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Leaders of the BRICS emerging market nations now on summit at Fortaleza in Brazil, launched a $100 billion development bank and a currency reserve...
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Small Industries and Development Bank of India (SIDBI) will fund Rs 1000 crore this financial year to microfinance institutions. The development bank had extended...
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Three public sector banks – Central Bank of India, United Bank of India and Bank of Maharashtra – are planning to make a preferential...
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The National Bank for Agriculture and Rural Development (NABARD) has launched Vithiya Sakshartha Abhiyan, a financial literacy program on trains as part of its...
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BNP Paribas pleaded guilty to a criminal charge over its dealings with sanctioned countries in federal court on Wednesday, putting the finishing touches on...
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Three Malaysian banks, including CIMB Group Holdings, are in merger talks, which could create the country’s biggest lender and one of the largest in...
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Allahabad Bank is planning to offer gold loans nationally. Currently, gold loan scheme is operational in four southern states – Andhra Pradesh, Kerala, Karnataka...
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Bank of Baroda (Kenya), a subsidiary of Bank of Baroda, has opened its branch in Meru, Kenya. With the opening of this branch, the...
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Former RBI deputy governor Anand Sinha has joined corporate law firm Amarchand & Mangaldas as senior advisor, financial services. It will be a part-time...
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The Reserve Bank of India may have a chief operating officer with the rank of deputy governor. The board of the central bank is...
