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Federal Bank Recruitment 2012 9 Jun 2012 | 02:24 pm
Federal Bank a leading Private Sector Bank invites applications from aspiring, young, talented and dynamic personnel holding a valid score card of Common Written Examination (CWE) issued by Institute...
United Bank of India Clerk Recruitment 2012 9 Jun 2012 | 01:57 pm
United Bank of India invites Online application for filling up 751 Single Window Operators ‘A’ (in Clerical cadre ) posts, from Indian citizens who have appeared at the Common Written Examination fo...
RBI to infuse Rs 12k cr next week 9 Jun 2012 | 01:42 pm
The Reserve Bank of India (RBI) today announced an auction under open market operations (OMOs) to purchase Rs 12,000 crore of government bonds on Tuesday. No OMOs were conducted this week. “RBI must ...
Impact of high rates on growth being overplayed, says RBI 9 Jun 2012 | 01:35 pm
A senior official of the Reserve Bank of India (RBI) today said tight monetary policy alone was not responsible for the slowing of economic growth, though it might be a contributing factor. On the si...
Govt backs banks’ entry into commodity futures trading 7 Jun 2012 | 08:42 pm
The government is set to remove the legal hurdle in the entry of banks into commodity futures trading, despite the Reserve Bank of India’s reservations on the issue. Banks can now trade in shares, bo...
PSBs unamortised pension bill pegged at Rs 14,000 cr 7 Jun 2012 | 08:39 pm
Public sector banks (PSBs) may have to set aside about Rs 14,000 crore before January 2013 as unamortised pension liabilities to comply with Basel-III norms, according to rating agency CARE. Unamorti...
RBI for overhaul of banks’ HR practices 6 Jun 2012 | 02:50 pm
The Reserve Bank of India (RBI) has called for a complete overhaul of human resource practices at banks, especially public sector ones where several staffers are due to retire in seven to eight years....
Markets await 25-bp rate cut 6 Jun 2012 | 02:42 pm
While slowing growth, lower core inflation and fall in crude oil prices make a case for rate cuts in the upcoming policy review, economists say the central bank will have to be cautious. The Reserve B...
ICICI Bank’s losses on security receipts widen to Rs 408 cr in FY12 4 Jun 2012 | 12:38 pm
ICICI Bank’s losses on its security receipts portfolio have nearly doubled to Rs 408 crore in the financial year 2011-12, from Rs 231 crore a year ago. “This loss, primarily, comprised mark-to-market...
Rupee hits all-time low, bounces back 4 Jun 2012 | 12:34 pm
The rupee fell to an all-time low of 56.52 against the dollar but closed 0.2 per cent up over the previous close on talk that the Reserve Bank of India (RBI) had facilitated a special window to meet f...
