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“South Indian Bank Ltd was incorporated on January 25, 1929, and is one of the oldest banks in South India. Bank’s Head Office is located at Thrissur, Kerala. It is one of the first private sector banks in Kerala to become a scheduled ...
May 22, 2012 at 08:50 | Source: MoneyControl.com
The Intimate Fashions team hired hundreds of young women from Tiruvannamalai, including Ms. Subhashini, to work in their factory as part of a project sponsored by the state government and the World Bank to ... or 12.4 miles, south of Chennai ...
May 21, 2012 at 14:21 | Source: NDTV
FirstRand Bank India (FRB), a unit of the South African banking major, is starting its India innings by offering the highest rate on savings account at 7.25%. Domestic players like Yes Bank (7% for minimum balanceof Rs1 lakh), Kotak Mahindra Bank (6% for ...
May 23, 2012 at 02:23 | Source: Daily News and Analysis
A memorandum of understanding (MoU) was signed on a $500 million credit line between Export-Import Bank of India and the Myanmar Foreign Trade Bank. Both countries also signed pacts on India-Myanmar border area development and an air services agreement.
May 28, 2012 at 07:03 | Source: Thaindian.com
Analysts say India could take steps to temper dollar demand and support the rupee -- such as having the central bank sell dollars directly to Indian oil firms, which would lower demand for greenbacks in the foreign exchange market. Fuel-scarce India ...
May 28, 2012 at 05:01 | Source: Haveeru Daily Online
India, China and South Africa. The RBI does not set a target level for the rupee but it intervenes in the market to ease volatility. Central bank insiders say it can be reactive at best when it comes to managing the rupee's level. "The RBI cannot manage ...
May 16, 2012 at 03:57 | Source: CNBC
India’s central bank has formed a $2 billion fund for a regional swap arrangement for Saarc (South Asian Association for Regional Cooperation) countries. This facility will be available in both foreign currency and Indian rupee. Reserve Bank of India in ...
May 20, 2012 at 13:03 | Source: The Daily Star
The Reserve Bank of India will probably be unable to lower borrowing costs ... The current-account deficit tends to widen when global oil prices rise as the South Asian economy imports about 80 percent of its crude needs. Oil shipments accounted ...
May 28, 2012 at 05:09 | Source: Bloomberg
head of research for South Asia at Standard Chartered Bank. Mr. Chakraborty notes that a decision to issue sovereign bonds would ultimately have to come from the government. Also, this may not be the best time to issue such bonds because India ...
May 28, 2012 at 09:33 | Source: Wall Street Journal
But India, clearly, is not Kenya. In South Africa, where a similar partnership was created ... “Before, people in rural areas had to go to a commercial bank to make their payments and often chose not to pay because of the hassle.”
May 28, 2012 at 08:00 | Source: Financial Times