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Sunday, February 20, 2005
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MONEY & BANKING

OVERSEAS BORROWINGS


FIPB asks ICICI Bank to reduce size of ADS offering
THE Foreign Investment Promotion Board (FIPB) has directed ICICI Bank to limit its sponsored American depository shares (ADS) offering to the available headroom of 3.29 per cent of the bank's paid-up share capital. This brings down the bank's ... More

FOREX


Forex reserves rise $1.06 b
THE country's foreign exchange reserves moved up by $1.06 billion during the week ended February 11, taking the total reserves to $129.980 billion from $128.914 billion in the previous week, as per the latest RBI statistics. The rise in ... More

FINANCIAL POLICY


Jewellery exporters get more time to repay loans against gold
EXPORTERS of jewellery have been provided with some flexibility in terms of the pricing of gold and an extended period for the repayment of loans against gold. In a circular to all commercial banks, the Reserve Bank of India has said that the ... More

CO-OPERATIVES


RBI restraint on Citizen Co-op Bank
THE Reserve Bank of India has told the Pune-based Citizen Co-operative Bank customers that they could withdraw money up to Rs 5,000, one time, till further notice. This has been done to save the small depositors. The RBI has asked the bank to ... More


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Top Stories
Chemists to restock psychotropic drugs after Govt assurance


NCAER business confidence index rises again

Unanimity over oilseeds import still eluding industry

Traditional items propel high export growth in H1

In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 13-Feb. 19
Forex reserves dip by $806 m

Securities rally on surge in liquidity

PSBs may be allowed to offer equity abroad — Move to ease norms for roadshows by top brass

Fresh Left pressure on FDI cap hike

Deloitte to advise PNB on UK subsidiary — Bank's second public offer to open on March 7


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