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Roubini says Greece aid 'step in right direction'
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Reuters
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Wed 10 Feb, 05:30 AM
NEW YORK (Reuters) - European officials' consideration to assist Greece is a "step in the right direction," but a loan from the International Monetary Fund would be more beneficial in the long run, economist Nouriel Roubini told Reuters Insider...
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Reserve Bank eases norms for ECBs
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Indian Express
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Wed 10 Feb, 03:19 AM
The Reserve Bank of India (RBI) on Tuesday eased the guidelines for external commercial borrowings (ECBs), allowing corporates to modify the drawdown and repayment schedules and switch currencies. Banks can allow companies to change the currency of...
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Germany considering loan guarantees for Greece - WSJ
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Reuters
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Wed 10 Feb, 02:30 AM
NEW YORK (Reuters) - Germany is considering loan guarantees for Greece and other troubled European countries, the Wall Street Journal reported on its website on Tuesday, citing people familiar with the...
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RBI allows changes in Forex loan repayment
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Reuters
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Tue 09 Feb, 04:30 PM
MUMBAI (Reuters) – The Reserve Bank of India said on Tuesday banks may allow changes in the repayment of foreign currency borrowings if the average maturity of such debt is...
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PSBs' bad loans rose 49.7% in Q3; pvt peers fare better
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Indian Express
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Tue 09 Feb, 03:31 AM
In bad loans, private sector banks continue to outperform public sector peers. A comparison between 17 private sector banks operating in the country and 25 public sector banks shows that private sector banks performed better in terms of net...
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Citi in talks over $3 bln in car loans - FT
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Reuters
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Mon 08 Feb, 06:50 PM
PHILADELPHIA (Reuters) - Citigroup Inc has held talks with private equity groups and hedge funds over the sale of $3 billion in car loans in a move to clear troubled assets from its balance sheet, according to a report by the Financial...
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