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India’s largest private sector bank by market capitalisation ICICI Bank will unveil its Q4 March 2011 results today, 28 April 2011. Bank of Baroda, LIC Housing Finance, Crompton Greaves, Biocon, JSW Energy, Alfa Laval, BASF India, Bata India, GTL, Gujarat Gas Company, HCL Infosystems, Hexaware Technologies, Kansai Nerolac India, Kesoram Industries, Nagarjuna Fertilisers, Navneet Publications, […]

The Reserve Bank of India (RBI) on Thursday prefab a approach for deregulation of fund reserve give rates, expression that release of benefit rates on savings Bank (SB) accounts would aid savers, as it would enable lenders to originate out with groundbreaking products to pull much assets from low-income households. While the RBI had deregulated […]

Marketplace control Securities and Exchange Populate of India (SEBI) has said that neither a fund business nor a distributor can springiness ‘significative’ returns on fixed maturity plans (FMPs). This is a exotic prescribe and merits deeper test. In the old life, there victimised to be something titled ‘inter-corporate’   loans-one militia would lend to other. The […]

The relaxation in norms for provision of bad loans will help commercial banks in India. Banking regulator RBI has said that banks need not maintain a 70% provision coverage ratio beyond September 2010 on an ongoing basis. According to RBI, for incremental NPAs (non-performing assets), banks can now revert to the old practice of staggered […]

Sheldon Concessio is travelling to Luxemburg this June and spending two months there. According to the Reserve Bank of India guidelines, one can carry around Rs 2 lakh cash on a foreign trip in one financial year. But Concessio may need more money and wants to know the options available. Ravi Menon, head-foreign exchange, Cox […]