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If mobile numbers can be ported why not bank accounts: S S Mundra

If mobile numbers can be ported why not bank accounts: S S Mundra

30 Jan 2015

Mumbai: As technological advancements continue to change the world of finance and banking, Reserve Bank Deputy Governor S S Mundra on Thursday called upon bankers to "reinvent themselves" if they want to remain relevant.

bank accounts portability,   S S Mundra,   RBI Deputy Governor,   Reserve Bank of India,  
Unbridled financial inclusion can create problems: HR Khan

Unbridled financial inclusion can create problems: HR Khan

30 Jan 2015

Mumbai: The Reserve Bank cautioned that "unbridled" financial inclusion drive could create problems and asked banks to take adequate safeguards in this regard.

financial inclusion,   HR Khan,   RBI deputy governor Khan,   Reserve Bank of India,   banking,  
Global investors keen on doing business in Maharasthra: Fadnavis

Global investors keen on doing business in Maharasthra: Fadnavis

26 Jan 2015

Mumbai: Maharashtra Chief Minister Devendra Fadnavis on Monday said global investors have evinced an interest to invest in the the state in information technology, manufacturing and agriculture sectors.

Maharashtra,   Chief Minister,   Devendra Fadnavis,   Global Investors,   World Economic Forum,  
General Electric to invest Rs 3,000 crore in <strong>Maharashtra</strong>

General Electric to invest Rs 3,000 crore in Maharashtra

22 Jan 2015

Mumbai: US-based General Electric (GE) has proposed to invest Rs 3,000 crore in Maharashtra during a meeting with state Chief Minister Devendra Fadnavis at  World Economic Forum meet in Davos.

General Electric,   World Economic Forum,   Devendra Fadnavis,   John Rice,  
Bank of <strong>Maharashtra</strong> cuts minimum lending rate to 10.25 percent

Bank of Maharashtra cuts minimum lending rate to 10.25 percent

11 Dec 2014

New Delhi: State-run Bank of Maharashtra on Thursday announced a cut of 0.15 percentage point in its minimum lending rate or base rate to 10.25 percent, a move which will make its housing and auto loan cheaper.

Bank of Maharashtra,   BoM minimum lending rate,   BoM base rate,   housing loan,   auto loan,   BSE,   RBI Governor,   Raghuram Rajan,   Wholesale Price Index,   Consumer Price Index,   BoM shares,  
RBI <strong>Governor</strong> hails government's announcement on functional freedom for banks

RBI Governor hails government's announcement on functional freedom for banks

09 Jan 2015

Mumbai: Reserve Bank Governor Raghuram Rajan on Friday hailed the government direction to state-run banks to act without fear or favour and ignore extraneous considerations in their commercial operations.

Reserve Bank,   RBI Governor,   Raghuram Rajan,   Modi government,   PSU banks,   Commercial operations,  
BSE listed firms' market value regains Rs 100-trillion mark

BSE listed firms' market value regains Rs 100-trillion mark

15 Jan 2015

Mumbai: Boosted by the best rally in stock market in over 5 years, the total market valuation of all listed firms at the BSE on Thursday reclaimed the Rs 100 trillion-mark after RBI's surprise move to cut repo rate.

BSE listed firms,   stock market,   market value today,   RBI,   RBI repo rate cut,   RBI Governor,   Raghuram Rajan,  
RBI <strong>governor</strong> questions farm debt waiver schemes

RBI governor questions farm debt waiver schemes

27 Dec 2014

Udaipur: Putting a question mark on the effectiveness of government's farm debt waiver programmes, RBI Governor Raghuram Rajan on Saturday said such schemes have constrained flow of credit to farmers.

RBI governor,   farm debt,   waiver schemes,   Raghuram Rajan,   RBI chief,  
Centre's move to reduce stake in public sector banks doesn't comply with international norms: RBI

Centre's move to reduce stake in public sector banks doesn't comply with international norms: RBI

10 Jan 2015

Kolkata: The Central government's move to reduce its shareholding in public sector banks to 52 percent may not meet their capital needs under new international norms, a top official said here on Saturday.

RBI,   Reserve Bank of India,   PSB,   Deputy Governor R Gandhi,   Raghuram Rajan,  
HC stays suspension order of <strong>Maharashtra</strong> FDA on Dr Reddy's C&F agent

HC stays suspension order of Maharashtra FDA on Dr Reddy's C&F agent

09 Jan 2015

Hyderabad: Dr Reddy's Laboratories on Friday said the Bombay High Court has granted an interim stay on an order issued by the Maharashtra drug controller (FDA) for a one-month suspension of wholesale licence of the company's clearing and forwarding agent in Bhiwandi near Thane.

Maharashtra,   FDA,   drug controller,   C&F agent,   Bombay High Court,   one-month suspension,   ,  

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