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Over Rs 8 lakh stolen from Axis Bank ATM in P...
Panchkula :: India | 8 months ago
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Over Rs 8 lakh stolen from Axis Bank ATM in Panchkula '+google_ads[i].line2 +' '+google_ads[i].line3 + ' A theft of over Rs 8 lakh was reported at an Axis Bank ATM in Sector 12-A, Panchkula, on Sunday morning. As per a police officer, the matter was
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SBI tops ATM expansion in non-metro cities
New Delhi :: India | 8 months ago
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While the SBI has 5783 ATMs in metro cities, the cash dispensing machines in urban centres other than metro cities are 7511 and 6419 in semi-urban areas...Overall, the private sector banks, led by Axis Bank have gone about expanding their network
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Barclays to shut 3 branches in India, cut jobs: Report
Mumbai :: India | 8 months ago
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Barclays will shut three of its nine bank branches in India by end of this month, two sources with direct knowledge of the development said on Tuesday, as the British bank reduces its retail banking operations in the country. Britain's fourth-largest
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Brokers' Call: Infosys, Federal Bank
Mumbai :: India | 8 months ago
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Barclays Neutral on Infosys Barclays has recommended a 'Neutral' rating on Infosys and set a target price of Rs 2,300. Infosys' investments into a non-linear business model, its ongoing creation of an IP portfolio and its aggressive five-year revenue
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Why are banks caught in a cleft
Mumbai :: India | 8 months ago
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I t's certainly not a good time to be a banker, says the chief executive of a private sector bank. While he claims the bank is comfortable with the quality of loans it disbursed to stressed sectors, fears of something going wrong often give him
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Kutchi¿½s i¿½dirty dozeni¿½ still at large
Mumbai :: India | 8 months ago
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Six days after a cheating complaint was filed, the dirty dozen' who siphoned off Rs 2.93 crore from various banks in Kutch district remain at large...Ltd, which handles cash refilling in automatic teller machines (ATM)s for several banks, had filed a
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Banks see slowest growth in a decade
Mumbai :: India | 8 months ago
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B anks' loans are set to grow at the slowest pace in a decade this financial year, as companies continue to shy away from borrowing in the current uncertain macro-economic environment. Banks' year-on-year credit growth had dipped below 17 per cent in
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Axis Bank chief presages 25% rise in bad loans
Mumbai :: India | 8 months ago
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Axis Bank is expecting a higher-than -predicted stress on its asset quality during the financial year, due to the alleged Deccan Chronicle fraud coupled with a large and ailing corporate book, analysts said. According to Shikha Sharma, managing
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ATM filler staffers under lens for ?fraud?
Gāndhīdham :: India | 8 months ago
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ATM filler staffers under lens for fraud '+google_ads[i].line2 +' '+google_ads[i].line3 + ' Employees of an ATM filler company have come under scanner for allegedly misappropriating nearly Rs 3 crore of four banks in Gandhidham of Kutch district...
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Indian Bank may bring FPO next fiscal
New Delhi :: India | 8 months ago
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Indian Bank may come out with a follow-on public offer (FPO) next fiscal if market conditions improve, a top official said. "We do not require capital immediately...we may go in for FPO in the next fiscal (2013-14)," the state-owned bank's Chairman
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