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Banks to get Rs 25000 crore to meet farm loan waiver costs
Fetched: August 27th, 2008, 9:16am EDT
The government will give Rs 25,000 crore (Rs 250 billion) to banks to help them make up the loss incurred on account of farm loan waiver, said a senior official Wednesday. -
Banking customers' personal details sold on eBay
Fetched: August 26th, 2008, 11:47pm EDT
A computer containing banking security details of more than 1 million people has been sold on eBay, according to bank officials the latest in a series of losses of personal data in the UK. -
SBI Life ranked third globally at MDRT
Fetched: August 26th, 2008, 4:27pm EDT
SBI Life on Tuesday said it has been ranked third globally in terms of number of Million Dollar Round Table (MDRT) members. -
Indian Overseas Bank in talks for 7-bn-rupee bonds
Fetched: August 26th, 2008, 4:27pm EDT
Indian Overseas Bank is in talks with state-run insurer Life Insurance Corp of India to sell bonds up to 7 billion rupees, a bank official said on Tuesday. -
RBI sets cut-off yield for state loans
Fetched: August 26th, 2008, 4:27pm EDT
RBI on Tuesday set cut-off yield at the auction of Punjab and Uttar Pradesh state bonds at 9.30 percent. -
Bank of India applies to open in Cambodia
Fetched: August 26th, 2008, 4:27pm EDT
Cambodia has welcomed an initial application by the Bank of India to open in Phnom Penh, local media reported on Tuesday. -
HDFC to spread its network to capture Indian rural market
Fetched: August 26th, 2008, 4:27pm EDT
With the aim of enabling farmers and Self Help Groups have access to banking and finance products, HDFC has chalked out new measures to expand its network to rural areas of the country. -
NPCI likely to get licence by early September: IBA official
Fetched: August 26th, 2008, 4:27pm EDT
The National Payments Corporation of India (NPCI) is likely to obtain the licence to commence operations soon. -
IDBI Bank hikes deposit rates by up to 0.75 per cent
Fetched: August 25th, 2008, 12:47pm EDT
New-generation public sector lender, IDBI Bank today hiked its interest rates on deposits across various tenures by upto 0.75 per cent with immediate effect. -
Reserve Bank finds Rs.30 mn fake currency in State Bank currency chest
Fetched: August 25th, 2008, 12:47pm EDT
A Reserve Bank of India team has completed the scan of a currency chest at the Domariyaganj branch of the State Bank of India and found fake currency with a nominal value of Rs.30 million.