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BSE in process of completing IPO formalities

Last Updated: Friday, November 29, 2013, 15:41

Leading stock exchange BSE Friday said it is in the process of completing formalities for its initial public offering (IPO).

Automatic tax info exchange to hurt fund flows: Swiss banks

Last Updated: Sunday, November 24, 2013, 13:39

All Swiss banks put together managed assets totalling 5.57 trillion Swiss francs (over Rs 383 lakh crore) at the end of 2012, out of which 51 percent came from abroad, after an increase of over six percent during the year.

Fannie Mae sues 9 giant banks over Libor losses

Last Updated: Friday, November 01, 2013, 11:54

Fannie Mae Thursday sued nine giant banks plus the British Bankers Association over some USD 800 million in losses due to alleged rate-rigging manipulation in the latest fallout from the Libor scandal.

Europe set to allow banker bonus cap to hit 250 percent of salary

Last Updated: Thursday, October 24, 2013, 10:56

The European Banking Authority issued a consultation document on Wednesday detailing aspects of a "discount rate" that banks can apply under the European Union`s new bonus rules.

FM to meet bankers soon on need to lower rates

Last Updated: Thursday, October 03, 2013, 19:35

Finance Minister P Chidambaram will soon meet heads of public sector banks to impress upon them the need to lower interest rates in select sectors, including auto, to boost demand and promote sagging growth.

CIL examining proposals to acquire mines abroad

Last Updated: Thursday, September 19, 2013, 21:25

State-owned Coal India Ltd (CIL) is examining a number of proposals it has received in response to the bids it invited from bankers and interested parties for acquiring assets abroad.

Rupee's free fall: FM meets top bankers to shore up fund inflows

Last Updated: Saturday, August 24, 2013, 14:42

Finance Minister P Chidambaram on Saturday held a closed-door meeting here with top bankers to take stock of the situation in the wake of rupee volatility and ways to shore up foreign capital to bridge the widening current account gap.

Rupee pain may force RBI to maintain status quo: Bankers

Last Updated: Sunday, July 28, 2013, 14:19

A rate cut to prop up sagging growth is unlikely when the Reserve Bank unveils the first quarter monetary policy review on July 30 as focus will be more on supporting the battered rupee, said bankers and economists.

G20 gets 'action plan' to fight tax avoidance

Last Updated: Friday, July 19, 2013, 23:35

The OECD presented G20 nations with a bold strategy on Friday to crack down on tax avoidance by corporate giants and the super rich, and so boost overstretched national budgets.

G20 seeks to chart recovery course amid choppy markets

Last Updated: Friday, July 19, 2013, 09:50

The world's economic crisis response team will grapple with the prospect of more market volatility on Friday as finance ministers and central bankers gather in Moscow to chart a course towards recovery.

Bankers hope RBI steps will reverse after rupee stability

Last Updated: Tuesday, July 16, 2013, 15:10

Bankers on Tuesday said the liquidity tightening measures announced by the RBI are temporary and hoped they will be rolled back once the rupee stabilises.

FM meets bankers, industrialists in B'lore, H'bad

Last Updated: Tuesday, May 14, 2013, 16:02

Finance Minister P Chidambaram on Tuesday met senior bankers and top industrialists here to thrash out the issues that have stalled a large number of projects across the country on various counts.