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ING Vysya Bank plans to raise Rs 2k-cr

ING Vysya Bank has capital adequancy ratio of 13.2 %, looking at credit growth of 17 % on its current book size of Rs 34,370 crore

'Loan yield dip to affect Allahabad Bank margins'

Hike deposit rates to face competition may impact

Forex reserves fall $616.4 million to $293.69 billion

Foreign currency assets, major component of forex reserves, were down by $568.1 million to $263.16 billion

World Bank nod for $100-million loan to NHB

Loan granted under concessional International Development Association window on a long-term basis for 25 years

Indices post fifth straight weekly gains

Sensex up 38.79 points to 20,286.12, while Nifty rises 17.4 points to 6,187.3 points

JM shares stretch gains on Pandit's stake buy

Investors, traders bet that Vikram Pandit's stake purchase in Nimesh Kampani-controlled firm has increased chances of it securing banking licence

Sugar co-ops want restrictions on import, with export subsidy

At present, sugar imports via open general licence route are permitted at 10% duty

'New pharma policy alone can't make healthcare affordable'

The move to regulate prices, comes at a time when the margins of the Indian pharma industry are under pressure

ZTE forays into Indian smartphone market

ZTE will enter the Indian smart phone market with an initial portfolio of five different models of smart phones ranging from Rs. 5,799 to Rs. 14,999

Dr Reddy's welcomes new pharma pricing policy

The Centre had ushered in a new regime for pricing drugs and issued a new Drugs (Prices Control) Order, 2013 which came into force on May 15

Govt serious about issues raised by trade unions: PM

Willing to engage constructively and seriously on labour issues

Norm violation: Bank penalty may go up

Now, the maximum penalty under law is Rs 1 crore, and that is very less: Rajiv Takru

ICICI Bank repatriates C$75 mn from subsidiary in Canada

The bank said its effort was aimed at optimising capital for the ICICI Group and to improve its return on equity

Diesel under-recovery down to Rs 3.73 a litre

This comes almost a week after oil marketing companies increased diesel prices by Rs 1.02 per litre on May 11

PM intervenes to keep private interest in PPP projects alive

Asks planning commission to draft a bill on dispute resolution

Maharashtra Plan size for 2013-14 fixed at Rs 49,000 cr

8.8% higher than last year; state seeks Centre's help to tackle water crisis

Income floor raised to over Rs 6 lakh a year

CCEA approved a proposal to allocate subsidised foodgrain this financial year to 105 mn families above the poverty line via PDS

Vikram Pandit, partner to buy stake in JM Financial

Ex-Citi CEO to be non-executive chairman of the NBFC and its proposed bank