Business Daily from THE HINDU group of publications
Sunday, January 14, 2007
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NON-PERFORMING ASSETS
Reconstruction co to have foreign partners
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MERGERS & ACQUISITIONS
Federal Bank picks up stake in South Indian, LVB
Federal Bank has picked up 4.99 per cent stake each in South Indian Bank and Lakshmi Vilas Bank, it is reliably learnt. Sources said that Federal Bank was "gearing up for 2009", (when ownership of banks is expected to be liberalised.) As of ... More

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Top Stories
Sugar industry ready to exploit Indian Ocean region: ISMA chief
Federal Bank picks up stake in South Indian, LVB
Dues to fertiliser cos may cross Rs 11,500 cr
Outlook mixed for global economies
Looking back
Jan. 7-Jan. 13
Banks urge Govt to restore tax waiver on infrastructure investments
Dept of Post may hive off insurance, real estate
Barclays Bank to begin commercial operations
RBI relaxes norms for project, service exports
Banks going slow on retail lending
Biometric cards pilot project to start off in AP district
ICICI Bank raises $2 b thru overseas bond issue
BoB charts new global biz strategy
Forex reserves down $666 m

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