Award for Shriram Investments
Chennai: The Mother Teresa Award for Corporate Citizenship, given away to a listed company by the Loyola Institute of Business Administration (LIBA), has gone to Chennai-based Shriram Investments Ltd this year.
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Karur Vysya turning tech-savvy bank
Madhurai: Karur Vysya Bank (KVB) has transformed itself into a tech-savvy institution, P.T. Kuppusamy, Chairman, said here. Presiding over the inaugural of its 214th branch at Tallakulam here on Monday, the Chairman said 85 per cent of its operations had been computerised.
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Bank of India to introduce mobile banking
Bangalore: State-owned Bank of India is all set to introduce `Mobile Banking Services' in Bangalore shortly. Infrasoft Technologies is providing the software solutions for the wireless automated teller machine (ATM) network to be deployed in these mobile banking projects, a statement from the bank said.
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Cauvery bonds only after Sept
Bangalore: The Karnataka Government would need close to Rs 3,000 crore to complete projects in Hemavathy and Rs 870 crore for Kabini II stage. Strapped for cash, 18 projects are pending completion.
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Police to probe officials' role in Vasavi Bank crisis
Hyderabad: The Andhra Pradesh police have decided to probe the role allegedly played by officials of the State Registrar of Co-operative Societies (RCS) and the regional office of the Reserve Bank of India (RBI) in not bringing to light the serious defects
in not bringing to light the serious defects in the functioning of the Vasavi Bank.
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