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Top Stories- June 2004
Click Here To Return To Daily News Click Here For Banking Articles
Banks in India can now, float deposit-based forex products for resident Indians.... Read More
More European companies are outsourcing to India.... Read more
India is second most attractive emerging market for retailers.... Read full report
Indian IT industry has expanded its radar to new service lines .... Read more
RBI has allowed scheduled commercial banks to issue long-term bonds for funding long-term commitments.... Read detailed guidelines
After banks, the Reserve Bank of India has now announced guidelines on declaration of dividend by the Primary Dealers (PDs).... Read detailed guidelines
India Companies raised a total of $1.75 billion in external commercial borrowing (ECB's) during April 2004.... Read more
Importance of a proper Business Continuity
and Disaster Recovery Plan
.... Read more
Reserve Bank of India has extended the off-site surveillance system (OSS) to all non-scheduled urban co-operative banks (UCBs) having deposit size of Rs 100 crore and above.... Read detailed guidelines
State Bank of India group has joined the billion dollar club with its net profit rising 33 per cent from Rs 4,330 crore in 2002-03 to Rs 5,759 crore in for 2003-04.... Read More
For more Stories from the Archives... Click here
For Latest Stories... Click here
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