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Friday, July 20, 2007
 
 
 
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MONEY & BANKING
BoB targets Rs 3 lakh cr business
Bank of Baroda, as part of centenary year, 2007-08, has set a business volume target of Rs 3 lakh crore over the next three years. Full story
 

 
CorpBank cuts home loans rates by 25 bps
  Corporation Bank cut home loan rates by 25 basis points cross the board This is the first bank to cut rates on loans above Rs 20-lakh. Full story
 
RBI's forex return up at 3.9%
  International Monetary Fund had designated India as a creditor under its Financial Transaction Plan in February 2003, in terms of which India participated in the IMF's financial support to may countries. Full story
 
RBI eases derivative trading norms
  In a move to further deregulate the Indian equity derivatives market, the RBI has broadened the number of instruments for maintenance of collateral by foreign institutional investors undertaking derivatives transactions. Full story
 
Irda lists norms for closure of liaison offices in India
  The Insurance Regulatory and Development Authority has announced a set of norms for closure of liaison offices established in India by insurance companies registered outside India. Full story
 
OTHER MONEY & BANKING
Raheja, QBE insurance JV
Bond yields up ahead of auctions, Re at 40.3525/3625
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