Wednesday, March 12, 2008

Banking & Finance News 12th March 2008


RBI objects to bilateral trade agreements
Business Standard - Mumbai,Maharashtra,India
The RBI is also of the view that there are many issues in the banking and finance sector which are yet to be settled in the comprehensive economic treaty ...
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Citi India's Global Consumer Group today announced the following ...
Business Wire India (press release) - New Delhi,India
Rahul Soota, Managing Director, CitiFinancial Consumer Finance India Ltd. Rahul Soota, Head of Retail Banking since November 2005, moves as Managing ...
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Shriram City Finance targets Rs 1000 cr car loan portfolio
Sify - Chennai,Tamil Nadu,India
Chennai: Non-banking finance company Shriram City Union Finance Limited is targeting to increase its car loan portfolio to Rs1000 crore ($2.5 billion) in an ...
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Purwar joins India Infoline board as independent director
Hindu - Chennai,India
Purwar is an eminent personality in the banking and finance industry and has held several senior positions including that of the Chairman of State Bank of ...
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Recruiters descend on IIMs; salary graph keeps rising
Hindu Business Line - Chennai,India
FMS, Delhi was more a banking talent powerhouse, with the highest number of offers (45) made by the sector. Leading names include HSBC, Standard Chartered, ...
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India's Bonds Fall a Second Day on Concern Inflation to Quicken
Bloomberg - USA
``Banking system liquidity is going to come under pressure and that is negative for bonds.'' Overseas investors sold $3.2 billion more local stocks than ...
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Very positive on fertilizers: Sundaram Rural India Fund
Moneycontrol.com - Mumbai,India
Of course, there is a challenge lying there - micro-finance is already picking up in India. So we believe that banking system looks extremely oversold and ...
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Kuwait's KFH says eyes expansions in China, India
Reuters India - Mumbai,India
KUWAIT (Reuters) - Kuwait Finance House, the Gulf's second largest Islamic lender by market value, said on Monday it wants to expand in China, India, ...
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India's RBI implements e-payment system for deals worth 10 mln ...
Forbes - NY,USA
... The Reserve Bank of India said all high-value transactions of 10 mln rupees and above -- between banks, primary dealers, non-banking finance companies, ...
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