are expected to result in additional inflows of $11 billion, which when added to normal inflows of $65 billion would be enough to finance the projected current account deficit of $70 billion. “This is as much a red line as the fiscal deficit.

WhiteHorse Finance, Inc. Reports Second Quarter 2013 Earnings Results

The teleconference replay can be accessed by dialing 404-537-3406 (domestic and international) and entering ID# 14342688. A webcast replay will also be available on the investor relations portion of the Company’s website at http://phx.corporate-ir.net/phoenix.zhtml?c=251424&p=irol-IRHome. About WhiteHorse Finance, Inc. WhiteHorse Finance, Inc. is a business development company that originates and invests in loans to privately held small-cap companies across a broad range of industries.

Much of Derrowas job will include forging similar relationships with other real estate groups. Derrow spent five years with Trident Holdings a formerly Real Living Inc. a which is the managing partner of HER. Trident CEO Harley Rouda Jr.

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