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Lakshmi Vilas Bank has sought SEBI’s approval to raise Rs 505 crore through a rights issue. The bank intends to utilize the proceeds from...
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Karachi-based Faysal Bank will convert itself into a full-fledged Islamic lender as its majority shareholder, Bahrain’s Ithmaar Bank, looks to consolidate its business lines....
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Pakistan’s central bank has issued new rules for the operation of Islamic banking windows, aiming to strengthen their role in the world’s second-most populous...
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BNP Paribas’ Kix NFC payments service is now available to customers across France, following its introduction in the city of Strasbourg in January 2013....
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Here is good news for real estate developers engaged in developing residential projects for the lower and middle income segments of the population. Capri...
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Eight banks based in Switzerland, Britain and the United States are being probed into for currency manipulation after preliminary investigations in September. The banks...
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Bank of India is issuing $300-$400 million worth of Basel III compliant bonds in overseas markets. This will be the first such issue out...
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Kotak Mahindra Bank has launched a fully integrated social bank account, called Jifi, which the bank states will target mostly the youth of the...
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The total amount of unclaimed deposits (which are more than 10 years old) in the scheduled commercial banks in India is Rs 3652.64 crore...
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Jammu and Kashmir Bank is exploring opportunities to expand outside India. The bank is likely to open branches in Dubai and London to strengthen...
