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Top Stories- May 2005

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Reserve Bank announces major initiatives related to Payment Systems.... Read More

The Reserve Bank of India has released, the Vision Document for Payment and Settlement Systems.... Read More

Upgradation of payment systems, a new priority for banks in India.... Read More

New Banking Cash Transaction Tax introduced for the first time has come into effect from the 1st June 2005. Scheduled banks will have to follow a three stage reporting system ..... Read more

Persons other than individuals barred from opening accounts under Public Provident Fund Scheme 1968..... Read clarification

Reserve Bank of India discontinue trades in Mifor (Mumbai Interbank Forward Offer Rate) swaps.... Read More



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