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In mid-February, the RBI had said it would introduce the base rate from April
ANZ's entry into India comes ten year after it sold its assets in the country to StanChart
Nomura Holdings Inc plans to increase its bankers in the United States by 25 per cent by March next year
The bank reported earlier on Wednesday a 13 per cent rise in 2009 profit
Shares rose after the Budget proposed to provide Rs 165 billion ($3.6 billion) for recapitalisation
Shares in the bank have dropped 15.5% so far this year
Last year, 140 banks failed, compared to 25 in 2008 and only three in 2007
Banks are expected to record an earnings growth of 15 per cent
Underlying profit, stripping out the BGI gain, was 5.6 bn pounds, up from 1.6 bn in 2008
The RBI governor Duvvuri Subbarao also said that the large government borrowing influences monetary policy
India has drafted a plan on fuller capital account convertibility. This includes a 3-phase plan
Why investment bankers are cold to disinvestment
SBI was the trend-setter in teaser rates. It offers the special home-loan at rates as low as 8% for the first year
Time, prosperity and short memories could allow Goldman Sachs Group Inc to slowly ratchet up bonuses for its top executives, but analysts believe the days of mega payouts are probably gone for good
UBS will pay about 2.9 billion Swiss francs ($2.7 billion) in cash bonuses for 2009, up about a third from depressed payouts a year earlier
