Inflation-indexed bonds are hereThe Reserve Bank of India is set to issue its first tranche of inflation-indexed bonds on June 4, with 20 per cent reserved for retail investors. With a ten-year tenor, the bonds are a long-term, safe investment option for domestic investors. The principal ... Business Line, 8 hours ago |
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RBI will take some time to act against banks flouting KYC normsThe Reserve Bank of India may take some time to act against banks violating the know-your-customer (KYC) norms, according to Rajiv Takru, Secretary, Department of Financial Services. We should not expect any action from the RBI in the next week or 10 days. Business Line, 7 hours ago
Stiffer penalty likely for banks flouting know-your-customer norms
Business Line, 1 week ago
Cobrapost fallout: Govt, RBI mull hiking penalty
Rediff.com, 1 week ago
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Sidbi targets Rs 45,000 cr disbursements in FY14Small Industries Development Bank of India ( Sidbi) engaged in promotion and financing of micro, small and medium enterprises (MSMEs), is eyeing disbursements of Rs 45,000 crore in 2013-14. This would be a growth of 12.5 per cent over Rs 40,000 crore which ... Business Standard, 11 hours ago
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ICICI Bank: 20% hike for top managementICICI Bank, India's largest private sector bank, has proposed a pay hike of over 20% to its top management team just months before issue of new bank licences to corporate houses by the Reserve Bank of India. The board of directors have rewarded Chanda ... Times of India, 14 hours ago
ICICI Bank offers over 20% salary hike to top management
Economic Times, 1 day ago
ICICI offers over 20% salary hike to top management
Economic Times, 21 hours ago
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Sell Tata Motors, IndusInd Bank; buy Coal India: SukhaniAccording to Sudarshan Sukhani of s2analytics.com, Tata Motors and IndusInd Bank will be short selling ideas for next week. However, he advised buying Coal India. Money Control, 13 hours ago
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Weekly Wrap: Sensex loses nearly 3% on weak results, economic concernsDisappointing earnings reports from heavyweights State Bank of India and Larsen & Toubro, worries about the global economy on the back of a weak Chinese manufacturing report and a likely tapering of asset purchase program by the US Federal Reserve rendered ... Sify, 16 hours ago
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Exim Bank to step up in Africa, LatAmOver the last year, Indian exports have borne the brunt of a falling demand from prime markets like the US and Europe. T C A Ranganathan, chairman and managing director of Export-Import Bank of India, thinks the situation can be reversed by foraying into ... DNA, 22 hours ago
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Banks need to come clean on notesMumbai, May 24: Pelham Grenville Wodehouse did it because he was bored. But the Reserve Bank of India is starting to take a dim view of bankers who either doodle or scrawl meaningless numbers on bank notes. The story (probably apocryphal) goes that ... Calcutta Telegraph, 19 hours ago
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Reserve Bank sets tone for innovative, inclusive devTHE Reserve Bank of India in its annual policy statement revealed its intent in clear terms. It spelt out far reaching changes in credit delivery and financial inclusion mechanism, scope of priority sector, customer services and reasonability and uniformity ... Greater Kashmir, 3 hours ago
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RBS shutting shop in 23 of 31 India branchesThe decision came after Reserve Bank of India put a roadblock in its plan to sell its retail and commercial business business to (HSBC) style="text-align: justify; margin: 0px"Royal Bank of Scotland is scaling down its India operations as the bank ... India Infoline, 1 day ago
RBS to close 23 of 31 branches in India
Business Standard, 1 day ago
RBS India to complete biz consolidation by year-end
Business Line, 1 day ago
RBS to close 23 of its 31 branches in India
Livemint.com, 1 day ago
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