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Banks have asked passport authorities to impound the passport of Abhijit Rajan, chairman of engineering firm Gammon India, which has defaulted on loans. According to sources, the firm is sitting...
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The Reserve Bank opted for a surprising status quo at the bi-monthly review Friday on expectations of softening price rise, but changed the policy stance to "calibrated tightening" from "neutral"....
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Facing enquiry over charges of nepotism and conflict of interest, ICICI Bank managing director and CEO Chanda Kochhar on Thursday quit the bank, six months before her current tenure was...
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IDBI Bank board on Thursday approved a proposal for issuance of preferential shares in favour of LIC with a view to increase the share of insurer in the bank up...
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State Bank of India (SBI) on the occasion of Mahatma Gandhi's birth anniversary pledged to become a plastic-free organisation in the next 12 months as part of its sustainability commitment....
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The Reserve Bank on Monday announced that it will inject Rs 36,000 crore liquidity into the system through purchase of government bonds in October to meet the festival season demand...
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Yes Bank's founder and CEO Rana Kapoor, who has been asked by the RBI to quit the post by January, said on Friday that he will not sell his shares...
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The Reserve Bank of India Thursday allowed banks to dip further into statutory cash reserves in a bid to ease a liquidity squeeze afflicting the nation's money markets. RBI in...
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Fitch Ratings on Wednesday placed Bank of Baroda's viability rating (VR) on rating watch negative (RWN), post the government's proposal to merge the lender with Vijaya Bank and Dena Bank....
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State-run Canara Bank has moved taken telecom infrastructure player GTL group to the National Company Law Tribunal (NCLT) after the company defaulted on its debt repayment. While GTL has defaulted...
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