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Madras HC: Performance in exam no basis to reject loan by banks (20 Sep 2008)
Madras High Court has ruled that the poor performance in a qualifying examination cannot be a ground for banks to reject educational loans.
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PWC: Lehman lawyers will be paid (18 Sep 2008)
The administrators of Lehman Brothers have sought to allay pay fears among the bank's legal team, promising that staff will be paid at the end of the month.
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CBI finally takes up SBI Dumariyaganj Fake Currency case (17 Sep 2008)
The Central Bureau of Investigation (CBI) at last took up the multi-crores State Bank of India (SBI) Dumariyaganj fake currency case in its hands.
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Clifford Chance completes Barclays'' £1bn Lehman purchase (17 Sep 2008)
Clifford Chance thrashed out the details of Barclays' acquisition of Lehman Brothers investment banking and capital markets arms for a consideration of £1bn.
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Lehman''s UK lawyers ''may not be paid'' (17 Sep 2008)
The 70 in-house lawyers at Lehman Brothers in the UK face a nervous wait today to find out whether or not they will be paid this month.
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SC issues notices to RBI (08 Sep 2008)
The Supreme Court issued notices to Reserve Bank of India and an NGO on a petition filed by HSBC bank challenging the judgement of National Consumer Commission holding that 38 % interest is exorbitant.
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Dr. D. Subbarao is the next RBI Governor (02 Sep 2008)
Dr. Duvuri Subbarao has been appointed as the next Governor of Reserve Bank of India. He will take charge of the new post after the present RBI Governor, Dr. Y.V. Reddy demits his office on 5th of this month.
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Study says bounced cheque cases clog Delhi courts (28 Jul 2008)
Clogging of magistrates&apos courts in Delhi by a load of as much as 55 per cent of cases of dishonoured cheques is leading to endemic delays in criminal trials in the country&aposs capital city, a study says.
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Union Government gave its approval to the amendments to State Bank of India ( Amendment) Bill, 2006 (24 Jul 2008)
Amendments to (i) the State Bank of India ( Amendment) Bill, 2006 introduced in the Lok Sabha on 18th December, 2006 ( ii) State Bank of India ( Subsidiary Banks) Act, 1959 consequent upon the transfer of the shares of the Reserve Bank to the Central Government.
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28 FDI proposals cleared (05 Jul 2008)
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on 24th June, 2008, Finance Minister, Shri P. Chidambaram has approved 28 Proposals of Foreign Direct Investment amounting approximately to Rs. 1327.7251 Crore. The proposals relate to Ministries/Departments, namely Chemicals & Petro-chemicals, Industrial Policy & Promotion, Information & Broadcasting, Urban Development, Tourism and Economic Affairs.
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