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 MP Governor may meet President over his  alleged involvement in MPPEB scam

MP Governor may meet President over his alleged involvement in MPPEB scam

27 Feb 2015

New Delhi: Under pressure from the Centre to resign over his alleged involvement in MPPEB forest guard recruitment scam, Madhya Pradesh Governor Ram Naresh Yadav arrived here and is likely to meet President Pranab Mukherjee.

MPPEB scam,   Ram Naresh Yadav,   MPPEB forest guard recruitment scam,   President,  
Haryana to transfer social security benefits to beneficiaries' <strong>bank</strong> accounts

Haryana to transfer social security benefits to beneficiaries' bank accounts

27 Feb 2015

Faridabad: The Haryana government will transfer pensions under various social security schemes directly to the bank accounts of beneficiaries.

Haryana,   social security benefits,   Haryana bank accounts,   Haryana government,   pensions,  
All BRICS members to have equal shareholding in new <strong>bank</strong>

All BRICS members to have equal shareholding in new bank

26 Feb 2015

New Delhi: Each of the five BRICS member countries will have equal shareholding in the New Development Bank and US Dollar will be base currency for the lender, External Affairs Minister Sushma Swaraj said on Thursday in Rajya Sabha.

BRICS,   External Affairs Minister,   Sushma Swaraj,  Rajya Sabha ,  
Power Grid seeks USD 500 million loan from World <strong>Bank</strong>

Power Grid seeks USD 500 million loan from World Bank

26 Feb 2015

New Delhi: Central transmission utility Power Grid Corporation has sought USD 500 million loan assistance from the World Bank for financing projects.

Power Grid Corporation,   World Bank,   financing projects,   Finance Ministry ,  
RBI closely watching black money probe against HSBC

RBI closely watching black money probe against HSBC

26 Feb 2015

Mumbai: The Reserve Bank on Thursday said it is keeping a close watch on global banking major HSBC, which is facing multi-nation probe including by Indian tax authorities for alleged tax evasion and money laundering at its Swiss units.

Reserve Bank of India,   HSBC,   RBI,   black money probe,   alleged tax evasion,   money laundering,  
SBI gets shareholders nod for raising Rs 15,000 crore from market

SBI gets shareholders nod for raising Rs 15,000 crore from market

26 Feb 2015

New Delhi: State Bank of India (SBI) on Thursday received shareholders' approval for raising Rs 15,000 crore through a public offer, including a rights issue, to fund business and meet global capital adequacy norms.

SBI,   State Bank of India,   rights issue,   fund raising,   global capital adequacy norms,  
PSBs' Basel-III needs to overshoot Rs 2.4 trillion estimate: S S Mundra

PSBs' Basel-III needs to overshoot Rs 2.4 trillion estimate: S S Mundra

26 Feb 2015

Mumbai: Reserve Bank Deputy Governor S S Mundra on Thursday said that state-run banks' capital needs to comply with Basel-III regulations may overshoot the earlier estimate of Rs 2.4 trillion, and also expressed reservations about the move to infuse funds in banks selectively.

Reserve Bank of India,   Deputy Governor S S Mundra,   Basel III regulations,   Basel III framework,  
RBI says overdraft under Jan-Dhan is priority sector lending

RBI says overdraft under Jan-Dhan is priority sector lending

25 Feb 2015

Mumbai: Giving a big boost to Pradhan Mantri Jan-Dhan Yojana (PMJDY), the RBI on Wednesday said bank overdrafts of up to Rs 5,000 in accounts opened under this financial inclusion mission will be treated as priority sector lending.

Reserve Bank of India,   RBI,   PMJDY,   Priority Sector Lending,   PM Modi,  
NSE empanels HDFC <strong>Bank</strong> to accept FDRs in electronic form

NSE empanels HDFC Bank to accept FDRs in electronic form

24 Feb 2015

New Delhi: Leading bourse National Stock Exchange (NSE) has empanelled HDFC Bank for submitting Fixed Deposit Receipts (FDRs) issued as collateral to trading members in electronic form.

NSE,   HDFC,   FDR,   electronic form,  
Pakistan <strong>bank</strong> blocks USD 65 million suspected transaction

Pakistan bank blocks USD 65 million suspected transaction

23 Feb 2015

Islamabad: A top Pakistani bank has blocked an unusually large transaction of about USD 65 million originating from Malaysia after a foreign bank generated a suspicious transaction report (STR).

bank blocks,   Pakistan bank,   Standard Chartered Bank,   STR,   FIA,   FMU ,  

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