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Russian Bank Launches Rupee Accounts For Individuals
Russia's dominant lender on Wednesday said individuals could now open accounts in Indian rupees, expanding the range of foreign currencies available as Moscow strives to reduce dependency on the U.S. dollar and euro.
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Pakistan PM Hopeful Of Early Settlement With IMF To Unlock Foreign Loans
Pakistan Prime Minister Shehbaz Sharif on Friday expressed hope for an early agreement with the IMF to unlock the much-needed foreign loans, a day after the global lender announced its plan to send a staff mission to the cash-strapped nation.
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Voyager Gains Initial Court Approval for $1 Billion Binance Deal, Responds to National Security Concerns
Voyager, the bankrupt crypto lender on Tuesday said it had received initial court approval for the proposed sale of the firm's assets to Binance. The lender also said that it would address any issues that would lead the US Committee on Foreign Investment in the United States (CFIUS) to oppose the transaction, which it says will allow customers to r...
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Allow All Bank Employees To Commute By Suburban Trains: Unions To Uddhav Thackeray
Bank unions have written to Maharashtra Chief Minister Uddhav Thackeray to let employees of private, foreign and co-operative lenders commute by suburban trains, officials said on Friday.
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7 Indian IL&FS Employees Held Hostage In Ethiopia By Unpaid Staff: Report
The foreign ministry is investigating claims by expatriates in Ethiopia who say they are being held hostage by local staff that haven't been paid after the shadow lender Infrastructure Leasing and Financial Services Ltd. began defaulting on $12.6 billion in debt.
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PM Clears India's Stand As Maldives Worries About 'Loot' In Chinese Boom
As the new president of the Maldives took office on Saturday, declaring the state coffers to have been looted, he warned that the country was in financial difficulty after racking up debt with Chinese lenders in an infrastructure boom. Prime Minister Narendra Modi, the highest ranking foreign visitor at the ceremony held in a soccer stadium in the ...
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Relief For RCom! China Development Bank Withdraws Insolvency Petition
The biggest foreign lender to Reliance Communications withdraws petition seeking to drag the indebted telecoms carrier into insolvency.
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Greek Referendum Poll Shows Lead for 'No' Vote, But Narrowing
A majority of Greeks would vote No to the terms of a proposed bailout deal by foreign lenders but the lead narrowed significantly after banks were closed this week, according to an opinion poll published on today.
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Myanmar Grants First Licences to Foreign Banks in Decades
Myanmar's central bank on Wednesday announced that it had granted "preliminary approval" for nine foreign lenders to operate in the country for the first time in decades, the latest tentative opening of the long-isolated economy.
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Russian Bank Launches Rupee Accounts For Individuals
Russia's dominant lender on Wednesday said individuals could now open accounts in Indian rupees, expanding the range of foreign currencies available as Moscow strives to reduce dependency on the U.S. dollar and euro.
-
Pakistan PM Hopeful Of Early Settlement With IMF To Unlock Foreign Loans
Pakistan Prime Minister Shehbaz Sharif on Friday expressed hope for an early agreement with the IMF to unlock the much-needed foreign loans, a day after the global lender announced its plan to send a staff mission to the cash-strapped nation.
-
Voyager Gains Initial Court Approval for $1 Billion Binance Deal, Responds to National Security Concerns
Voyager, the bankrupt crypto lender on Tuesday said it had received initial court approval for the proposed sale of the firm's assets to Binance. The lender also said that it would address any issues that would lead the US Committee on Foreign Investment in the United States (CFIUS) to oppose the transaction, which it says will allow customers to r...
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Allow All Bank Employees To Commute By Suburban Trains: Unions To Uddhav Thackeray
Bank unions have written to Maharashtra Chief Minister Uddhav Thackeray to let employees of private, foreign and co-operative lenders commute by suburban trains, officials said on Friday.
-
7 Indian IL&FS Employees Held Hostage In Ethiopia By Unpaid Staff: Report
The foreign ministry is investigating claims by expatriates in Ethiopia who say they are being held hostage by local staff that haven't been paid after the shadow lender Infrastructure Leasing and Financial Services Ltd. began defaulting on $12.6 billion in debt.
-
PM Clears India's Stand As Maldives Worries About 'Loot' In Chinese Boom
As the new president of the Maldives took office on Saturday, declaring the state coffers to have been looted, he warned that the country was in financial difficulty after racking up debt with Chinese lenders in an infrastructure boom. Prime Minister Narendra Modi, the highest ranking foreign visitor at the ceremony held in a soccer stadium in the ...
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Relief For RCom! China Development Bank Withdraws Insolvency Petition
The biggest foreign lender to Reliance Communications withdraws petition seeking to drag the indebted telecoms carrier into insolvency.
-
Greek Referendum Poll Shows Lead for 'No' Vote, But Narrowing
A majority of Greeks would vote No to the terms of a proposed bailout deal by foreign lenders but the lead narrowed significantly after banks were closed this week, according to an opinion poll published on today.
-
Myanmar Grants First Licences to Foreign Banks in Decades
Myanmar's central bank on Wednesday announced that it had granted "preliminary approval" for nine foreign lenders to operate in the country for the first time in decades, the latest tentative opening of the long-isolated economy.
