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41. Bangladesh to import electricity from India
Bangladesh will import up to 1,200 megawatts (MW) of electricity from India by the middle of 2012 to meet its fast growing demand for power, a senior government official said on Wednesday.
10 Dec 2009
42. HSBC set to buy RBS Asia assets
HSBC is set to buy the retail and small and medium enterprises businesses of Royal Bank of Scotland in India, China and Malaysia, the Mint newspaper reported on Wednesday, citing an unnamed RBS official in India.
09 Dec 2009
43. ICICI to get S'pore OK for full banking ops
ICICI Bank, India's No. 2 lender, is expected to get Singapore's approval soon to open branches, take deposits and give loans in the city state, the Economic Times reported on Monday.
07 Dec 2009
44. WB loans to India seen at $7 bln this year
The World Bank has committed to increase its lending to India to about $7 billion this year from an average $2.3 billion in the previous four years, the finance ministry said in a statement.
02 Dec 2009
45. SAIL may reject bids at bond sale, bankers say
Steel Authority of India may reject all bids at its bond sale which opens for bidding on Wednesday, as the indicative yields announced last week are below current market rates, merchant bankers said.
02 Dec 2009
46. UAE central bank sets up emergency facility for banks
The United Arab Emirates' central bank set up an emergency facility on Sunday to support bank liquidity in the first policy response to Dubai's debt woes that threatened to paralyze lending and derail economic recovery.
30 Nov 2009
47. Banks, world leaders play down Dubai debt threat
World leaders expressed confidence in the global economic recovery on Friday despite fears about a debt default by Gulf emirate Dubai, while major banks played down their exposure to the debt.
28 Nov 2009
48. India needs efficient banks and infra funding - RBI
Inefficiencies in Indian banks have meant the large cuts in official rates have not been fully passed on to customers, hampering the effectiveness of monetary policy, the head of the Reserve Bank of India (RBI) said on Wednesday.
26 Nov 2009
49. Indian IT firms jump on cloud computing bandwagon
Indian IT firms may be forced to look beyond their bread-and-butter offshoring model, as a potential game changer in the form of "cloud computing", the hottest new buzzword in Silicon Valley, floats east.
26 Nov 2009
50. India to scrap bank voting rights cap
India plans a major boost for foreign investors in privately-run banks by allowing them voting rights in proportion to their stakeholdings.
26 Nov 2009
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