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  • bank credit deposit fall steeply in march quarter rbi

    Bank credit, deposit fall steeply in march quarter: RBI

    June 23, 2015 7:08 IST

    Mumbai: Bank credit grew at a slower rate of 9.8 per cent and deposit growth rate slowed down to 10.7 per cent in the March quarter, says RBI data.Both credit and deposit had recorded a

  • cji pitches for financial autonomy to judiciary in spending

    CJI pitches for financial autonomy to judiciary in spending allocated funds

    India | April 05, 2015 16:05 IST

    New Delhi: Chief Justice of India H L Dattu today emphasised the need for continuous "institutional dialogue" and "coordinated effort" among legislature, executive and judiciary to resolve issues related to delivery of justice including the

  • 25 banks lost rs 12 620 crore to fraudsters in last four

    25 banks lost Rs 12,620 crore to fraudsters in last four years

    India | March 27, 2015 11:40 IST

    New Delhi: According to the new documents obtained from the finance ministry, twenty five nationalized banks have lost Rs 12, 620 crore in last four financial years.The documents revealed that there have been 4,845 cases

  • rs one crore financial assistance to family of crpf jawan

    Rs one crore financial assistance to family of CRPF Jawan

    Politics | February 26, 2015 19:33 IST

    New Delhi: Delhi Chief Minister Arvind Kejriwal today announced Rs one crore financial assistance to the family of CRPF Jawan Narottam Das who was killed in a Maoist attack in Bihar.Kejriwal along with deputy chief

  • pm modi approves rs. 426.83 crore for j k flood relief

    PM Modi approves Rs. 426.83 crore for J&K flood relief

    India | February 26, 2015 7:13 IST

    Jammu: Prime Minister Narendra Modi Wednesday approved financial aid of Rs.426.83 crore from his relief fund for assistance to the owners of severely and partially damaged houses during last year's devastating floods in Jammu and

  • arab oil funds helping islamic state fight war

    'Arab oil funds helping Islamic State fight war'

    World | February 22, 2015 18:04 IST

    London: The Sunni jihadi group Islamic State (IS), which controls large territories in Iraq and Syria has been getting financial support from oil-rich Arab sympathisers outside those two countries, a media report said Sunday.Rich private

  • no financial crisis in gita press

    No financial crisis in Gita Press

    India | February 09, 2015 22:57 IST

    Varanasi: The famous Gorakhpur-based publication house, Gita Press, today scoffed “rumours” that it was on the verge of shut down and cautioned people against giving donations to any person or entity on its name.  “Rumours

  • hp cm rules out creation of new districts

    HP CM rules out creation of new districts

    Politics | December 30, 2014 10:38 IST

    Shimla: Chief Minister Virbhadra Singh yesterday ruled out the creation of new districts in Himachal Pradesh and said that he was not in favour of further division of Kangra, the biggest district in the state. “Creation

  • financial tech sells 1.65 lakh mcx sx shares to jhunjhunwala

    Financial Tech sells 1.65 lakh MCX-SX shares to Jhunjhunwala

    December 09, 2014 11:38 IST

    New Delhi: Financial Technologies India Ltd (FTIL) on said it has sold an additional 1.65 lakh shares in stock exchange MCX-SX to ace investor Rakesh Jhunjhunwala for Rs 2.47 lakh, thereby completely exiting the bourse.Last

  • indian railways not following own rules and regulations

    Indian Railways not following own rules and regulations laid down in financial code: CAG

    India | November 29, 2014 9:02 IST

    New Delhi: Indian Railways has come in for scathing criticism over "lack of financial discipline" from the Comptroller and Auditor General of India (CAG) which said it is not following its own rules and regulations

  • rbi warns public against financial frauds in its name

    RBI warns public against financial frauds in its name

    November 23, 2014 8:06 IST

    Mumbai: Warning the general public about credit card frauds in the name of Reserve Bank of India (RBI), the central bank has said it does not carry out business with individuals and falling prey to

  • choke financial support to is says russia

    Choke financial support to IS, says Russia

    World | November 22, 2014 6:22 IST

    Moscow: The supply of funds for the terrorist group Islamic State (IS) must be cut off, Russian Deputy Foreign Minister Mikhail Bogdanov said on Friday."Financial flows to the IS must be cut off through approaches

  • financial tech signs pact to sell mauritius based bourse

    Financial Tech signs pact to sell Mauritius-based bourse for Rs 250 cr

    November 18, 2014 10:24 IST

    New Delhi: Financial Technologies (India) Ltd (FTIL) on Monday said it has signed a pact to sell its Mauritius-based exchange for $40.5 million (about Rs 250 crore) to Continental Africa Holdings Ltd.FTIL decided to exit

  • chelsea announce 18.4 million pounds annual profit

    Chelsea announce 18.4 million pounds annual profit

    Football | November 14, 2014 14:48 IST

    London: English Premier League football club Chelsea FC Friday announced a profit of 18.4 million pounds, their second in three years, and a record turnover of 319.8 million pounds for the year ended June 30,

  • financial tech in pact to exit iex by selling stake for rs

    Financial Tech in pact to exit IEX by selling stake for rs 576 crore

    November 06, 2014 11:45 IST

    New Delhi: Financial Technologies India Ltd (FTIL) said on Wednesday that it will fully exit IEX by selling its entire stake to a clutch of investors for Rs. 576.84 crore."FTIL today, entered into a Share

  • hsbc sets aside 378 million for fine over forex scandal

    HSBC sets aside $378 million for fine over forex scandal

    November 04, 2014 9:40 IST

    London: HSBC bank yesterday set aside USD 378 million for a potential fine in Britain to settle allegations of foreign exchange market rigging, as it posted mixed third-quarter earnings.The Asia-focused lender said in a results

  • financial technologies shares hit new low bounce back

    Financial Technologies shares hit new low, bounce back

    October 22, 2014 17:12 IST

    New Delhi: Financial Technologies India Ltd (FTIL) stocks slumped to their lowest trading permissible limit for the day but bounced back soon and rallied by over 9 per cent in a heavily volatile afternoon trade

  • india post suited to be payment bank financial services

    India Post suited to be payment bank: Financial Services Secretary

    September 29, 2014 23:25 IST

    Mumbai: Lack of credit disbursing experience makes the postal department with its vast network of offices around the country better suited to be run as a payment bank and not as a full-fledged universal bank,

  • j k floods maharashtra cm announces rs 10 crore aid

    J-K floods: Maharashtra CM announces Rs 10 crore aid

    India | September 09, 2014 17:58 IST

    Mumbai: Maharashtra Chief Minister Prithviraj Chavan today announced an aid of Rs 10 crore from the chief minister's relief fund for the rescue and relief of Jammu and Kashmir flood victims. “Chavan has announced an aid

  • karnataka cm launches pmjdy says fin inclusion idea not new

    Karnataka CM launches PMJDY; says fin inclusion idea not new

    India | August 28, 2014 21:07 IST

    Bangalore: Launching the Pradhan Mantri Jan Dhan Yojna (PMJDY) in Karnataka, state's Chief Minister Siddaramaiah today said the idea of financial inclusion is not new and there is a need to create an environment for