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Top Stories- December 2004
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Click Here To Return To Daily News
Click Here For News Archive


IBA along with some large credit cards issuing banks to evolve a code of conduct.... Read more

Investments in the bonds issued by the specified institutions (except NABARD), not to be eligible for classification under priority sector lending..... Read more

Pension Fund Regulatory and Development Authority (PFRDA), a statutory regulatory body will become operational from January 1.... Read more

Life Insurance Corporation of India (LIC) is increasing its exposure to banks.... Read more

Bank of India (BoI) has kicked off a business process re-engineering (BPR) exercise.... Read More

Mergers will help PSU banks to compete globally & efficiently manage risk.... Read more

Reserve Bank has announced relaxations in the service area approach to facilitate rural borrowers to have easy access to institutional credit from any bank of their choice at a competitive price.... Read Full Guidelines

RBI has reduced the interest rates on deposits that foreign banks park with Sidbi in lieu of the shortfall against lending to the priority sector, to improve flow of Credit to SSI Sector.... Read more

Forbes has announced its maiden list of the top 40 richest people in India, 2004.... Read Full List



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