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(AFX UK Focus) 2010-07-02 16:39 TIMELINE-Changes to India’s SLR for banks since 1949
MUMBAI, July 2 (Reuters) – India’s central bank late on Friday raised its short-term borrowing and lending rates by 25 basis points each.

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RBI raises short-term rates to contain inflation
Mumbai, July 2 (PTI) The Reserve Bank of India (RBI) today raised the short-term lending and borrowing rates by 25 basis points with immediate effect to contain inflation.

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Bank of China to raise $8.9 bln in rights issue
Bank of China said Friday it plans to raise up to 8.9 billion dollars in a share rights issue in Shanghai and Hong Kong to strengthen its capital base.

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