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Top Stories- April 2004

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Click Here For Banking Articles


ECB cannot be raised for working capital, general corporate purpose and repayment of existing rupee loan purposes.... Read Details

The credit-deposit ratio of foreign banks is higher when compared with nationalised banks.... Read More

RBI notification on dividend payouts by banks may not prevent most of the banks from declaring dividends.... Read full guidelines

RBI has banned entities other than banks and authorised dealers from collecting non-resident external (NRE) deposits with immediate effect.... Read full guidelines

120 scheduled commercial banks and primary dealers to become part of the real time gross settlement system (RTGS) by June 2004.... Read Feature on RTGS

Customers of foreign and new private banks have reason to smile. Now they will not be refused acknowledgement of the cheques, physical collection of cheques books.... Read Full Guidelines

Public sector banks have settled about 30% of their NPA (non-performing assets) cases.... Read More

More than $1 trillion is paid globally as bribe yearly. This comes to an average of $2.7 billion per day.... Read World Bank Report

Global financial markets are upbeat and the economic activity had picked up.... Read more

ECB cannot be raised for working capital, general corporate purpose and repayment of existing rupee loan purposes.... Read Details

Standard and Poor's has voiced concern over the fiscal deficit of the Central and State Governments.... S&P's Indian Rating

India becomes Asia’s fastest-growing economy.... Read more

RBI has rationalised the existing facilities for commercial banks to borrow overseas.... Read in detail





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