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| Nationwide strike affects banks, transport; unions warn of more protests |
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| India's financial sector, including public-sector banks, were shut and transport affected in large parts of the country during the concluding day of a two-day nationwide s... |
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| Citigroup net income down to $468 mn |
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| New York, Oct 16, 2012 Citigroup Inc., the third largest bank in the US, Monday said that its net income for the third quarter of 2012 dropped to $468 million.
The decline in ... |
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| United Bank to finance Hindustan Motors' cars |
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| Kolkata, Sep 19, 2012 Public sector lender United Bank of India Wednesday signed a memorandum of understanding (MoU) with Ambassador car maker Hindustan Motors Ltd to finance the... |
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| US banks continue recovery from financial crisis |
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| Washington, Sep 15, 2012 US banks continued to make gradual but steady progress in recovering from the 2008 financial crisis and the ensuing severe recession, a senior banking re... |
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| Development banks pledge $175 bn for sustainable transport |
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| Rio de Janeiro, June 21, 2012 Eight largest multilateral development banks (MDBs) Wednesday announced that they will invest $175 billion to finance more sustainable transportatio... |
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| Fitch downgrades 18 Spanish banks |
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| New York, June 12, 2012 Ratings agency Fitch cut another 18 Spanish banks' long-term credit ratings Tuesday.
The cut comes just one day after Fitch downgraded the country's two... |
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| China to end state monopoly in banks |
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| Beijing, April 5, 2012 China's top leadership has agreed to reduce, if not break, the state's banking monopoly, Premier Wen Jiabao has said.
This is the first time Beijing ackn... |
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| Rate cuts unlikely as RBI reviews policy this week |
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| Rate cuts unlikely as RBI reviews policy this week
(16:28) Mumbai Jan 22, 2012 India Inc's hopes of a rate cut may not happen, atleast this time, even though ... |
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| PNB's total business reaches Rs 6.21 lakh crore |
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| Kolkata, Jan 22, 2012 State-run Punjab National Bank Sunday said its total business reached Rs 6.21 lakh crore at the end of the third quarter of fiscal 2011-12, registering a ye... |
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| RBI gives banks draft guidelines on capital regulation |
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| New Delhi, Dec 30, 2011 The Reserve Bank of India (RBI) Friday released draft guidelines for implementing Basel III capital regulation in India aimed at improving the banking sec... |
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