 Articles tagged: Industry Report
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China's commercial banking sector is plagued by less bad loans, which were reported to be of 116.8 Billion Yuan by twelve joint stock commercial banks in the beginning of 2006. written by James Marriot
In Q2 FY'06 the net profit of ICICI Bank rose 30% to reach Rs 755 crore, compared to Rs 580 crore during the same period last year. written by James Marriot
On 17 November 2006, overseas banks announced that they intend to expand their operations in China subsequent to the release of new rules. written by James Marriot
The Central Board of Excise and Customs (CBEC) has confirmed the government decision of exempting banking services to units positioned in any of the special economic zones from payment of service tax. written by James Marriot
ICICI Bank aims to exploit the untapped rural banking sector in India, as huge credit demands exist in this sector. Credit demand in rural India is expected around Rs.1,330 Billion, whereas its supply was just about Rs.40 Billion in previous year (2005), as per Nachiket Mor- deputy MD of the bank. << previous page 1 next page>> |
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