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Tamil Nadu: Lakshmi Vilas Bank Ltd branches operating as DBS Bank India Ltd from Nov 27. It was earlier placed under moratorium, withdrawal capped at Rs 25,000. A customer in Madurai, says, "We had a hard time withdrawing Rs 25,000. Govt took quick action, I express gratitude."

#India : Pre-open: #nifty '>SG #Nifty  ↑+55.5 pts; indicating positive opening for markets. HDFC Bank hit market cap of ₹8 tn y'day. L&T won contract worth ₹30 bn. Union Bank of India plans to raise ₹68 bn. Trading in Lakshmi Vilas Bank to remain suspended from Nov 26.

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Union Bank of India to consider fundraising plan on Nov 25

*RBI's working group on pvt bank ownership recommends changes to re-define India's banking eco-system *Govt plans to issue guidelines for ECLGS 2.0 for 26 sectors *Complete curfew in Ahmedabad from tonight till Nov 23 morning #headlines  #audiotweet  @ShereenBhan 

MSCI announced changes to its global standard indexes under its quarterly index review, added Kotak Bank to its India Index. Changes effective from Nov 30 closing.

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All India Bank Employees Association: United Forum of Bank Unions has decided to observe 2 days strike on 31st January and 1st February, 2020 and 3 days strike on 11th, 12th and 13th March, 2020, demanding early wage revision settlement which has been due since 1st Nov,2017.

Motilal Oswal - MOSL: Morning India (3/December/19): 1. State Bank of India (Earnings momentum to accelerate); 2. EcoScope (EAI); 3. Automobile (Nov-19 wholesales): MOrning India (3/December/19): 1. State Bank of India (Earnings momentum… #equity  #stocks 

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Reserve Bank of India appoints an Advisory Committee to advise the Administrator of Dewan Housing Finance Corporation Ltd (DHFL). RBI had superseded the board of directors of DHFL & appointed R Subramaniakumar as its Administrator on 20 Nov.

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The Reserve Bank of India announced on Nov. 19 that it would give banks until March 2020 to implement the last tranche of 0.625 percent under the capital conservation buffer, delaying efforts to align banks with Basel III international banking standards.

India's liquidity problem could have been solved if Govt had power to print currency says Board member ahead of the central bank's crucial board meeting on Nov 19

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RBI board member S Gurumurthy fires a warning shot ahead of crucial board meeting on Nov 19, blames Central Bank's policies for curtailing ability of banks to lend. Claims economy would have collapsed without #Demonetisation  . Details at 9 PM on India Biz Hour |

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India central bank governor could resign on Nov 19: report

India has climbed 30 places in the World Bank Ease of Doing Business Index this year. It is the biggest jump by any country this year and a recognition of India’s long term reform trajectory : PM Modi in Manila, Philippines, 13 Nov 2017.

‘Reverse Bank of India’ changed norms 126 times since Nov 8: Congress on RBI U-turn

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Reserve Bank of India sending out supply of new currency notes to Jharkhand’s Bokaro city banks and ATMs by helicopters.(Nov 13)

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