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Top Stories- September 2007

A new report examines opportunities for banks to analyze data to improve key business processes...Read more

Moody is proposing a series of enhancements aimed at bringing greater transparency to the securitization process for non-prime RMBS...Read more

Rising bank systemic risk to crystallise as global credit growth slows, says Fitch Ratings...Read more

Reserve Bank of India further liberalises forex rules to accelerate move towards fuller Capital Account Convertibility (CFCAC) ...Read more

Fitch Ratings said economic growth in Emerging Asia is forecast to come in at 8.7% this year, from 8.6% in 2006...Read more

Stanchart has agreed to acquire American Express Bank from Amex for about 860 million dollars in cash...Read more

Any meaningful consolidation among the public sector banks must be driven by commercial motivation,says Dr C Rangarajan...Read more

Indian Banking System is strongly placed but weaknesses cannot be wished away, says report from Standard and Poor's...Read more

The United Forum of Bank Unions has announced a nationwide one day strike on September 12, 2007...Read more

Rising home loan rates will result in housing loans growth fall by over 6% in 07-08, says assocham...Read more

Strong fundamentals and central banks should see financial institutions through rough markets, says Standard and Poor's...Read more

A total of 28 banks across the globe have participated in the ICICI Bank's $1.5 billion syndication facility...Read more

SEBI has withdrawn recognition granted to Hyderabad Stock Exchange as it has failed to dilute 51% of its equity share capital...Read more

Prior approval of IRDA is a statutory requirement for appointment of CEO, Directors of an insurance company in India...Read more

Retail lending has increased by over 30% year on year between March 2006 and March 2007 underscoring need for a caution, according to a study...Read more

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