NEWSMAKERS

Mr C.B. Bhave is appointed the new Chairman of Securities and Exchange Board of India (SEBI) for three years. ...Read more

Banknet Forum, a world-wide community of top financial services professionals has re-opened membership. Presently Banknet Forum members comprise of Business Heads, General Managers, Vice Presidents, CTOs, COOs, Directors, CEOs of 38 organizations in 6 countries ... Click here

MORE NEWS

US Fed reduce rates sixth time in six months. Now federal funds rate are 2-1/4 percent...Read more

Subprime write-downs could reach $285 billion, but are likely past the halfway mark, says Standard and Poor's...Read market related stories

IRDA has clarified on appointment of NGOs as Micro Insurance Agents...Read insurance related stories

Nasscom to further strengthen work parctises and security in the Indian BPO sector...Read BPO related stories

With capital adequacy intact, Basel II norms overlooked by NPA ridden Indian banking sector, says a Assocham study...Read more

IMF has outlined actions to address global financial and economic challenges...Read more

Banknet launches Official Blog to discuss, comment and provide info on the latest happening, news, policies in financial, IT, BPO sector & Banknet Group... Read more

BUDGET SPECIAL
Indian Union Budget-2008-09- Basics, Glossary, Your Opinion
Railway Budget 2008-09- Highlights
Economic Survey 2007-08

Moody’s views Indian budget as a political and fiscal balance...Read more

Indian budget suggests that fiscal improvement remains firmly in place, but are slower than expected, says Fitch Ratings...Read more

Industry associations have generally welcomed Indian Union Budget 2008-09...Read more

Indian IT-BPO industry has expressed their disappointment with the Indian Union Budget 2008...Read more


Bank Rate, Reverse Repo Rate, Repo Rate and Cash Reserve Ratio (CRR) kept unchanged. RBI announces the Third Quarter Review of its Annual Policy Statement for 2007-08 on January 29, 2008.
.... Full Text of review of Credit Policy
.... Highlights of review of Credit Policy

The Reserve Bank of India on 28th January 2008 released the document “Macroeconomic and Monetary Developments: Third Quarter Review 2007-08” to serve as a backdrop to the Third-Quarter Review of the Annual Policy Statement for 2007-08.... Click here

RBI announces the Mid term Review of its Annual Policy Statement for 2007-08 on October 30, 2007. Bank Rate, Repo Rate and Reverse Repo Rate kept unchanged. However CRR increased by 50 basis points to 7.5 per cent effective fortnight beginning November 10, 2007.... Click here

The Reserve Bank of India on 29th October 2007 released the document “Macroeconomic and Monetary Developments: Mid-Term Review 2007-08” to serve as a backdrop to the Mid-Term Review of the Annual Policy Statement for 2007-08 .... Click here

Total External Commercial Borrowings (ECB) raised by India Inc increased by 16.4 per cent to US$ 29 billion in the FY 2007...Read more on ECBs

Banknet India 'Report on the Indian ATM Industry', has compiled a list of precautions for users to avoid an ATM fraud...Read more

Reserve Bank of India has announced revised guidelines for the implementation of the new capital adequacy framework ...Read more

Union Budget 2007-08 | Direct Taxes | Indirect Taxes| Financial Sector
Full Budget Text in 15 Clicks | Highlights | Budget Special

Helpline for Credit Card Customers- A Special Feature...Read more

ZDNet Asia has announced its ZDNet Asia Smart50 2006 award winners, selected by an independent panel of judges, which included Anurag Khanna, MD & CEO of Banknet India...Read More

Banknet India's Exclusive Interview with Finance Guru and co founder of the Quantum Fund JIM ROGERS ... Read More
 
For Special Section on Capital Account Convertibility in India .....click here

Should foreign companies be allowed to borrow from domestic banks to fund acquisitions in India? Existing guidelines bar companies from outside India from borrowing from domestic banks, to buy a stake into a company in India. A Debate .....Read more

Understanding Banking: A Debate.....Click Here

Click here for earlier top stories

BANKNET INDIA CONFERENCES

Banknet India is one of the largest organizers of Banking Industry Conferences. Conferences organized by Banknet India are premier banking technology events with topical and relevant agenda with senior level industry participation. Banknet India has been associated with nearly 40 major Conferences, Seminars & Exhibitions related to banking, finance, insurance, BPO & technology. .....Read more

Banknet India's “Conference on ATM Industry in India” on the 31st May 2007 at Mumbai, India had participation from more than 50 banks & IT Cos at ATM Conference ...Read more

Banknet India’s “Third Conference on Payment Systems in Banks” on the 10th January, 2007 at Taj Lands End, Mumbai, India had 20 prominent speakers from the major banks & IT Cos and more than 350 participants. Conference was covered by The Economic Times, The Times of India, Financial Express, Business Standard, The Hindu-Business Line, DNA Money, PTI, Money Control.com, Worldnews.com, Aaj Tak TV etc... Click here

"Payment Systems in Banks"- Mr M V Nair, CMD, Union Bank of India ... Click here

"IT for Business Excellence"- Address by Shri V Leeladhar, Deputy Governor, Reserve Bank of India at the Banknet India's Bank Tech Summit, Mumbai, on September 21, 2006 ...Click here
Security concerns of banking IT systems should be guarded ...Click here
ATM transaction on the rise- Banknet survey shows 64% of respondents are comfortable with the machine ...Click here
A Smart card in wrong hands? RBI Has Its Own Concerns over Use Of Smart Cards ...Click here
Banks ready to hit Wireless highway-Mobile Banking attractive for banks as well as customer ...Click here
Could mobiles revolutionize banking sector? ...Click here

...Read earlier RBI Credit Policies

BUDGET SPECIAL

Finance Bill 2007 passed by Indian parliament with major reliefs in both Direct and Indirect Taxes...Read more

Budget 2006-2007- Highlights in 4 clicks
Read Full Budget 2006-07 in 15 clicks

According to the Economic Survey 2005-06, India is likely to post 8.1% growth. The Survey has asked to speed-up tax and labour reforms and measures to remove infrastructure bottlenecks to sustain high growth....Read more

Indian Railway Budget 2006-07 declaring Year 2006 as the Year of Passenger Service with a Smile, has left second class passenger fares unchanged and announced 18 per cent reduction in AC first class and 10 per cent in AC second class fares....Read more

For Special Section on Indian Budget.....Click here