Chief operating officer too quits more expected as rate fixing scandal grips bank
Breaches the 55-level on increased demand for dollar from banks & importers
Still down 41 paise on good demand for dollar from banks & importers
Merges large corporate and mid-size corporate groups, leaves out infrastructure corporate group
Union Bank will offer crop loans, investment credit and loans for allied activities by up to Rs 50,000 at base rate only
The average AUM of the company reached Rs 47,200 crore by the end of the June quarter.
The ECB cut its main interest rate to a record low of 0.75%
RBI Governor D Subbarao chaired the meeting held at the Reserve Bank's Regional headquarters
The new rates are effective from July 2
The new rates are effective from July 2
New date March '13 RBI tweaks norm to facilitate process as many firms face payment default
China also reduces rates, Bank of England opts for status quo
Economists say macroeconomic environment may have turned 'stagflationary'
Premiums likely to go up marginally over last year, to $30 million tighter terms put off many
USD-RUPEE-MARKETS:Rupee likely lower on euro weakness