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Top Stories- June 2005

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Bank of Punjab (BoP) and Centurion Bank (CB) have been merged to form Centurion Bank of Punjab (CBP).....Read Special Feature

Another Private Sector Bank seems to be in trouble.....Read More

Reserve Bank has issued clarifications on use of International Debit Cards/Smart Cards .....Read more

Procedure has been simplified for settlement of claims in respect of deceased depositors. .....Full details

Banks can now extend financial assistance to Indian companies for acquisition of equity overseas.....Read more

The RBI will come out with new guidelines on outsourcing..... Read full speech

Government relaxes ECB norms for non-banking finance companies..... Read more

Salaries of bank employees to increase between Rs 450 to Rs 8,000 per month from November 2002..... Read more



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