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Islamic State opens bank, moves towards statehood

Any attempt to defang Islamic State must first cut off its main sources of funding, says Sandhya Jain. In a bid to legitimise its existence as a new State carved out of vast swathes of territories......

Heavy rains leaves Kashmir reeling, but no flood threat

  A shop owner salvage his shop items from his submerged shop. All photographs: Umar Ganie/Rediff Incessant rains since Saturday evening have triggered panic and fears of fresh floods in......

Hashimpura acquittals: Why is the Samajwadi Party silent?

The ruling Samajwadi Party’s continued silence on last week’s acquittal of 16 policemen, pointedly accused of the cold-blooded murder of 42 Muslims in Meerut in 1987 has intrigued all......

Achche din: Modi, Satyarthi are 'world's greatest leaders'; Obama not

Prime Minister Narendra Modi and Nobel laureate Kailash Satyarthi have been named among the 50 greatest leaders in the world by Fortune magazine in its annual list of “extraordinary”......

Mufti's statements make Pandits wary of returning to the valley

'It is a matter of regret that the BJP and PDP refused to take the Pandits aboard in this government.' 'The present government is following a policy of soft secessionism.' Rashme Sehgal reports for......

SBI to buy residential properties of Air India in south Mumbai

Country's largest lender State Bank of India has received all necessary approvals to buy residential properties of cash-starved national carrier, Air India, in south Mumbai for Rs 90 crore (Rs 900......

Bank reforms positive but implementation a risk, says Fitch

The government's move to set up a Banks Board Bureau would improve corporate governance standards at 27 state-run banks, but lack of details would raise questions about their implementation,......

SBI sees 15% loan growth in FY16

State Bank of India (SBI), the country's largest lender, expects credit growth to accelerate in the year beginning in April to as much as 15 per cent, helped by firms seeking funds to bid for coal......

SBI to cut bad debt with huge online property auction

India's largest bank, the State Bank of India (SBI), will hold a record online auction this weekend to sell repossessed flats, warehouses and offices worth a total of nearly $200 million as the......

Banks to wait till Apr 7 before cutting rates: BoI

State-owned Bank of India on Wednesday said banks will wait till the next bi-monthly monetary policy review of the RBI on April 7 before cutting interest rates. "Coming April after seeing RBI......
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UBI asset clean-up strategy

State-run United Bank of India (UBI) will continue with its loan recovery initiative as it aims to bring down its gross non-performing assets... ...

http://www.telegraphindia.com/1150330/jsp/business/story_11522.jsp
'SBI set to buy AI's residential properties in Mumbai'

Country's largest lender State Bank of India has received all necessary approvals to buy residential properties of cash-starved national carrier,... ...

http://www.moneycontrol.com/news/business/sbi-set-to-buy-ais-residential-propertiesmumbai_1343211.html
Union Bank defers Rs 1,386cr QIP issue to next fiscal

State-owned Union Bank of India has deferred its plan to raise Rs 1,386 crore fund through qualified institutional placement (QIP) to the next... ...

http://www.moneycontrol.com/news/business/union-bank-defers-rs-1386cr-qip-issue-to-next-fiscal_1343019.html
Heavy rains leaves Kashmir reeling, but no flood threat

  A shop owner salvage his shop items from his submerged shop. All photographs: Umar Ganie/Rediff Incessant rains since Saturday evening have... ...

http://www.rediff.com/news/report/pix-heavy-rains-leaves-kashmir-reeling-but-no-flood-threat/20150329.htm
Finance ministry asks banks to deposit March TDS by month end

Worried over the shortfall in the overall direct tax collection kitty, the government has asked banks, both public and private, to not delay... ...

http://timesofindia.feedsportal.com/c/33039/f/533919/s/44e85e8c/sc/24/l/0Ltimesofindia0Bindiatimes0N0Cbusiness0Cindia0Ebusiness0CTax0Eshortfall0EFinance0Eministry0Easks0Ebanks0Eto0Edeposit0EMarch0ETDS0Eby0Emonth0Eend0Carticleshow0C467360A280Bcms/story01.htm

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