MONEY & BANKING
INSIGHT
Dynamics of the rising rupee
The rise of the rupee has been unprecedented. It rose by more than 10 per cent against the US dollar, the euro, the British pound, and the Japanese yen in less than three months. A look at the economics of the rising rupee.
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PRIVATE BANKS
Follow-on offer not to impact ICICI Bank weightage
The follow-on public offer (FPO) of ICICI Bank will help close down gap between the bank and number two stock Infosys Technology in the BSE Sensex, according to its weightage. However, it may not make any drastic change in the S&P CNX Nifty. ...
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Sticklish Issues
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PUBLIC SECTOR BANKS
Central Bank branch at Kukatpally
Central Bank of India has opened its 166th branch in Hyderabad zone at Kukatpally here on Friday. Mr K. Subbaraman, Executive Director, Central Bank of India, inaugurated the branch in the presence of Mr K. Subramanian, Zonal ...
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GOVT BONDS
Bonds advance on reserve money accretion, waning inflation
Capital flows remain buoyant; forward premia low
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CREDIT MARKET
Credit disbursal
The total credit disbursed to the priority and non-priority sectors in Thiruvananthapuram district during the last fiscal was Rs 3,459 crore. According to a press release issued by Indian Overseas Bank, the lead bank for the ...
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OVERSEAS INVESTMENTS
ICICI Bank may renew efforts for FIPB nod
ICICI Bank has said that it would take further steps to obtain Government approval for foreign investments in its investment holding subsidiary. The bank, however, said that there could be no assurance that it would get the requisite approval. ...
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