Top Stories- July 2008

Mixed reactions on RBI Repo Rate and CRR hike from Industry Associations...Read more

RBI Policy announced on 29th July 2008, will have Short-term costs but medium-term benefits, says Crisil...Read more

Reserve Bank of India's First Quarter Review of Monetary and Credit Policy increases Repo Rate and CRR...Read more

Reserve Bank of India releases Macroeconomic and Monetary Developments Review as backdrop to the First Quarter Credit Policy Review.. Read more

SBI Quarterly Profit up 15% at Rs 1640.79 Crore, despite making a huge provision for marked-to-market losses...Read more

Reserve Bank of India has announced stricter norms for credit card operations of banks...Read more

Banknet's Seminar on Mobile Payments will discuss the final RBI guidelines on mobile payments...Read more

Indian government approves State Bank of Saurashtra merger with SBI...Read more

Reserve Bank of India has Constituted Working Group on Umbrella Organisation for UCBs...Read more

Fitch Ratings expects further negative rating actions on banks in the coming months...Read more

To enable tax-payers in India to file returns electronically, returns do not require annexures/TDS certificates...Read more

The ATM and the personal identification number are extremely secure and safe for consumer use, says ATMIA...Read more

Bankers should explore relationship based pricing to improve profitability, says TowerGroup...Read more

Liquidity pressures in Indian real estate could lead to shakeout, says Crisil...Read more

RBI has permitted more instruments for raising capital funds by Urban Co-operative Banks...Read more

Fitch has revised India's long term currency issuer default rating outlook to negative from stable...Read more

Reserve Bank of India has liberalised security terms for External Commercial Borrowings...Read more



According to the annual NASSCOM survey, the Indian IT-BPO industry recorded growth of 28% in 2007-08...Read more

According to assocham study, inflation in India may peak in December 2008 to reach 14-14.5%...Read more

IMF will focus its activities in the period ahead on key issues of global economic and financial concern...Read more

Banks should create a 'universal teller' to handle all customer requests, says TowerGroup Research...Read more

Rural India offers tremendous growth opportunities for insurance companies, says assocham...Read more

SEBI has clarified on the issue related to exemption from mandatory PAN requirement...Read more

Hiring in PSU banks will increase due to branch expansion and impetus on rural, retail banking...Read more

State Bank of India's network of branches has now touched 10486...Read more




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