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Poornima Mohandas 12:54 AM | November 04,2009
Mobile payment platform mChek seeks to ride the next wave of growth in India; the theme of the World Economic Forum’s India Economic Summit, to be held in New Delhi on 8-10 November
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Mark to Market | Manas Chakravarty, Ravi Ananthanarayanan and Vatsala Kamat 11:39 PM | November 01,2009
The proportion of loans by bank’s overseas branches actually increased from 26% a year ago to 27%, despite the turmoil in the markets there
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Narayanan Somasundaram / Reuters 02:01 PM | October 31,2009
The bank on Saturday said that its July-September net profit rose to Rs2,490 crore from Rs2,260 crore a year earlier
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PTI 07:32 PM | October 28,2009
State Bank of India, ICICI Bank and Canara Bank, which had low provisioning cover, will be impacted more by this measure than others, a report prepared by Standard Chartered said
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Anita Bhoir 12:36 AM | October 28,2009
The central bank is following the principles formulated by a global panel on financial stability
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Anita Bhoir 10:36 PM | October 26,2009
Banking ombudsmen received 69,117 complaints in FY09, a majority of them related to credit cards
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Anita Bhoir 12:23 AM | October 23,2009
Foreign banks’ exposure to derivatives, letters of credit and guarantees declined 31.2% to Rs70 trillion at the end of March 2009 from Rs102.1 trillion last year
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Shally Seth 09:26 PM | October 08,2009
Debt aversion of the rural rich, more cash in the hands of city buyers could be the reasons behind the phenomenon
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Reuters 05:38 PM | October 07,2009
Reliance Life Insurance, which is aiming to reach break-even in the next fiscal year, managed about $2.15 billion in assets as of September, a figure it aims to increase to about $8.6 billion by 2013
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Banker’s Trust | Tamal Bandyopadhyay 10:32 PM | September 27,2009
Th e Indian banks in United Kingdom are trying hard to reach out to the Indian community at Southall, Wembley, Birmingham, Harrow, Slough, Ilford and Leicester
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Anita Bhoir 11:05 PM | September 22,2009
The move is in line with the new strategy to drive the loans business from branches rather than sales agents
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PTI 06:35 PM | September 14,2009
As part of its fund raising plans, French financial institution Proparco will invest $20 million in the bonds of Yes Bank
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Anjali Bansal 09:37 PM | September 09,2009
While aggressive expansion may work in the current environment, a forward-looking CEO is likely to be more mindful of balancing different priorities--between the short-term and the long-term
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PTI 03:22 PM | September 09,2009
TOnline trading in currency derivatives would enhance the suite of instruments available for trading and hedging for investors, the company said in a statement
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Janaki Krishnan & Tamajit Pain / Reuters 07:29 PM | September 08,2009
The current situation is conducive for banks to look at acquisition opportunities abroad, M.V. Nair, chairman and managing director of Union Bank of India, said
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