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Top Stories- November 2005
Click Here To Return To Daily News
Click Here For Banking Conferences
Indian Institute of Insurance Surveyors and Loss Assessor has been incorporated for promotion of quality in the profession of surveyors and loss assessors.....Read more
RBI’s norms on credit card will force banks to send customers bills on time, stop unsolicited credit card or personal loan offers and much more .....Read full guidelines
Banks can now offer higher interest rates to Non Resident Indians.....Read more
National Electronic Funds Transfer (NEFT) system went live on November 21, 2005.....Read more
Persons/ entities in addition to FIIs are now eligible under the Foreign Direct Investment (FDI) route, to invest in the equity capital of Asset Reconstruction Companies (ARCs)registered with the Reserve Bank of India.....Read more
C-EDGE Technologies to become a major player in the BFSI Technology field.....Read more
Amended ECB policy come into force with immediate effect.....visit ECB section
State Bank of India has acquired 76 per cent stake in an Indonesian bank, PT Bank IndoMonex. This is SBI's third overseas acquisition.....Read more
ICICI Bank to sell equity shares to retail investors at a discount.....Read more
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