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Currency Converter X - Online currency converter toolBank of India sees subdued growth on corporate loans

Fri, 27 Jan 2012 15:40:34 +0530 - State-run Bank of India sees subdued growth on corporate loans going forward, while rising debt restructuring by corporates is exerting stress on the bank's assets, executive director N. Seshadri said

Loan base down in first fortnight of Jan

Thu, 26 Jan 2012 00:41:00 +0530 - Outstanding loan dues in the banking system shrunk by Rs 11,167 crore in the first fortnight of January, in line with the fall in credit in the period. The loan portfolio of banks stood at Rs 43,

Mixed impact on banks of loan recast

Thu, 26 Jan 2012 00:41:00 +0530 - State-run lender Union Bank of India has reported a 66 per cent fall in net profit at Rs 197 crore, compared with Rs 579 crore in the same period of the previous financial year. The bank made

SBH launches gold purchase loan

Fri, 20 Jan 2012 00:40:00 +0530 - State Bank of Hyderabad (SBH) on Thursday launched a loan product for purchase of gold and gold ornaments that carries 13 per cent rate of interest and a general cap of Rs 15 lakh. In Arab spring,

Sistema's Indian phone unit raises $247 mln loan

Thu, 12 Jan 2012 13:06:17 +0530 - Russian conglomerate Sistema's Indian mobile phone unit said on Thursday it had raised a loan of 12.80 billion rupees through non-convertible debentures to fund its operations and repay maturing loan.