| Banking regulation prime concern: Fed | 22-NOV-09 |
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| Federal Reserve officials are stepping up scrutiny of the biggest US banks to ensure the lenders can withstand a reversal of soaring global-asset prices, according to people with knowledge of the matter. |
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| PNB may acquire majority stake in Kazakh bank | 21-NOV-09 |
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| Punjab National Bank plans to acquire a majority stake in a Kazakhstan-based bank to expand its presence in Central Asia, its Chairman and Managing Director K R Kamath said here today. |
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| Strange but true | 20-NOV-09 |
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| RBS/Lloyds: The UK’s two big state-owned banks may be in for a re-branding. Royal Bank of Scotland and Lloyds Banking Group could end up being the country’s largest private equity firms. |
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| Better times ahead for banking sector | 19-NOV-09 |
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| Better times are ahead for the banking sector as a revival in economic activity coupled with inflation is likely to boost credit growth in the second half of current financial year, says a study. |
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| Barclays opens Hyd branch | 19-NOV-09 |
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| Barclays Global Retail Banking (GRB), India, the retail banking business of financial services provider Barclays, is evaluating possible targets for mergers and acquisitions to accelerate its growth in the country. It has been growing at two branches a year in the last three years, according to interim managing director and chief operating officer Ram Gopal. |
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| Pandit will continue with $1 salary | 18-NOV-09 |
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| Vikram Pandit, the India-born chief executive of Citigroup, will continue to take the salary of $1 a year, although the financial services firm has raised base salaries for two of its senior officials. |
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| Rupee gains 8 paise to 46.22 vs $ | 18-NOV-09 |
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| The Indian rupee today inched higher by 8 paise to 46.22 against the US dollar in early trade on expectations of fresh capital inflows by foreign funds into Indian bourses. |
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| Better times ahead for banking sector | 17-NOV-09 |
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| Better times are ahead for the banking sector as a revival in the economic activity coupled with inflation is likely to boost the credit growth in the second half of current financial year, says a study. |
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| Banks need 12 lakh biz correspondents for rural area | 16-NOV-09 |
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| The Indian Banking sector needs at least 12 lakh business correspondents to work in rural areas to bring six-lakh villages of the country into banking arena, Krishna Mohan, regional director, Reserve Bank of India (RBI) said here today. |
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| 'Financial inclusion, rural banking to drive growth' | 12-NOV-09 |
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| IT major Infosys Technologies' banking solutions arm Finacle, which currently enjoys a 65 per cent market share in the core banking segment, is looking at the financial inclusion frameworks laid down by the RBI, and the rural banking focus by governments in other countries as its next growth drivers. Finacle, which has 5,000 direct employees across six continents, says it sees good opportunity in the Islamic banking space as well. |
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| Cryobanks to step up awareness on stem cell banking | 12-NOV-09 |
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| Cryobanks International India, a leader in umbilical cord blood stem cell banking, aims to expand its network in Orissa by involving more families in the state for storage of umbilical cord blood. |
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