Liquidity injected by the Indian government and the central bank has not reached the cash-starved industry and consumers, posing a key challenge for the policy-makers, Commerce and Industry Minister Kamal Nath said.

Source:Bank funds not reaching industry, consumers: Nath (The Economic Times)

NEW YORK & LONDON & SINGAPORE & SAO PAULO, Brazil—-The Mobile Marketing Association today announced the publication of its Mobile Banking Overview; an educational resource designed to provide analysis of the unique marketing opportunities and attributes that the mobile channel represents for the financial sector.

Source:Industry Analysis on Mobile Banking Now Available From The Mobile Marketing Association (Business Wire via Yahoo! Finance)

Colleges and universities ought to take action against students found to have engaged in “direct-sale” prostitution via social-network websites like Hi5, according to a well-known academic. Assoc Prof Sukhum Chaloeysap of Suan Dusit Rajabhat University said all institutes of higher learning should admit the problem existed and join forces to combat it. Some students are said to have touted …

Source:Colleges urged to crack down on student internet flesh trade (The Nation – Thailand's English news)

SAN FRANCISCO—-The Federal Home Loan Bank of San Francisco announced January 30, 2009, that the 11th District Monthly Weighted Average Cost of Funds Index for December 2008 is 2.757%.

Source:Federal Home Loan Bank of San Francisco Releases December 2008 Cost of Funds Index (Business Wire via Yahoo! Finance)