Despite the rupee weakening to a four-month low, currency experts believe the depreciation is temporary and attributed it to global factors. They... ...http://www.smartinvestor.in/market/Marketnews-256879-Marketnewsdet-Rupee_down_but_Street_thinks_its_temporary.htm
Saddled with over 10 per cent gross non-performing assets, United Bank of India scripted a turnaround in the fourth quarter of 2013-14 by reporting... ...http://www.moneycontrol.com/news/business/idbi-bank-plans-to-open-600-new-branches-this-year_1143367.html
The government is likely to start selling its stake in public sector banks (PSBs) in November. It is also expected State Bank of India (SBI),... ...http://www.rediff.com/money/report/govt-may-start-diluting-stake-in-public-banks-in-november/20140801.htm
Sandhu said the merger between the ailing United Bank of India and IDBI Bank was a suggestion, and that United Bank could be a candidate for merger... ...http://www.moneycontrol.com/news/business/no-definite-plans-for-mergerpsu-banks-banking-secy_1143163.html
Foreign exchange reserves of Reserve Bank of India (RBI) may breach record high of $321 billion scaled in January 2012 as the central bank... ...http://www.dnaindia.com/money/report-forex-kitty-may-breach-record-on-rbi-s-dollar-buy-2006503
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