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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

RBIís 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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