SBI dedicated Japan desk offers wholesale and retail banking products like rupee funding for Japanese businesses and banks, as well as guidance on Indian companies and regulations
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The banking sector's problems are an outcome of the tendency of government authorities to draw up overly ambitious targets and be in a perennial promise mode
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India’s banking culture of allowing influential borrowers who default to get away was flagged in January by RBI governor Raghuram Rajan
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Says not in favour of devaluing exchange rates to boost economic growth, signalling India will not join other countries such as China or Japan in pushing down their currencies
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Hong Kong, where HSBC was founded about 150 years ago and where it employs more than 20,000, was considered the strongest candidate for a possible move as it accounts for 46 percent of HSBC's pre-tax profit
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Banks have been reporting massive setbacks due to a asset quality review undertaken by the Reserve Bank of India to clean up balance-sheets in a way that reflects the true picture
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Finance Minister Arun Jaitley says the Reserve Bank of India through various policies have empowered banks to recover NPAs
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The Reserve Bank of India said on Thursday it will actively inject additional cash into the banking system in March, when liquidity conditions tend to tighten because it marks the end of the fiscal year.
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