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2012-01-25 00:41:00
syndicate bankManipal-headquartered public sector lender Syndicate Bank has reported a 32 per cent rise in net profit at Rs 338 crore for the third quarter-ended December 31, 2011 compared to the corresponding
2012-01-25 00:41:00
Inflation declined significantly: FMAfter a pause in the monetary policy in December, it was clear Reserve Bank of India (RBI) was shifting its focus towards growth. But there was uncertainty on when it would begin cutting rates.
2012-01-25 00:41:00
RBI ups interest rate ceiling on NRE, FCNRB depositsAfter nearly two years, the stage is set for lending rates to come down. With the Reserve Bank of India (RBI) slashing the cash reserve ratio (CRR) by 0.5 per cent, thereby signalling a reversal of
2012-01-25 00:40:00
citi indiaCiti on Tuesday said it will cut around 100 jobs across its businesses in India. The move comes after the financial services firm announced that it will lay-off 4,500 employees or 2 per cent of its
2012-01-25 00:40:00
SEBI bars founders of 4 firmsAfter a series of investor-friendly measures, the Securities and Exchange Board of India (Sebi), the capital market regulator, plans to back it up with a first-of-its-kind advertising campaign,
2012-01-25 00:40:00
High inflation 50-bp reduction in CRR to release Rs 32,000 crore repo rate unchanged at 8.5%. Reserve Bank of India Governor D Subbarao on Tuesday went halfway by cutting the cash reserve ratio, which determines
2012-01-24 18:24:58
​Decoding the mystery behind the rupeeMumbai: The rupee erased most of its intraday gains on dollar demand from oil refiners on Tuesday, after hitting a 10-week high, driven by local shares that rose on expectations the central bank will
2012-01-24 18:14:48
SBI expects 18-19 pct credit growth in 2011/12 - exec​Mumbai: Banks are likely to reduce lending rates for select sectors and may see an improvement in their net interest margins after the central bank cut cash reserve requirements for banks, top
2012-01-24 11:11:50
IndiaThe Reserve Bank of India (RBI) left interest rates on hold on Tuesday but cut the cash reserve ratio for banks by 50 basis points, a move that eases tight liquidity in the banking system and
2012-01-24 00:50:00
Larsen cuts FY12 order growth target, shares fall Larsen & Toubro ( L&T) beat market expectations on Monday with a 22 per cent jump in third-quarter net profit, but cautioned the financial year could end on a flat note.In Images: For a happy
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