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SBI in 100 mn euro loan pact with European Investment Bank to aid SMEs

Jan 24, 2015

SBI in 100 mn euro loan pact with European Investment Bank to aid SMEs

Agreements related to the first tranche of 55 million euro and the second of 45 million euro were signed in June and November 2014 #SBI #loan #SMEs #EIB #European Investment Bank #SBI Capital Markets
ECB liquidity drive to offset Fed tapering impact: BofA-ML

Jan 23, 2015

ECB liquidity drive to offset Fed tapering impact: BofA-ML

The ECB announcement of monthly bond buying of 60 billion will help offset the impact caused by a likely tightening by the US Fed, the report said. #Economy #RBI #Bank of America Merrill Lynch #TheySaidIt #Raghuram Rajan #European Central Bank #FII
ECB helps Sensex, Nifty maintain northbound trend; Tata Power, Tata Motors lead surge

Jan 23, 2015

ECB helps Sensex, Nifty maintain northbound trend; Tata Power, Tata Motors lead surge

The NSE Nifty crossed the 8,800-level for the first time to scale an all-time high of 8,866.40 (intra-day) before settling 74.20 points, or 0.85 percent lower at 8,835.60, a new closing high. #Investing #Sensex #nifty #BSE #NSE #European Central Bank #MarketClose #Foreign Portfolio Investors
Reliance Capital gets shareholders' nod for stake sale to Sumitomo Mitsui

Jan 23, 2015

Reliance Capital gets shareholders' nod for stake sale to Sumitomo Mitsui

The deal would make the Japanese major a strategic partner of Reliance Capital (RCap) to collaborate on various businesses, including in its proposed banking venture. #Business #Investing #DealStream #Anil Ambani #Reliance Capital #Sumitomo Mitsui Trust Bank

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Banking licences: Were Tatas hoping to change the rules mid way?

Nov 28, 2013

Banking licences: Were Tatas hoping to change the rules mid way?

Many corporate were hoping for relaxation of RBI rules for a couple of years, and when they realized RBI is not going to relax any norms, some of them are now backing out #RBI #Tata Sons #Tata #Banking Licences
When it comes to financial sector, India is way ahead of China

Nov 18, 2013

When it comes to financial sector, India is way ahead of China

The banking system in India is well regulated and banks' reporting standards, reserve ratios and capital adequacy hold the system strong even in the face of adversities such as the global financial market collapse in 2007-08. #India #China #Banking #InMyOpinion #financial system