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RBI to roll back rupee steps in Q4: Barclays

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Barclays expects the RBI's cash tightening steps to be rolled back only in the December quarter as the Reserve Bank of India wants to avoid showing a lack of resolve about its measures by reversing t

Barclays to shut three branches in India, cut jobs - Sources

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Barclays(BARC.L) will shut three of its nine bank branches in India by the end of this month, two sources with direct knowledge of the development said on Tuesday, as the British bank reduces its reta

British inquiry head slams ex-Barclays boss over Libor

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The head of a British lawmakers' inquiry into the Libor rate-rigging scandal has attacked ex-Barclays boss Bob Diamond for giving 'highly selective' evidence as its report was published on Saturday.

Barclays names City grandee Walker as chairman

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Barclays has picked corporate governance expert and City grandee David Walker as its new chairman in an effort to rebuild the UK bank's reputation after a rate rigging scandal.

The British bank said

Britain to flesh out framework for Libor review

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Britain's government is expected to spell out on Monday the scope of a root and branch reform of Libor, the interest rate benchmark that was rigged by Barclays in a widening scandal that has damaged L

Bruised Barclays faces CEO, revival inquisition

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British bank Barclays Plc shaken to its core in the in June by an interest-rate rigging scandal, is bracing for more scrutiny on Friday on its plans to rebuild its brand and revive shareholder and cus

HSBC scandal erupts as British bank sector faces shake-up

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A scandal erupting at Europe's biggest bank HSBC has added to concerns over the state of Britain's financial sector amid the Barclays rate-rigging affair and as the industry faces a major shake-up.

H

Banks in Libor probe consider group settlement: Sources

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A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash by going it alone, people fa

Central bankers eyeing whether Libor needs scrapping

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Central bankers and regulators will hold talks in September on whether the troubled global Libor interest rate can be reformed or whether it is so damaged that the benchmark of borrowing costs should be scrapped.

Barclays cuts Infosys to 'equal weight' on Q1 results

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Barclays Capital cut its ratings on Infosys to 'equal weight' from 'overweight' citing 'disappointing' April-June earnings and saying the company's guidance was still too aggressive.

Barclays also cu

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.