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Dutch branding and design major Brand Dialogue is on a mission to change the BFSI sector

India Infoline News Service | Mumbai | November 21, 2014 19:10 IST

Can banks be cool? Dutch branding and design maestros say YES!

The Week That Was - November 17 to 21, 2014

India Infoline News Service | Mumbai | November 21, 2014 18:52 IST

The amalgamation is subject to the approval of the shareholders of Kotak and ING Vysya respectively, Reserve Bank of India under the Banking Regulation Act, the Competition Commission of India and such other regulatory approvals as may be required.

Chinese Central Bank cuts interest rates

India Infoline News Service | Mumbai | November 21, 2014 16:10 IST

Chinese Central Bank has reduced interest rates today.

ICICI Bank fixes record date for Stock Split

India Infoline News Service | Mumbai | November 21, 2014 13:56 IST

Further the Bank has also informed that, each American Depositary Share (ADS) of ICICI Bank will continue to represent two underlying equity shares as at present.

Big Bang Mergers in Indian Banking Industry

India Infoline News Service | Mumbai | November 21, 2014 13:50 IST

This marks the first merger in the banking industry since the recession set in 2008

Banking Newsletter - November 17 to 21, 2014

India Infoline News Service | Mumbai | November 21, 2014 11:45 IST

JM Financial announced today that it has received a significant capital investment in its real estate lending subsidiary company, FICS Consultancy Services Limited (FICS).

Kotak Mahindra Bank stock hits record high post merger announcement

India Infoline News Service | Mumbai | November 21, 2014 09:53 IST

The stock has hit a high of Rs1260 and a low of Rs1192.

JM Financial announces additional capital commitment to real estate lending subsidiary

India Infoline News Service | Mumbai | November 21, 2014 08:22 IST

The additional capital will enhance the real estate lending and financing business of JM Financial.

Kotak Mahindra Bank and ING Vysya Bank announce merger

India Infoline News Service | Mumbai | November 21, 2014 08:10 IST

Significant complementarity and growth potential drives merger. Compelling Revenue synergies. Share exchange ratio of 725 shares for 1,000 shares.

Kotak Mahindra Bank to merge with ING Vysya Bank

India Infoline News Service | Mumbai | November 20, 2014 18:04 IST

The board has approved the share swap ratio of 725 equity shares and of Rs 5/ each of Kotak Mahindra Bank for every 1000 equity shares of Rs10 each held in ING Vysya Bank.

Global growth is patchy but Foreign Investors showing interest in investing in India: FM

India Infoline News Service | Mumbai | November 20, 2014 17:51 IST

Jaitley said that the functioning of Public Sector Banks (PSBs) and the decision making process must be influenced by professional reasons and not collateral ones

Liberty Videocon announces Thermography inspection technique for its Insurance business clients

India Infoline News Service | Mumbai | November 20, 2014 15:11 IST

Infrared thermographic imaging risk assessment is potentially the single most important preventive measure for untimely shutdown of electrical distribution equipment and primary mechanical systems.

Standard Chartered launches 100th branch in India

India Infoline News Service | Mumbai | November 20, 2014 12:30 IST

The Bank has deepened its presence in Uttar Pradesh by launching a full-service branch in Nakatia in Bareilly District where it will offer a wide-ranging suite of products and services.

FM asked PSU banks for proactive support for pending projects

India Infoline News Service | Mumbai | November 20, 2014 11:54 IST

Report said that FM has discussed state of markets with PSU banks.

ICI reports estimated long term mutual fund flows

India Infoline News Service | Mumbai | November 20, 2014 11:46 IST

Actual net new cash flows are collected on a monthly basis and are reported in ICI's "Trends in Mutual Fund Investing";

Rupee slumps to nine-month low

India Infoline News Service | Mumbai | November 20, 2014 11:26 IST

The rupee slipped to 62.22 per dollar on Thursday, its lowest since February 20, 2014.

Dept of Financial Services to Review Quarterly performance of Public Sector Banks

India Infoline News Service | Mumbai | November 20, 2014 08:34 IST

In the aforesaid meeting, performances of Public Sector Banks (PSBs) with regard to overall credit growth with particular reference to agriculture credit, MSE credit, housing loans, education loans, lending to minority communities and weaker sections of the society will be reviewed among others.

Rupee hits 8 1/2 month low

India Infoline News Service | Mumbai | November 19, 2014 17:31 IST

The rupee closed at 61.96/97 per dollar as compared to its previous close of 61.74/75

SGX welcomes Regal International Group to Mainboard

India Infoline News Service | Mumbai | November 19, 2014 16:03 IST

The listing follows the acquisition by Hisaka Holdings of the entire issued and paid-up share capital of Regal International for a consideration of S$127.3 million

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