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RBI Deputy Says 'Bad Bank' Could Help If Designed Right

The Reserve Bank of India deputy governor on Wednesday joined the debate over creating a so-called "bad bank" to handle record sour assets in the nation's banks, saying it could help if "designed properly".

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Passenger Vehicles Sales Up 14.4%, Two Wheeler Sales Down 7.39% In January

The popular Innova and Fortuner maker Toyota Kirloskar Motor reported a 21 per cent increase in domestic sales in January at 10,336 units as compared with 8,511 units sold in January last year

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Inflation Seen Cooling In January, Output Eases

Indian inflation likely cooled in January to the lowest in at least five years, after food prices fell and demand weakened following Prime Minister Narendra Modi's ban on high-value currency notes

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United Breweries Q3 Profit Down 32% At Rs 48.49 Crore

United Breweries has reported 31.94 per cent decline in net profit to Rs 48.49 crore for the quarter ended on December 31, 2016, due to the impact of demonetisation and lower income

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SoftBank Loses $350 Million On Investments In Snapdeal, Ola

SoftBank Corp has booked an investment loss of 39.28 billion yen ($350 million) on its investments in India, including those in cab-hailing firm Ola and e-commerce company Snapdeal

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Assocham Concerned Over RBI Leaving “Accommodative” Stance On Interest Rates

Assocham welcomed the RBI decision to set up a standing committee on cyber security, especially in the wake of increased focus on digitalization of the economy, post demonetization.

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Rupee Zooms past 3-month High In Early Trade, Up 24 Paise

Forex dealers said that besides increased selling of the American currency by exporters as well as banks, a higher opening in the domestic equity market supported the rupee

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Why TROP Makes Little Sense

If you go against common sense and choose a TROP, make sure you don’t opt for a term exceeding 10 years

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Sensex Rebounds 173 Points, Nifty Tops 8,800 In Early Trade

After two sessions of losses, the benchmark Sensex recovered almost 173 points and the NSE Nifty retook the 8,800-mark in early trade on Thursday on fresh spell of buying by participants

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Credit Policy Impact: Debt Funds See One Week Losses As Yields Surge

Adopting an accrual strategy may be a better way to beat bond market choppiness

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