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FINANCIAL INSTITUTION NEWS

Govt to reject US Exim Bank plea for FI status

January 13, 2014 4:27 am

At present, the US Exim Bank has an exposure of $4.5 billion to Indian borrowers.

Trust's the keyword while choosing financial advisor

September 06, 2013 7:46 pm

Earning and managing money for wealth creation and capital protection are two different aspects.

LIC books Rs 21K crore profit from market

June 01, 2013 1:37 am

LIC is the largest financial institution in India with funds under management of over Rs 14 lakh cr.

SK Roy appointed LIC managing director

May 31, 2013 1:19 am

SK Roy,a senior executive director of Life Insurance Corporation (LIC),has been appointed as the managing director of the organisation

IFCI Q2 net profit down by 34 pc at Rs 131 cr

October 20, 2012 1:27 am

IFCI had profit after tax of Rs 198.26 crore in the same period last fiscal.

How not to become a tax offender

August 06, 2012 2:05 am

You may be wrong to assume that you will evade taxes and the authorities will not catch you.

Credit organisation for self-help groups to be launched soon

September 04, 2011 12:39 am

A credit organisation and financial institution for giving credit and subsidy to self-help groups will be launched soon,Finance Minister Pranab Mukherjee said.

IMFs women staffers want female boss at helm

May 25, 2011 1:34 am

As the International Monetary Fund prepares to replace its disgraced former chief,Dominique Strauss-Kahn,women employees have called for a female boss.

Loan taken to pay bribe money: CBI

April 27, 2011 2:24 am

Punching holes into Kalaignar TVs claims justifying Rs 200 crore transaction,CBI has said that the money paid to them was taken as loan from a financial institution at an interest rate higher than what Swan Telecom.