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Archive for the 'Banking Sector' Category

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Oriental Bank of Commerce Removes NEFT Service Charges On Upto Rs. 1 Lakh Transactions

Oriental Bank Of Commerce OBC Logo

A good decision by the Oriental Bank of Commerce comes with getting rid of the service charges on all NEFT payments up to Rs 1 lakh on all its branches. This is definitely good news for their clients and will also encourage customers to adopt electronic mode whenever they do some payments. Today, with the […]


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SBI Reports Q4 Profits Of Rs 4,050.27 Crore; Announces Rs. 35 Dividend Per Share

India’s largest bank – State Bank of India has reported massive profit and net income figures for Q4 2012.The bank has clocked Rs. 33,959.54 crores in total revenue in Q4 and has reported a huge net profit to the tune of Rs. 4050.27 crores, which is almost a 2000% increase as compared to the Rs. […]


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HSBC To NOT Absorbs The Staff Of RBS

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An unknown source once said that HSBC had agreed to absorb the entire RBS staff. But now, the problem is that not everybody will be retained. It is also not clear how many possible will be filled. There is still not comment about this on part of the HSBC spokesperson. While on the other hand, […]


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Bank of India & Vijaya Bank Post High Profits!

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The fourth quarter of the last fiscal year was really a great quarter for Vijaya Bank. It had increased its net profit to about 234 percent. According to Mr H.S. Upendra Kamath, Chairman and Managing Director of Vijaya Bank said that the success of the bank was due to their increase in overall income while […]


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Vijaya Bank & Bank Of India Post Multi-Fold Revenue Increase In Q4

Bank of India Logo - BOI

The fourth quarter of the last fiscal year was really a great quarter for Vijaya Bank. It had increased its net profit to about 234 percent. According to Mr H.S. Upendra Kamath, Chairman and Managing Director of Vijaya Bank said that the success of the bank was due to their increase in overall income while […]


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Exim bank Net up by 15.6% in FY 2012; L & T Finance Q4 net jumps by 45%

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Export Import bank of India reported profit at Rs.675 crore for the FY which ended on March 31 st 2012, 15.6% higher than the previous fiscal. Loan portfolio of development financial institution (DFI) increased to Rs.54, 530 crore during the same period. Bank also raised borrowings of different maturities aggregating for Rs.27, 630 crore in […]


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HSBC Bank is terminating employees – Slowdown?

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A recent study by the World Economic Forum and Deloitte Touche Tohmatsu revealed that an estimated ten million manufacturing jobs worldwide could not be field due to the lack of talent of people. Looking for jobs these days and being hired will be a matter of competition of talent. Though there are a lot of […]


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Central Bank of India To Hire 3000 People In Clerk & Probationary Officers Cadre

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The chairman and managing director of Central Bank of India MV Tanksale announced that they will be increasing their manpower by 8% this fiscal. They are planning to get their manpower in northeast India which is definitely good news for people there who needs a job. The bank will be hiring a total of 3,000 […]


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