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ICICI launches app for NRIs to remit moneyICICI Bank Limited, India’s largest private sector bank by consolidated assets, has launched a service that enables non-resident Indians (NRIs) to send money to a beneficiary in India using social media like WhatsApp and e-mail. More… |
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Oman fund to invest in India’s power sectorOman’s State General Reserve Fund (SGRF), a sovereign wealth fund, plans to support a joint venture that aims to facilitate investment in India’s power sector, a report said. SGRF will join Canada-based La Caisse de d& More… |
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Oman fund to invest in India’s power sectorOman’s State General Reserve Fund (SGRF), a sovereign wealth fund, plans to support a joint venture that aims to facilitate investment in India’s power sector, a report said. SGRF will join Canada-based La Caisse de d& More… |
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ICICI ties up with Sadad for remittance servicesICICI Bank has tied up with Sadad Electronic Payment Systems to offer remittance service for non-resident Indians (NRIs) based in Bahrain. The 'Touch n Remit' service is available through Sadad kiosks across the kingdom, More… |
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ICICI names new Bahrain country headIndia's ICICI Bank has appointed Vikash Sharma as the country head, Bahrain, who will be responsible for the bank's retail business in the region. Sharma has over 12 years of experience in the banking industry and the oil sector. He will a More… |
India M&A push undeterred by credit woesArmed with strong balance sheets, willing local lenders and unrelenting ambition, Indian companies are well positioned to navigate the credit crunch and maintain their global buying spree, but must be flexible on financing. Turmoil in cre More… |
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DIC ‘eyes stakes in Asian listed firms’Dubai International Capital (DIC) plans to buy stakes in large Asian listed companies such as Singapore Telecommunications and DBS Group Holdings, a Singapore newspaper reported. DIC's chief operating officer, Anand Krishnan, told the Busi More… |
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Banks see profits in India's millionaires clubIndia's millionaires club is expanding as the economy explodes, offering a tantalising opportunity to wealth management institutions seeking to help these newly minted tycoons invest their money. But wealth managers seeking to profit from More… |
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ICICI to offer Fidelity fundsFidelity International’s fund range will now be available to ICICI Bank’s private banking customers in the Gulf. Fidelity is one of the best-known names in international investment. Present in the Middle East for more than five years, Fide More… |
