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1. No plan for SBI to take over state banks
There is no proposal for government-run State Bank of India to take over any other state bank, a minister of state for Finance said on Tuesday.
16 Mar 2010
2. ICICI Bank raises auto, home loans rates
ICICI Bank, India's No. 2 lender, has raised auto loans by 25-50 basis points for different tenors and segments, effective from March 5, a spokesman said on Thursday.
05 Mar 2010
3. Gorgeous Bollywood beauties at Bangalore Fashion Week
Bollywood actresses Zarine Khan(L) and Koena Mitra(R) showcase creations during the third day of the Bangalore Fashion Week in Bangalore, India, Friday, Jan. 30, 2010.
01 Feb 2010
4. RBI lifts reserve ratio, rate rise seen next
The Reserve Bank of India (RBI) surprised markets by raising banks' cash reserve requirements by more than expected on Friday and warned of mounting inflation, setting the stage for increasing interest rates in the coming months.
30 Jan 2010
5. State Bank sees no upward pressure on rates
The chairman of State Bank of India, India's leading bank, said on Friday he did not see any upward pressure on lending rates in the next six months, after the central bank had raised banks' reserve requirements.
29 Jan 2010
6. RBI lifts cash reserve ratio, holds rates
The Reserve Bank of India (RBI) surprised markets by raising banks' cash reserve requirements by more than expected and warned of mounting inflation, suggesting its next move may be an interest rate rise.
29 Jan 2010
7. Rupee flip-flops ahead of cbank policy review
The rupee seesawed in early trade on Friday with losses in domestic shares and dollar gains pressuring it lower but expectations of a tighter monetary policy supporting the local currency
29 Jan 2010
8. PNB sees steady loan growth; says bad loans manageable
State-run Punjab National Bank Ltd forecast steady loan growth with managable bad debts and surplus deposits for the fiscal year to March, even as it saw a rise in bad loans during the December quarter.
27 Jan 2010
9. SBI sees steady loan growth, bad debt rising
State Bank of India, the country's biggest lender, expects steady loan growth for the full year to March but warned that surplus deposits and higher bad debt could impact profits in the March quarter.
26 Jan 2010
10. State Bank of India, ICICI Q3 net seen hit by bond moves
State Bank of India, the country's top lender, and rival ICICI Bank are likely to post lower quarterly net profit on sluggish credit demand and a fall in treasury incomes as bond yields rose.
25 Jan 2010
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