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Top Stories- March 2005
Click Here To Return To Daily News Click Here For News Archive
Banks are permitted to remit, funds out of the balances in NRE account on basis of a resident power of attorney.... Read more
RBI has cancelled the licence of Mumbai-based Raghuvanshi Cooperative Bank, though all the depositors are eligible to get their claims up to Rs 1 lakh.... Read more
IRDA has sought the comments of industry participants to finalise the guidelines for online agents' training institutes.... Read more
Overall rehabilitation and reconstruction needs in the tsunami-affected states and territories of India are to the tune of US$1.2 billion.... Read more
Reserve Bank has decided that banks should be required to make meaningful disclosures of their derivatives portfolio.... Read more
Reserve Bank has issued suitable guidelines to facilitate merger/amalgamation in the cooperative sector.... Read guidelines
The Reserve Bank is taking steps to enhance the transparency of large cooperative banks.... Read details
Indian banks would need additional capital to the extent of about Rs 11,900 crore to meet the capital charge requirement for operational risk under Basel II.... Read more
For more Stories from the Archives... Click here
For Latest Stories... Click here
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