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U.S. prosecutors are envisaging filing criminal charges against two large foreign banks – for allegedly skirting economic sanctions against Iran in the case of...
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State Bank of Pakistan has formulated an extensive five-year strategy to promote Islamic banking in the country. Deputy governor of the central bank Saeed...
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State Bank of India has signed up Reliance Money Infrastructure (RMIL), an Anil Ambani Group company, in a business correspondent deal to source a...
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Gold loan company Muthoot Finance has sought permission from the Reserve Bank of India to pre-load part of gold loans in dedicated cards. A...
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The Reserve Bank will shortly issue Rs 100 denomination bank notes incorporating symbol on the obverse and reverse, with inset letter L in both...
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The government’s Foreign Investment Promotion Board (FIPB) has rejected HDFC Bank’s proposal to increase foreign portfolio investment limit for the bank. This could lead...
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Several public sector banks, including State Bank of India, is planning to sell NPAs worth around Rs 2000 crore to asset reconstruction companies (ARCs)....
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Acting governor of the State Bank of Pakistan Ashraf Mohammed Wathra has been appointed as the governor of the central bank. He will be...
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Bank of Ceylon has been ranked No 1 brand in Sri Lanka by Brand Finance Lanka, a subsidiary of Brand Finance network (UK). The...
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Toronto-Dominion Bank, which has bought about C$17 billion ($15 billion) of credit-card assets since 2011, displaced Canadian Imperial Bank of Commerce as the country’s...
