RBI Wants Banks Fix Their Savings Rates - 0 views
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anonymous on 19 Jun 10The Reserve Bank of India Friday said it wants the lenders to fix their individual rates for savings deposits, as part of the financial sector reforms.
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Small Comapniess to Benefit From New Base Rate Regime - 0 views
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Shifting to the new base rate modal by banks from the current Benchmark Prime Lending Rate (BPLR) would make it easier for small scale companies to raise money through banks, according to a new survey conducted by an industry body among bankers and economists.
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Lending rate hike to hit near-term growth: RBI - 4 views
shared by anonymous on 23 Mar 10
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The Reserve Bank of India late Monday admitted that the recent hike in its policy rates would affect growth in the near-term but maintained it would consolidate in the medium-term.
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RBI eases overseas investment norms for telecom cos - 0 views
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The Reserve Bank of India (RBI) Thursday allowed telecom companies to build and maintain submarine cable systems with global players on a co-ownership basis.
Nokia to Roll Out Mobile Banking in Many Indian Cities Soon - 0 views
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Finnish telephone supplier Nokia is planning to roll out its mobile banking service, Nokia Money, in many Indian cities soon, a Nokia official said Wednesday.
EXIM India to Open Office in Ethiopia Next Month - 0 views
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In a bid to support Indian companies' growing investments in East Africa, the Export and Import (EXIM) Bank of India will open an office in Ethiopia next month, officials said.
Banks get behind India's solar dream - 0 views
This should come as good news to companies in the UK, China, Germany, US and India. Seventeen public sector, private sector and foreign banks have given the government a commitment to fund 72,000 M...
India, China helping decrease global inequality: IMF - 8 views
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Even as inequality is getting worse in many countries, the rise of India and China has contributed to the decrease in global inequality, according to the International Monetary Fund (IMF).
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No change in interest rate: RBI policy | Reserve Bank of India | Metro Journalist - 0 views
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The Reserve Bank of India's governor came before media for unveiling new RBI's policies today. He announced that the RBI would do no change in its interest rate policy despite retail inflation. RBI can refer to it for estimating price.
Canara HSBC Oriental Life to infuse Rs.300 cr - 0 views
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The Canara HSBC Oriental Bank of Commerce Life Insurance Company has decided to infuse Rs.300 crore this fiscal for operational expansion.
Dhaka seeks joint management of Brahmaputra with India, China - 0 views
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Bangladesh has proposed a "joint basin-wise management" of the Brahmaputra that also flows through China and India and poses serious problems of flooding in the three countries.
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RBI To Cut Costs On Dollar Loans - 0 views
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Banks and corporates are hopeful that the Reserve Bank of India will change rules to allow many infrastructure and unlisted companies to lower the cost of their dollar loans.
RBI May Delay Policy Rate Hike a Few Weeks - 0 views
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Amid debate on how soon the Reserve Bank of India will raise key policy rates to tame inflation, a report has viewed that the central bank may wait for a few weeks before raising policy rates.
SBI Sets Base Rate at 7.5 Percent - 0 views
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India's largest public sector lender State Bank of India (SBI) on Tuesday fixed its benchmark lending rate at 7.5 percent, a move raising expectation that private banks and other lenders are also likely to peg their base rate closer to that of SBI to stay competitive in the corporate loan market.
Collateral free loan for MSMEs on the anvil: RBI - 0 views
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The Reserve Bank of India (RBI), may soon increase the limit of collateral free loan for MSMEs from Rs. 5 Lakh to Rs. 10 Lakh, RBI Executive Director, V. K. Sharma told SME Times on the sidelines of a meeting of the National Board for MSME in the capital today.
Monetary tightening by RBI may push up property prices - 0 views
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Further monetary tightening by the Reserve Bank of India (RBI) and imposition of service tax on under-developed housing complexes, as proposed in the Budget 2010-11, will lead to increase in property prices, according to real estate companies.
RBI Hints at Rate Hike to Tame Inflation - 0 views
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The Reserve Bank of India (RBI) on Monday hinted at a hike in key interest rates to keep inflation in check while predicting a faster 8.2 percent growth in the current fiscal provided there is a normal monsoon.
UBI gets Rs.300 crore capital infusion from govt - 0 views
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Kolkata-based United Bank of India has informed the Bombay Stock Exchange that it has got capital infusion of Rs.300 crore from the central government.
Duncan Lawrie starts operations in India - 0 views
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The UK-based private bank, Duncan Lawrie, began its operations in India Tuesday opening an office here.
Industry reiterates its demand for a rate cut by RBI as IIP slips to 3 - 0 views
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As growth of country's industrial production slipped to 3.1% in the month of April, India Inc reiterated its demand for a cut in interest rate by the Reserve Bank of India (RBI), stating that it was imperative to bolster growth as well as consumer demand.
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