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Top Stories- August 2004

Click Here To Return To Daily News
Click Here For Banking Articles


Outlook on India's long-term foreign currency rating revised to positive from stable.... Read more

Parliament has passed the Finance Bill, 2004, with some amendments.... Read more

RBI has imposed severe restrictions (moratorium) on the Nagpur Mahila Nagarik Sahakari Bank.... Read more

90-day norm for small loans effective from March 31, 2007 instead of March 31, 2005.... Read more

RBI revises norms for loans against NRI deposits.... Read full text

Multi-state cooperative banks come under the RBI’s regulatory framework.... Read more

Infosys, TCS and Wipro are world's top three vendors in offshore IT services.... Read more

Restrictions on use of customer information by banks in USA.... Read more

Opening current accounts in co-operative banks made tougher.... Read more

Lok Adalat can now settle banking disputes involving Rs 20 lakh.... Read more

India is the best country for the foreign investors.... Read more

The board of the South Indian Co-operative Bank (SICB) has been superseded.... Read more

With Intelenet Global Services, expected to become the preferred vendor for Barclays, the Co’s financials are expected to improve in future.... Read more

MTFG & UFJ to form the world’s biggest bank.... Read more

Banking licence of another Cooperative Bank cancelled.... Read more

Top Salaries of Indian CEO's in 2003-04.... Read more

Reserve Bank has frozen operations of The South Indian Co-operative Bank, Mumbai-based urban co-operative bank.... Read RBI notification

Asians have higher incomes levels and are the most qualified and employed among the foreign-born population in the United States.... Read more

The Indian IT industry will grow to Rs 2,47,000 crore by the end of calender year 2008 from Rs 87,000 crore in 2003.... Read more

Another Term Lending Institution goes Commercial.... Read more

Global Trust Bank collapse and rebirth
.... Global Trust Bank is back as Oriental Bank of Commerce
.... RBI's scheme of amalgamation of GTB with OCB
....Who is the loser?
....Notification of Reserve Bank of India
....Countdown to GTB Collapse
....What is in store for customers
....Clarifications from RBI
....Share your views
....Contact Reserve Bank for assistance



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