Top Stories- March 2008

SBI has become first Indian issuer to tap Malaysian bond market...Read more

Financial Stability Forum (FSF) meet in Rome to discuss the current challenges in financial markets...Read more

Losses resulting from mortgage fraud in US will reach $2.5 billion in 2008, according to TowerGroup...Read more

India to remain the fastest growing IT Services country in Asia Pacific, according to a report...Read more

Banking hours extended for annual closing of government accounts and tax payments...Read more

Indian Government creates Farmers' Debt Relief Fund with initial corpus of Rs. 10,000 crore...Read more

Reserve Bank of India issues second draft of Guidelines on Recovery Agents engaged by banks...Read more

US Fed reduce rates sixth time in six months. Now federal funds rate are 2-1/4 percent...Read more

Subprime write-downs could reach $285 billion, but are likely past the halfway mark, says Standard and Poor's...Read market related stories

IRDA has clarified on appointment of NGOs as Micro Insurance Agents...Read insurance related stories

Nasscom to further strengthen work parctises and security in the Indian BPO sector...Read BPO related stories

With capital adequacy intact, Basel II norms overlooked by NPA ridden Indian banking sector, says a Assocham study...Read more

IMF has outlined actions to address global financial and economic challenges...Read more

Reserve Bank of India has laid down a framework of uniform service charges for ATM usage...Read technology related stories

State Bank of India (SBI) has become the second bank in the world to have more than 10,000 branches...Read more



RBI has amended the definition of Tier I banks for regulatory purposes...Read more

Indian Union Territory of Puducherry will get a Regional Rural Bank, sponsored by Indian Bank...Read more

RBI has announced prudential norms for issuance of Letters of Comfort (Loc) by Indian banks to their subsidiaries...Read more

Banknetindia.com has launched "Campus Zone", a collaborative platform for colleges...Read more

BUDGET SPECIAL
Indian Union Budget-2008-09- Basics, Glossary, Your Opinion
Railway Budget 2008-09- Highlights
Economic Survey 2007-08

Moody’s views Indian budget as a political and fiscal balance...Read more

Indian budget suggests that fiscal improvement remains firmly in place, but are slower than expected, says Fitch Ratings...Read more

Industry associations have generally welcomed Indian Union Budget 2008-09...Read more

Indian IT-BPO industry has expressed their disappointment with the Indian Union Budget 2008...Read more



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