Click Here

Click Here

Click Here

Top Stories- January 2008

Bank Rate, Reverse Repo Rate, Repo Rate and Cash Reserve Ratio (CRR) kept unchanged. RBI announces the Third Quarter Review of its Annual Policy Statement for 2007-08 on January 29, 2008. .... Click for full Text

The Reserve Bank of India on 28th January 2008 released the document “Macroeconomic and Monetary Developments: Third Quarter Review 2007-08” to serve as a backdrop to the Third-Quarter Review of the Annual Policy Statement for 2007-08.... Click here

US Fed goes for cumulative 1.25 percentage point reduction in the interest rates in less than two weeks. ...Read more

State Bank of India (SBI) net income rose to 18.1 billion rupees ($459 million) in the third quarter from Rs 10.65 billion a year earlier. ...Read more

The U.S. subprime mortgage crisis has forced banks to enter 2008 in a reactive mode, says a TowerGroup research. ...Read more

Banking services in India will be affected on 25th January 2008, due to one-day strike of bank officers and employees. ...Read more

According to Fitch Ratings, the number of negative bank ratings actions accelerated in Q407. ...Read more

Indian government has asked investors to take informed and responsible decisions. ...Read more

New York Stock Exchange has agreed to buy American Stock Exchange (Amex) in $260 million deal. ...Read more

Economic uncertainty will continue to dominate global securities and investments industry in 2008, says TowerGroup. ...Read more

Banknet Survey highlights that despite awareness, usage of electronic payment products has still to pick up in India. ...Read more

Bank of America to purchase Countrywide Financial Corp. in an all-stock transaction worth appx $4 billion. ...Read more

The Assets under management in India's mutual funds industry closed 2007 at Rs.5.54 trillion. ...Read more

Year 2008 will have the highest levels of political and economic uncertainty, according to the World Economic Forum's report. ...Read more

According to Crisil, sub-prime assets are at 7% of total outstanding retail loans in India. ...Read more

Banknet's fourth payment conference will discuss the impact of electronic payment products on the cash management. ...Read more

SEBI has proposed simplification of issuance process for corporate bonds. ...Read more

Moving towards Paperless e-Transactions is the theme of Banknet's Fourth International Conference on Payment Systems at Mumbai, India on January 16, 2008. ...Read more

According to Governor, Reserve Bank of India there is no visible immediate threat to Indian financial stability. ...Read more

SEBI has waived direct load on Indian investors making direct investments in Mutual Fund schemes. ...Read more

For more Stories from the Archives
... Click here

For Latest Stories... Click here





      Finance | Technology | BPO | Advertise | Terms of use | Disclaimer | Contact us
                         © Banknet India | All rights reserved worldwide.