Tag archive for ‘for’
By Loknath Das On Monday, September 11th, 2017
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RBI Says No Machines Being Used In Its Offices For Counting Scrapped Notes

New Delhi: The Reserve Bank of India (RBI) has said counting machines are “not being used” for tallying the total number of demonetised notes of Rs. 500 and Rs. 1,000 in any of its offices, according More...

By Loknath Das On Tuesday, September 5th, 2017
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Nationalised Banks Exempted From CCI Approval For Mergers

New Delhi: Paving way for fast-tracking consolidation in PSU banking space, the government has exempted mergers of nationalised banks from seeking fair trade watchdog CCI’s approval. This exemption will be More...

By Loknath Das On Thursday, August 31st, 2017
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Outlook For Indian Banking System Stable, Says Moody’s

Mumbai: Global rating agency Moody’s today gave a stable outlook to the country’s banking system due to the ongoing progress on asset quality front and on better operating environment. The rating agency More...

By Loknath Das On Thursday, August 31st, 2017
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Nationalised Banks Exempted From CCI Approval For Mergers

New Delhi: Paving way for fast-tracking consolidation in PSU banking space, the government has exempted mergers of nationalised banks from seeking fair trade watchdog CCI’s approval. This exemption will be More...

By Loknath Das On Friday, August 25th, 2017
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SBI Chief Says Mergers Can Reduce PSU Banks’ Need For Government Capital

Mumbai: State Bank of India chairperson Arundhati Bhattacharya on Tuesday called for more consolidation among the public sector banks, saying this could reduce their dependence on government for capital. The statement More...

By Loknath Das On Tuesday, August 22nd, 2017
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‘India May Become First Nation Using LED For All Lights By 2019’

New Delhi: Power Minister Piyush Goyal today said India will probably be the first country in the world to use LEDs for all lighting needs by 2019, which would help the nation save over Rs. 40,000 crore a year. State-run More...

By Loknath Das On Thursday, August 17th, 2017
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Consumer Inflation Picks Up For First Time In 4 Months

New Delhi: Annual consumer price inflation picked up in July after easing for three straight months as a decline in food prices abated, but it remained well below the Reserve Bank of India’s central target. More...

By Loknath Das On Wednesday, August 16th, 2017
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Consumer Inflation Picks Up For First Time In 4 Months

New Delhi: Annual consumer price inflation picked up in July after easing for three straight months as a decline in food prices abated, but it remained well below the Reserve Bank of India’s central target. More...

By Loknath Das On Wednesday, August 16th, 2017
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Wholesale Inflation Rate Picks Up For First Time In 5 Months

New Delhi: Wholesale price inflation rate picked up in July after easing for four straight months, with food prices back on the rise. The wholesale price index rose 1.88 per cent in July from a year earlier, compared More...

By Loknath Das On Wednesday, August 16th, 2017
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Banks’ Association Calls For Unions Meet To Avoid August 22 Strike

Chennai: In an attempt to avert the nationwide bankers’ strike on August 22, the Indian Banks’ Association (IBA) and the Chief Labour Commissioner have called the United Forum of Bank Unions (UFBU) More...