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SBI set to buy residential properties of Air India in south Mumbai

SBI set to buy residential properties of Air India in south Mumbai

30 Mar 2015

Mumbai/New Delhi: Country's largest lender State Bank of India has received all necessary approvals to buy residential properties of cash-starved national carrier, Air India, in south Mumbai for Rs 90 crore.

SBI,   Air India residential properties,   south Mumbai,   State Bank of India,   Air India,  
RBI may hold rates in April; to go for 25 bps cut by June: DBS

RBI may hold rates in April; to go for 25 bps cut by June: DBS

30 Mar 2015

New Delhi: The Reserve Bank of India (RBI) is likely to hit the pause button in its policy review meet on April 7, but might go for a 25 basis points cut by June, says a report by DBS.

RBI,   DBS,   Reserve Bank of India,   RBI policy review meet,  
Blackmoney: Swiss banks seek fresh undertakings from Indians

Blackmoney: Swiss banks seek fresh undertakings from Indians

29 Mar 2015

New Delhi: Seeking to come clean on illicit funds amid intense government pressure, Swiss banks have asked their Indian clients to provide fresh undertakings to ensure that untaxed money is not stashed in their accounts.

Black Money,   Swiss Bank,   Swiss accounts,   Switzerland,   India,  
RBI to soon issue norms for Central Fraud Registry: Mundra

RBI to soon issue norms for Central Fraud Registry: Mundra

29 Mar 2015

New Delhi: Reserve Bank has almost finalised the structure of Central Fraud Registry and will soon come up with guidelines to enable quick sharing of information about unscrupulous borrowers and help banks fight bad loans.

RBI,   SS Mundra,   Reserve Bank of India,   RBI,   Central Fraud Registry,   ,  
<strong>Strike</strong> over Mekedatu reservoir begins in Tamil Nadu

Strike over Mekedatu reservoir begins in Tamil Nadu

28 Mar 2015

Chennai: A strike, called by Tamil Nadu farmers and backed by Opposition parties and trade unions, over the Mekedatu reservoir row began in the state this morning amid tight security.

Mekedatu reservoir row,   Tamil Nadu farmers,   Tamil Nadu strike,   Cauvery river dam,  
Russia to join China-led development <strong>bank</strong>: Official

Russia to join China-led development bank: Official

28 Mar 2015

Moscow: Russia is to sign up to the Chinese-led development bank AIIB, first Deputy Prime Minister Igor Shuvalov said on Saturday at an international forum in China.

Russia,   AIIB Bank,   Igor Shuvalov,   China led development bank,   Russia joins AIIB Bank ,  
RBI revises NBFCs' prudential norms, makes ratings mandatory

RBI revises NBFCs' prudential norms, makes ratings mandatory

28 Mar 2015

Mumbai: The Reserve Bank on Friday revised regulations for non-banking finance lenders by directing them to get themselves rated by March 2016, and those failing to achieve investment grade ratings should not accept fresh deposits or renew older ones.

RBI,   Reserve Bank of India,   NBFC,   NBFC prudential norms,   investment grade,  
France launches first bombing <strong>strike</strong> against IS in Tikrit

France launches first bombing strike against IS in Tikrit

26 Mar 2015

Paris: France has bombed Islamic State positions in the Tikrit area of Iraq for the first time since the start of the international offensive against the jihadist militia, French military officials said on Wednesday.

France,   Bombing,   ISIS,   Tikrit,   French military,   Fighters,  
India's forex reserves up USD 4.26 billion

India's forex reserves up USD 4.26 billion

28 Mar 2015

Mumbai: India's foreign exchange reserves increased by USD 4.26 billion to USD 339.99 billion for the week ended on March 20, Reserve Bank of India (RBI) data showed.

India forex reserves,   Indian reserves increased,   foreign exchange reserves,   forex reserves increased,   RBI,   Reserve Bank of India ,  
Green <strong>Bank</strong> to invest in projects in India, South Africa

Green Bank to invest in projects in India, South Africa

26 Mar 2015

London: Green Investment Bank (GIB) on Thursday announced a pilot project to fund overseas ventures in renewable energy sector to the tune of 200 million pounds (approximately Rs 1,800 crore) in India, South Africa and east African nations.

Green Bank,   GIB renewable sector investment,   GIB India projects,   GIB India investment,   GIB South Africa projects,   GIB South Africa investment ,  

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