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Top Stories- May 2004
Click Here To Return To Daily News
Click Here For Banking Articles
Click here for Reserve Bank's Annual Monetary and Credit Policy for the year 2004-2005
While Asian banking has good potential for growth, particularly in consumer finance, sustained economic growth and increases in personal income levels will be a condition for this process.... Read more
Strong, Credible Domestic Credit Rating Industry Crucial to Asia's Bond Market Development.... Read more
Gross domestic product (GDP) is growing rapidly, markets are strong, and the balance-of-payments position is comfortable, but there are still serious challenges facing the Indian economy.... Read more
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
For more Stories from the Archives... Click here
For Latest Stories... Click here
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