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Top Stories- September 2005

Click Here To Return To Daily News
Click Here For Banking Conferences


Federal Bank and Lord Krishna Bank have confirmed their plans to consider the merger.....Read Full story

The Mitsubishi UFJ Financial Group Inc has become the world's biggest bank, in assets through the merger of Japan's second and fourth-largest financial institutions.....Read Full story

Infosys Technologies and Wipro along with ICICI Bank are the three Indian companies that figure in the list of 50 fabulous Asian firms compiled by Forbes magazine.....Read Full list

Scheduled Cooperative banks permitted to undertake co-branded domestic credit card business with tie-up arrangement with one of the scheduled commercial banks.....Read Guidelines

From October 8, 2005, there will be no outright transactions in Government securities on Saturdays.....Read more

National financial Switch group has decided to slash the charges on ATM transactions..... Read more

The scale of offshoring in the financial services sector is set to virtually double by 2008, ..... Read more

ABN Amro on 1st September 2005 announced vendors for outsourcing business of 1.8 billion Euro. ..... Read more

A one-time settlement scheme for recovery of NPAs below Rs.10 crore for SME Accounts announced by RBI.....Read Guidelines

RBIís Vision on Technology in the Banking Sector- Opening address by Mr. G. Padmanabhan, Chief General Manager - in - Charge, Dept. of Information Technology, Reserve Bank of India at the Bank Tech Summit... Read More

Leveraging IT for business benefits in banks- Welcome address by Mr. Anurag Khanna, Managing Director & CEO, Banknet India at the Bank Tech Summit... Read More

Press Coverage of Banknet India's Bank Tech Summit... Click Here

Banknet India's Bank Tech Summit on 22nd September 2005 was attended by 300 participants from more than 100 banks and IT companies from India, US, UK, Australia, France & Singapore. 20 Prominent Speakers included- Mr. G. Padmanabhan, Chief General Manager - in - Charge, Dept. of Information Technology, RBI, Mr Simen Munter, Chief Operating Officer of HSBC Bank ... Read More


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