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Top Stories- December 2004
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
For more Stories from the Archives... Click here
For Latest Stories... Click here
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