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Articles 321 through 420 of 500:
- Jermyn Order (Indian Express, Sucheta Dalal, Sep 14, 2006)
Now that the Securities Appellate Tribunal has upheld the regulator's view that Jermyn Capital is 'not a fit and proper' person in the context of India's capital market, it raises questions about the inaction by other regulators and . . .
- Factor This In (The Financial Express, Editorial, Financial Express, Sep 14, 2006)
Innovative funding for SMEs needs legislation
- External Debt Buoys To $125 B (Deccan Herald, Correspondent or Reporter, Sep 12, 2006)
India’s external debt has ballooned to $125.2 billion as on March 31, 2006 compared to $123.2 billion in the previous fiscal.
- Sbi Reduces Interest Rates On Housing Loans (Hindu, Correspondent or Reporter, Sep 10, 2006)
It is for a limited period as part of festive season
- Search For A Silver Lining (Hindu, Correspondent or Reporter, Sep 10, 2006)
The art of weaving and warping silver by hand is slowly dying for want of support.
- Stick To Contracts: Even If You Don't Like It (The Economic Times, Editorial, Economic Times, Sep 02, 2006)
The government’s decision to return Sterlite’s payment for the government’s 49% stake in Balco has potentially far reaching implications for India’s investment climate.
- Retired Sbi Employee, Was Awaiting His Fourth Grandchild (Indian Express, LEKHA AGARWAL, Sep 02, 2006)
Living at his elder daughter Prabha’s house in Goregaon as his wife Lakshmi was away, Krishnan used the opportunity to do what he loved doing — spoil his grandchildren, nine-year-old Akshay and five-year-old twins Abhishek and Ashwin.
- Sbi Plea To Beneficiaries Of Schemes (Hindu, Correspondent or Reporter, Sep 01, 2006)
Chief Manager of the State Bank of India Moturi Marx requested the beneficiaries of various schemes to repay their debts on time so as to facilitate the bank in extending loan facility to others.
- Change Needed (Business Standard, Editorial, Business Standard, Sep 01, 2006)
The annual report of the Reserve Bank makes two points that have policy implications.
- No Witch-Hunt Please: Bad Decisions Don’T Prove Corruption (The Economic Times, Editorial, Economic Times, Sep 01, 2006)
The CBI’s decision to chargesheet 32 persons, including the former managing director of SBI Mutual Fund and some fund managers who have gone on to high profile jobs in private MFs, has created consternation in industry circles.
- Rbi Rings Alarm Bells On Govt’S Sez Policy (Indian Express, Correspondent or Reporter, Aug 31, 2006)
With the mushrooming of special economic zones across the country, the Reserve Bank of India (RBI) has cautioned the government on the revenue implications that could arise from such zones.
- Trade At Nathu-La Limps (Deccan Herald, Prasanta Paul, Aug 30, 2006)
'A dawn of economic prosperity awaits Sikkim-India-China: Border trade reopens’ read huge billboards as one drives across the 56-kilometre Gangtok-Nathu-La newly-carpeted road, the ancient silk route that cuts through mountain ranges and gorges . . .
- Fund Managers In Cbi Net Over 2001 Market Scam (The Economic Times, Correspondent or Reporter, Aug 29, 2006)
The Central Bureau of Investigation (CBI) has named Mr Niamatullah, the former managing director of SBI Mutual Fund (SBI) and 32 others in the charge-sheet filed before the sessions court in the case related to the purchase of Padmini Technologies . . .
- Sbicaps Launches $100 M Vcf (Hindu, Correspondent or Reporter, Aug 29, 2006)
SBI Capital Markets Limited (SBICAP), the investment banking subsidiary of State Bank of India (SBI), and Softbank Investment, the venture capital arm of Japan's SBI Holdings Inc, on Monday announced their plans to launch a new $100 million venture . . .
- Who’S To Blame? (The Financial Express, Editorial, Financial Express, Aug 28, 2006)
It is seven months since one of the two MDs of the country’s largest bank, State Bank of India, retired.
- Spurt In Sbi Scrips Sees Sensex Soar (Deccan Herald, Correspondent or Reporter, Aug 26, 2006)
Led by a sharp rise in banking major, State Bank of India (SBI), the Bombay Stock Exchange’s (BSE) Sensex, on Friday, improved further by another 40 points to close at 11,572.20, despite heavy pull-out by foreign funds from derivatives segment.
- Directed Banking (Business Line, Correspondent or Reporter, Aug 26, 2006)
The Finance Ministry and the RBI will continue to revel in their two-in-one role while reducing the public stakeholders to ball boys.
- Bankex, Small-Cap Indices Post Major Gains (Business Line, Correspondent or Reporter, Aug 26, 2006)
Markets opened on a strong note on Friday and remained firm throughout the day.
- Sbi Rises 3.39 Pc On Cabinet Approval To Act Changes (Business Line, Our Bureau, Business line, Aug 26, 2006)
Shares of State Bank of India (SBI), the country's largest commercial bank, rose by 3.39 per cent on Friday to close at Rs 903.75, the highest in more than three months, after the Union Cabinet gave approval to amendments to the SBI Act.
- Sbi In Limelight, Helps Sensex To Gain By Another 40 Pts (Press Trust of India, Correspondent or Reporter, Aug 26, 2006)
Led by a sharp rise in banking major, State Bank of India (SBI), the Bombay Stock Exchange (BSE) Sensex improved further by another 40 points to close at 11,572.20, despite heavy pull-out by foreign funds from derivatives segment.
- Cabinet Paves Way For Sbi (Times of India, Correspondent or Reporter, Aug 26, 2006)
Union cabinet on Thursday amended the SBI Act to enable the country's largest bank to raise additional Rs 8,000 crore equity capital.
- Sbi Rejig Sets Stage For Rbi Stake Sale To Govt (Indian Express, Correspondent or Reporter, Aug 26, 2006)
A day after the Union Cabinet cleared a proposal allowing the State Bank of India (SBI) to access the market — enabling the Reserve Bank of India (RBI) to cut its stake in SBI from 59.73% to 51% — shares of the largest commercial bank in the country shot
- Sensex Up By 103 Points (The Financial Express, Correspondent or Reporter, Aug 25, 2006)
The Bombay Stock Exchange benchmark Sensex gained over 103 points on Friday in early trade, on heavy buying by funds in frontline stocks.
- Sbi Can Access Capital Market To Raise Funds (Deccan Herald, Correspondent or Reporter, Aug 25, 2006)
In a significant decision, the Union Cabinet on Thursday night approved the proposal to allow the State Bank of India (SBI) to access capital market for raising funds.
- Cabinet To Discuss Amendments To Sbi Act (Pioneer, Bhagyashree Pande, Aug 24, 2006)
The Cabinet Committee on Economic Affairs(CCEA) is going to discuss the amendment to the SBI Act 1955 on Thursday.
- Snapshots (Pioneer, Correspondent or Reporter, Aug 22, 2006)
State Bank of India said on Monday it is not planning to hike home loan rates in the near future, but admitted that there is pressure on these interest rates.
- A Ringside View Of Indian Banking (Hindu, C. R. L. Narasimhan, Aug 21, 2006)
Kakodkar narrates how successfully State Bank of India managers could adapt to serve the larger interests of the economy
"My 40 years with the SBI'' is, above all, a ringside view of the transformation of Imperial bank of India into State Bank of . . .
- Jkp's Si, Crpf's Hc Gunned Down (Daily Excelsior, Correspondent or Reporter, Aug 18, 2006)
After serial blasts of April 14th and July 11th, militants today struck on J&K Police and CRPF personnel at three places in this capital city with silencer-fitted pistols, killing two of them and leaving two more wounded. Meanwhile, suspected . . .
- Andhra Bank, Icici Bank Lead In Npa Cut: Study (Hindu, Correspondent or Reporter, Aug 17, 2006)
Improved assets quality contributed to impressive bottom-line
- 'Obscene Calls' To Customer Puts Sbi In Dock (The Financial Express, Correspondent or Reporter, Aug 17, 2006)
The State Bank of India credit cards division has been ordered by a city consumer court to compensate its customer for making ‘obscene calls and sending false bills’ demanding payment even after she had finally settled all outstanding dues.
- Sbi Cards Told To Pay Damages For "Obscene Calls" To Customer (New Indian Express, Correspondent or Reporter, Aug 17, 2006)
The State Bank of India credit cards division has been ordered by a city consumer court to compensate its customer for making "obscene calls and sending false bills" demanding payment even after she had finally settled all outstanding dues.
- Revisiting The Eighties (Business Line, S. Venkitaramanan , Aug 14, 2006)
A piece of economic history
- Pnb Sticks To Rate Hike Stand (Telegraph, Correspondent or Reporter, Aug 13, 2006)
Punjab National Bank (PNB) hasn’t buckled: the board of directors of the state-owned bank today approved the 25 basis point hike in the benchmark prime lending rate (BPLR) to 11.5 per cent that was announced on August 1.
- Grenade Attack On Army Picket In Doda (Press Trust of India, Correspondent or Reporter, Aug 13, 2006)
Militants today made an abortive bid to target an army picket in Doda district by hurling a grenade at it.
- Sbi Goes To China; `Looking At It As A Long-Term Prospect' (Business Line, PALLAVI AIYAR, Aug 13, 2006)
Launches commercial banking operations in Shanghai
"We have been told that no other foreign bank has been able to secure meetings at such a high level. It shows how seriously they have begun to take India."
- Sensex Up By 87 Points In Early Trade (Press Trust of India, Correspondent or Reporter, Aug 11, 2006)
Continuing with its upward march, the Bombay Stock Exchange benchmark Sensex, rose by 87 points in early trade today, on sustained buying by funds and retail investors in select fundamentally strong counters.
- Sbi's First Full-Fledged Branch In China (Hindu, Correspondent or Reporter, Aug 10, 2006)
State Bank of India (SBI) on Wednesday became the first Indian bank to begin full-fledged opeartion in China by opening a branch here.
- Sbi Opens Operations In China (Deccan Herald, Correspondent or Reporter, Aug 10, 2006)
State Bank of India (SBI), on Wednesday launched it’s operations in China. It will be based in Shanghai, China's commercial hub.
- Sensex Gains 130 Pts On Pause In Us Rate Hike (Indian Express, Correspondent or Reporter, Aug 10, 2006)
Joining the bull rally in other Asian markets, Indian stocks rose by more than one per cent for the second day on Wednesday, a day after the US Federal Reserve decided to hold interest rates steady.
- Clash Of Interest (Business Line, Editorial, Business Line, Aug 09, 2006)
The banking system is caught between the Finance Ministry and the Reserve Bank of India.
- Interest Rates: Banks Take Up Rbi Signal (Hindu, C. R. L. Narasimhan, Aug 07, 2006)
But intriguing Government directive to PSBs may slow upward trend
The RBI's stance on interest rates has been justified on a number of counts. Non-food credit, money supply, and deposits have all been growing ahead of expectations.
- Impact On Growth (Deccan Herald, Prem Shankar Jha, Aug 07, 2006)
The FM’s moves seem as if the government wants to regain control over banks. But his advice to banks is right.
- Office Of Profit Bill Is Repulsive (Tribune, K.N. Bhat, Aug 06, 2006)
Legality apart, was the President of India justified in withholding his assent to the Bill that sought to protect about 46 sitting MPs holding offices of profit? The Bill has again been sent to the President for his assent — he can no longer refuse . . .
- Sbi To Install Atms At 681 Railway Stations (Deccan Herald, Correspondent or Reporter, Aug 05, 2006)
In a bid to attract the huge railway passenger market, Indian Railways and the State Bank of India on Friday teamed up to set up automatic teller machines (ATMs) at 681 railway stations across the country.
- Should The State Stay Put In Balco? (The Economic Times, Editorial, Economic Times, Aug 04, 2006)
The Balco disinvestment is embroiled in legal controversy once again. This time, unlike 2001, the government of India is arguing against the sale of its remaining 49% stake to its strategic partner, Sterlite Industries.
- Internet Failure At Sbi, J&k Bank Irks Customers (Daily Excelsior, Correspondent or Reporter, Aug 03, 2006)
Business activities at the State Bank of India (SBI) and Jammu and Kashmir Bank branches in the Kashmir valley today remained paralysed due to internet failure.
- Sbi Does A Yeoman`s Job For Vidarbha Farmers (Business Standard, Correspondent or Reporter, Aug 03, 2006)
State Bank of India (SBI) has embarked upon a unique project to educate and empower farmers in two talukas of Wardha district in the Vidarbha region.
- A Big Step, A Small Move (Business Standard, Editorial, Business Standard, Aug 03, 2006)
The incentive structure for public sector bank CEOs is welcome, but nowhere near enough.
- Price Of Power In Delhi (Frontline, AMAN SETHI, Aug 02, 2006)
Tribunal strikes down Delhi Electricity Regulatory Commission move to create "regulatory assets" and avoid a tariff hike.
- Sensex Emerges Positive Despite Intra-Day Losses (Deccan Herald, Correspondent or Reporter, Aug 01, 2006)
Despite surrendering a major part of the early gains, the Bombay Stock Exchange (BSE) benchmark index, Sensex, on Monday managed to close in positive terrain with a moderate rise of 63.65 points at 10,743.88, cutting short Friday’s brief downward . . .
- Cubbon Park Station Gets New Look (Deccan Herald, Correspondent or Reporter, Jul 30, 2006)
A new building to house the Cubbon Park Police Station was inaugurated on Saturday by former City Police Commissioner S Mariswamy.
- Sensex Ends Dream Run, Down 61 Pts At 10,680.23 (Asian Age, Correspondent or Reporter, Jul 30, 2006)
After a four-day dream run, the Sensex was down 61.36 points at 10,680.23 and the Nifty was down 25.35 points at 3130.80, while its Asian counterparts made good gains.
- Bank Staff Strike Over New Payment Service (Reuters, M.C. Govardhana Rangan, Jul 29, 2006)
Half a million workers at state-run banks stayed at home on Friday to protest against a planned electronic cheque-clearing system they fear will cost jobs, denting bond trade.
- Sbi Q1 Profits Fall 35% To Rs 799cr (Indian Express, Correspondent or Reporter, Jul 28, 2006)
Disappointing market estimates, State Bank of India, India’s largest commercial bank, posted a 35 per cent drop in quarterly earnings on Thursday following a rise in staff costs and taxes.
- Sensex Advances Further Triggered By Asian Markets (Deccan Herald, Correspondent or Reporter, Jul 28, 2006)
Strong global cues helped the stock markets advance higher for the fourth straight session on Thursday with the benchmark index gaining another 124 points on hectic short-covering amid a flow of encouraging corporate news.
- Sbi Net Slides 35% On Swollen 2005-06 Base (Business Standard, Correspondent or Reporter, Jul 28, 2006)
Lower treasury income and higher staff cost have pulled down the April-June quarter net profit of country’s largest commercial bank, the State Bank of India, by 34.70 per cent to Rs 798.57 crore against Rs 1,222.83 crore in the corresponding quarter . . .
- Lower Treasury Income Drags Down Sbi Q1 Net (Business Line, Our Bureau, Business line, Jul 28, 2006)
Profit falls 35 pc to Rs 798.5 cr; staff costs rise to Rs 1,924 cr
- Bank Staff Stage Dharna, Call For Withdrawal Of Rbi Circular (Hindu, Correspondent or Reporter, Jul 26, 2006)
The circular seeks to outsource basic banking services to private agencies
One-day bank strike called on July 28
Move to outsource banking services will threaten customers' security, says AIBEA
- Protest Against Rbi Move To Outsource Banking Services (Hindu, Correspondent or Reporter, Jul 26, 2006)
Agitators fear that it will lead to retrenchment of employees
- Sensex Gains Led By Banking Sector (Deccan Herald, Correspondent or Reporter, Jul 25, 2006)
Expectations of a 25 basis point hike in interest rates and a proposed rights issue by State Bank of India (SBI) dispelled early bearishness and the stock market benchmark, Sensex, on Monday ended 129 points up at 10,215.37.
- Sbi To Raise Rs 3,000 Cr (Deccan Herald, Correspondent or Reporter, Jul 25, 2006)
State Bank of India (SBI) which has been awaiting response of the finance ministry on its prayer to go for a rights issue, will be raising close to Rs 3,000 crore in the present fiscal through hybrid bonds and the Tier II route, bank’s Managing . . .
- Sensex Jumps 129 Points (Hindu, Correspondent or Reporter, Jul 25, 2006)
Expectations of a 25 basis point hike in interest rates and a proposed rights issue by State Bank of India (SBI) dispelled early bearishness and the stock market benchmark, Sensex, closed 129 points up at 10215.37 on Monday.
- Some Little Big Policies (Business Standard, Surjit S Bhalla, Jul 22, 2006)
A big-ticket reform idea: let the salary of a professor be delinked from that of the Dilli ka babu.
- Nasscom Plans 3 More Cyber Labs (Business Line, Correspondent or Reporter, Jul 21, 2006)
To provide training to cops investigating cyber crimes
- Sensex Falls 66 Pts On Oil, Rupee Worries (Indian Express, Correspondent or Reporter, Jul 19, 2006)
The benchmark Sensex fell another 66 points on Tuesday as high oil prices pushed the rupee to its lowest level in more than three years, triggering worries this may slow down foreign fund investments.
- A Route To Trade? (Deccan Herald, Editorial, The Deccan Herald, Jul 18, 2006)
Re-opening the Nathu la Pass is high on political symbolism rather than promotion of business interests
- Horns Of A Dilemma (The Economic Times, Editorial, Economic Times, Jul 18, 2006)
Corporate might be one movie that has won appreciation from the likes of IIM-Ahmedabad’s director Bakul Dholakia but many sections of India Inc are upset about presentation of corporate houses as ‘ruthless’ organisations focusing only on profits and . . .
- The Right Distance (Telegraph, Editorial, The Telegraph, Jul 18, 2006)
We have superstitions about reform.
- The Right Distance (Telegraph, S.L. Rao, Jul 17, 2006)
We have superstitions about reform. If one is violated, people say reforms have stopped. An important measure of the commitment of an Indian government to reforms for the chambers and analysts is privatization and disinvestment.
- Sbi Feat In Sale Of Insurance Policies (Hindu, Correspondent or Reporter, Jul 17, 2006)
Mops up over Rs. 8 crore within two months
- Bank Employees To Strike Work On July 28 (Hindu, Correspondent or Reporter, Jul 16, 2006)
The Bank Employees Federation of India (BEFI) has decided to join the national bank strike on July 28 to press its demands.
- Business In Sbi Remains Paralysed Due To Internet Failure ....... (Daily Excelsior, Correspondent or Reporter, Jul 15, 2006)
Business activities in the State Bank of India (SBI) branches in the Kashmir valley today remained paralysed due to internet failure.
- Of Undying Friendship (Telegraph, Sunanda K. Datta-Ray, Jul 15, 2006)
Roads and railways are the sinews of empire.
- Leveraging India Post's Strength (Business Line, R. Vaidyanathan, Jul 13, 2006)
The strengths of India Post are its long tradition of handling financial services, its wide reach among the mass market and its credibility and trust, says R. VAIDYANATHAN, arguing that more flexibility and autonomy can help the behemoth provide the . . .
- Sib Declares 18 P.C. Dividend (Hindu, Correspondent or Reporter, Jul 12, 2006)
South Indian Bank (SIB) has declared a dividend of 18 per cent for 2005-06. A release said the bank has posted a net profit of Rs. 50.90 crorethis fiscal . . .
- Sbi Chief Says No To Overseas Buys (Business Standard, Correspondent or Reporter, Jul 11, 2006)
The State Bank of India will not scout for fresh overseas acquisitions for the time being.
- Poverty In Pakistan (News International, Editorial, The News International, Jul 10, 2006)
Poverty is an ethical concept, not a statistical one. Inherent in the term “poverty”, when applied to human beings, is the notion of a life situation that should not exist. It is not only lack of roti, kapra aur makan—food, cloth and shelter.
- Sbi Reshuffles Top Brass Portfolios (Business Standard, Correspondent or Reporter, Jul 10, 2006)
A week after taking over as Chairman of State Bank of India (SBI), Om Prakash Bhatt has reshuffled the portfolios of the top brass of the country’s largest commercial bank.
- Ongc-Mittal To Invest $6 Bn In Nigeria (Business Standard, Correspondent or Reporter, Jul 08, 2006)
The ONGC-Mittal combine will invest more than $6 billion in setting up a refinery, power plant and railway lines in Nigeria.
- A Step Towards Privatisation Of Nalco (Frontline, V. Sridhar, Jul 08, 2006)
The government's decision to sell 10 per cent of its stake in Nalco meets with stiff resistance in Orissa.
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