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MONEY & BANKING
PUBLIC SECTOR BANKS
Bank of Baroda to expand overseas
BANK of Baroda, under its global expansion strategy, opened a representative office in Bangkok, Thailand, on August 9. Earlier, on August 3, BoB had inaugurated its 39th branch in Leicester, UK. The bank has two representative offices in China ...
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SBI implements McKenzie revamp plan
Business process re-engineering under way for makeover to CBS platform
DEPARTING from its traditional approach of initiating mere structural changes within the organisation, State Bank of India has started to streamline management structures. This Business Process Re-engineering (BPR) exercise, based on ...
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SECURITISATION
Asset-backed securitisation set to grow on loans to used vehicles
Used vehicles, two-wheelers included, present a fairly big market, and the past year in particular witnessed a rise in lending aimed at such cars and motorcycles.
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