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MONEY & BANKING
DEBT MARKET:
Yields retreat on high liquidity, fall in inflation
Banks see further decline in deposit, lending rates. Bangalore, April 12 Bond yields retreated last week, overwhelmed by the continuing liquidity overhang in the banking system and ...
FOREIGN BANKS:
StanChart to cut exposure to unsecured SME loans
Kolkata, April 12 Standard Chartered Bank plans to reduce its exposure to the unsecured loans in small and medium enterprises (SME) segment in 2009 due to high delinquencies and the rise in non-performing assets, according to Mr Rakesh ...
PUBLIC SECTOR BANKS:
Bank of India to bring more districts under branchless banking
Mangalore, April 12 Bank of India, which has implemented the branchless banking model for financial inclusion in Raigad district of Maharashtra, is planning to implement the model in the 48 districts in the country where it has a lead ...
PRIVATE BANKS:
City Union Bank branching into tier-II, III cities in South
Coimbatore, April 12 Ask the Managing Director and Chief Executive of City Union Bank, Mr S. Balasubramanian, his plans for the bank, and he beams before stating: “Preparing for the ...
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