| MP: IT-enabled financial inclusion process tardy | 11-NOV-09 |
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| Bankers and the state government are yet to gel with each other to hasten the process of opening of electronically-operated bank accounts of the labourers under the government-sponsored schemes like National Rural Employment Guarantee Scheme. On one hand, the state IT department has urged the government to include those non-government organisations which are working with it for its ambitious information technology project to provide better governance, while on the other, bankers want those NGOs to be registered under Section 25 of the Companies Act. |
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| Union threatens strike against State Bank of Indore-SBI merger | 05-NOV-09 |
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| The All India Bank Employees’ Association (AIBEA) is planning to go on a one-day strike by November-end to protest the proposed merger of State Bank of Indore with State Bank of India (SBI). While terming the merger a “violation” against the agreement, the union also said it would consider going on an indefinite strike if the merger was pursued. |
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| State Bank of Indore's Q2 net up 25% | 15-OCT-09 |
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| Public sector lender State Bank of Indore today reported a 25.69 per cent rise in net profit at Rs 78.62 crore for the second quarter ended September 30, over the corresponding period a year earlier. |
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| State Bank of Indore Q2 profit rises 25% to Rs 78 cr | 14-OCT-09 |
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| Public sector lender State Bank of Indore today reported 25.69 per cent rise in its net profit at Rs 78.62 crore for the second quarter ended September 30, over the corresponding period a year earlier. |
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| Bank Unions defer July 6 strike over SBI associate merger | 04-JUL-09 |
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| Bank Unions have deferred their nation-wide strike called to protest the proposed merger of State Bank of Indore with State Bank of India following the advice of the Deputy Chief Labour Commissioner that both the management and unions should discuss and sort issues out. |
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| SBI to merge State Bank of Indore | 20-JUN-09 |
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| Buoyed by the success of the merger of State Bank of Saurashtra with itself, State Bank of India (SBI), the country’s largest bank, on Friday said that it would acquire another subsidiary, State Bank of Indore. |
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| SBI associates plan to raise Rs 3,000 crore | 17-MAY-07 |
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| The four unlisted associates of the State Bank of India propose to raise Rs 2000-3000 crore from the market in the calendar year with the Lok Sabha clearing the SBI Subsidiary Bank (Amendment) Bill.
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