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MONEY & BANKING

RBI & OTHER CENTRAL BANKS: More RBI steps to check inflation likely: Crisil
Retail NPAs may rise; no slowdown in investments seen. Mumbai, July 17 Further measures to combat inflation, which touched 11.91 per cent for the week ended July 5, are expected in the forthcoming review of the monetary policy, said Ms Roopa ...

FOREX: Rupee gains 25 paise
The rupee appreciated by 25 paise against the dollar on Thursday due to gains in the stock market and fall in crude oil prices. The domestic currency opened higher at 42.95/97 and closed at 42.81/82, against the previous close of 43.07/08. During ...

GOVT BONDS: Bonds rally as crude prices ease
Bond prices rallied as the price of global crude showed signs of cooling. Total traded volumes on the order-matching system were at Rs 2,785 crore. Dealers said that the price of global crude easing to $133 per barrel from $138 per barrel was ...

PUBLIC SECTOR BANKS: United Bank branch at Rohtak
United Bank of India has opened its 1,407th branch at Rohtak (Haryana). With this, the number of branches in northern India stands at 82. Mr T.M. Bhasin, Executive Director of the bank, said in a press release that the bank was enhancing its ...

PEOPLE: SBH appoints new GM (Tech)
Mr M. Vasantha Kumar has assumed charge as General Manager (Technology) in State Bank of Hyderabad. Mr Kumar had joined as a probationary officer in State Bank of Saurashtra in 1975. Prior to the current assignment, he was on deputation to State ...

M-COMMERCE: SKS Microfin, Bharti tie up for mobile banking
Hyderabad, July 17 SKS Microfinance is planning to foray into mobile banking through its affiliate Swayamkrushi Sangham, a non governmental organisation ...

GENERAL INSURANCE: Vehicle buyers seek ‘premium’ advice
INSURANCE DISCOUNT. Coimbatore, July 17 Visualise this: You have decided to buy a car. Say you have made up your mind on the make, colour and model. The next step you will probably take is get a quote from a dealer or two in the vicinity, ...

PRIVATE BANKS: More Axis Bank priority lounges
Coimbatore, July 16 Axis Bank has moved beyond product introduction by initiating the exclusive priority banking lounge and dedicated branches for its high-end ...

PRIVATE BANKS: YES Bank sees good biz from e-payments
Coimbatore, July 17 Despite its limited branch network, YES Bank foresees huge business opportunity from its e-payment solutions offering. It has seized this opportunity by providing its customers online ...

INTEREST RATES: ‘Union Bank PLR unchanged since February’
Kolkata, July 17 Interest rates have not been increased but just restored to the earlier levels, according to Mr M.V. Nair, Chairman and Managing Director, Union Bank of India. ...

CO-OPERATIVES: Saraswat co-op expansion plans
The Saraswat Co-operative Bank has set itself a target of opening 250-300 branches to stand up to competition from other banking majors. The bank aims at business worth Rs 25,000 by March 31, 2011, its Chairman, Mr K.V. Rangnekar, told ...

SHORT TERM INSTRUMENTS: Call rates steady
Call rates were almost unchanged at 8.95-9.05 per cent (8.9-9.10 per cent). The RBI received and accepted 23 bids for Rs 26,365 crore in the one-day repo auction. There were no reverse repo bids. In the CBLO market, there were 382 trades ...






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Remembering Ramachander

Ranbaxy-Daiichi deal

People's car

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More RBI steps to check inflation likely: Crisil

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Looking back
Jul. 6-Jul. 12
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