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About 13 results for "foreign lender rsquo"

Software robots to perform a fifth of internal jobs at ICICI Bank
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Software robots to perform a fifth of internal jobs at ICICI Bank

Other private banks also planning to employ bots soon ICICI Bank - the country’s largest private sector lender - is employing robots to perform tasks like generating customer IDs, updating addresses and mobile numbers, resolving ATM-related queries, etc. Claiming to be the first Indian bank to use software robotics, ICICI Bank on Thursday said the technology has helped them in reducing response time by up to 60 per cent. Chanda Kochhar, managing director & chief executive officer, ... Rediff.com, 2 months ago
ICICI Pru Life IPO to open on Sep 19 Rediff.com, 2 months ago
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Start-ups look at liberalised ECB route to raise fresh funds

On October 27, the Reserve Bank of India had allowed start-ups to borrow up to $3 million or around Rs 20 crore a year either in rupees or any convertible foreign currency. Indian start-ups might look at raising funds through the more liberalised external commercial borrowing route to spend on marketing, setting up offices in the US and Europe, and expanding their business. This would also give them access to debt money, a crucial factor at a time when they’re stabilising and growing ...
 Rediff.com1 week ago
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Demonetisation: Opposition deposits ire in Rajya Sabha

Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April. Initiating a debate after listed business was suspended to take up a discussion on the November 8 decision to withdraw old higher denomination currency, Anand Sharma ...
 Rediff.com2 weeks ago
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Muhurat Trading: Markets end flat, broader markets outperform

IMAGE: Bollywood actress Prachi Desai ringing the bell for special Muhurat trading session at Bombay Stock Exchange in Mumbai on Sunday. Photograph: Sahil Salvi Markets ended the customary 'Muhurat' trading session to usher in the new year Samvat 2073 on a negative bias with the broader markets outperforming the benchmark indices. The S&P BSE Sensex ended down 11 points at 27,930 and the 50-share Nifty settled 12 points lower at 8,626. In the broader markets, the BSE Midcap index gained ...
 Rediff.com1 month ago
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Sensex breaks 2-day losing streak; HDFC, ITC lead

Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1% Markets ended two-day losing streak and ended marginally higher, amid a choppy session, on renewed buying interest in index heavyweights like HDFC and ITC. However, further upside was capped due to selling in select auto and information technology shares. The benchmark S&P Sensex closed at 27,916 level up 79 points or 0.3% whereas the Nifty50 index closed flat at 8,615 mark. The ...
 Rediff.com1 month ago
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Sensex ends below 28,000 led by financials; ICICI Bank dips 2%

Financials were the top losers after sharp gains in the previous session along with ITC Markets consolidated for most part of the trading session to end marginally lower with financials leading the decline along with FMCG majors. The S&P BSE Sensex ended down 67 points at 27,984 and the Nifty50 closed 19 points lower at 8,659. In the broader market, the BSE Midcap ended flat while the Smallcap index gained 0.6%. Market breadth ended positive with 1636 gainers and 1176 losers on the BSE.
 Rediff.com1 month ago
Rediff.com

Why Sensex ended 521 points higher today

ICICI Bank extended yesterday gains, rising 10% in two trading sessions Benchmark share indices ended higher on Tuesday, amid firm global cues, after index heavyweights staged a recovery on short covering while financials rallied after ICICI Bank extended gains for the second straight session. The S&P BSE Sensex ended up 521 points to settle at 28,051 and the Nifty50 settled 158 points higher at 8,678. Sensex and Nifty registered their biggest intra-day gain since May 25, 2016. In the ...
 Rediff.com1 month ago Sensex ends 144 points lower; ICICI Bank surges 7%  Rediff.com1 month ago
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India one of the most open economies today: PM to BRICS Business Council

Asserting that results of the reforms undertaken by his government were visible, Prime Minister Narendra Modi on Sunday said the country has transformed into ‘one of the most open economies’ in the world with a strong growth rate. “We have undertaken substantial reforms in the past two years to streamline and simplify governance, especially in doing business. The results are clearly visible,” Modi told the Brazil, Russia, India, China, South Africa Business Council as ...
 Rediff.com1 month ago
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World Bank 'commits' to fulfil obligations under Indus Waters Treaty

Pakistan on Wednesday claimed the World Bank has 'committed' itself to 'timely fulfilling its obligations' under the Indus Water Treaty while remaining neutral as Islamabad approached the international lender amid reports that India may revoke the 56-year-old deal. A Pakistani delegation led by the Attorney General for Pakistan, Ashtar Ausaf Ali, met with senior officials of the World Bank at the World Bank Headquarters in Washington, to discuss matters relating to the Indus Waters Treaty that ...
 Rediff.com2 months ago
Rediff.com

FCNR redemptions won't be disruptive, say bankers

There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed Starting the middle of this month and peaking between October and November, foreign currency non-resident (FCNR) deposits worth $26 billion that banks in India raised three years earlier will start maturing. The currency and allied markets are curious as to the impact of this one-of-a-kind phenomenon. Banks have prepared different strategies and say they’re confident the ...
 Rediff.com2 months ago
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