Icra retains top safety rating to Wipro's Rs 100 crore CP
Icra on Friday reaffirmed the highest safety rating of `A1' to the Rs 100 crore commercial paper programme of Wipro Ltd. The company has diverse interests in software, hardware, consumer care and lighting and fluid power.

CD ratio in east India below average, says SBI official
The credit deposit ratio of commercial banks in eastern India was as low as 32% in comparison to the all India figure of 57%, the general manager (commercial) of State Bank of India RP Pant said on Friday.

Federal Insurance plans to beef up deposit insurance for retail investors
The Federal Deposit Insurance Corp released a report on plans to update the banking-insurance program, including a controversial proposal to double a bank's maximum coverage to $2,00,000 per depositor.


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  Market round-up
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  Giving Amex access to MasterCard bank network to hit its business, says CEO
  Gujarat to tighten laws for NBFCs
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  Briefing
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  Insider trading norms to cover MFs, FIs, banks
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  Executive briefing