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Top Stories- April 2008
U.S. Federal Reserve in the seventh rate cut since September 2007, lowered the federal funds rates by 25 basis points ...Read more
Reserve Bank of India credit policy announced on 29th April 2008, keeps repo rates unchanged but CRR is hiked by 25 bps to 8.25% ...Read more
Macroeconomic and Monetary Developments 2007-08 announced on April 29, 2008 ...Read more
Joint Forum releases Risk Concentrations paper ...Read more
Banks in India permitted to engage correspondents to extend banking services ...Read more
Reserve Bank of India has released Report of Working Group on Rehabilitation of Sick Small and Medium Enterprises ...Read more
The Basel Committee has announced steps to strengthen the resilience of the banking system ...Read more
Citigroup Inc. reported a net loss for the 2008 first quarter of $5.1 billion, or $1.02 per share ...Read more
Banknet has released the revised and updated second edition of its Bestselling publication 'Doing Business in India' ...Read more
Indian insurance sector is likely to register 200% growth and attain a size of Rs. 2000 bn by 2009-10 ...Read more
SEBI allows mutual funds in India to sell government securities ...Read more
Reserve Bank of India has hiked cash reserve ratio (CRR) by 50 bps to 8% in two stages to contain inflation ...Read more
Overall credit quality for corporate, sovereign, and banking debt issuers on a global basis worsened says Moody's Investors Service ...Read more
TowerGroup makes a case for enterprise approach to fraud management by Financial Institutions ...Read more
Eligibility for availing bank loan under Differential Rate of Interest Loan Scheme increased by Reserve Bank of India ...Read more
Fitch Ratings expects delinquencies in the Indian unsecured personal loan sector to increase...Read more
Securities and Exchange Board of India (SEBI) has made modifications to provisions related to company directors...Read more
According to Chartis Research the operational risk management (ORM) market will grow to $1.55bn by 2011...Read more
HSBC has jumped two places to top the latest Forbes 2000 list of the world's largest companies...Read more
Banks should replace core banking systems to stay competitive, says Capgemini's new study...Read more
Reserve Bank of India has raised the overall limit for overseas investment by domestic mutual funds to $7 billion...Read more
The Joint Forum has released for consultation a paper on Credit Risk Transfer...Read more
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