Top Stories- October 2008

State Bank of India (SBI) has announced reduction in both lending and deposit rates...Read more

Reserve Bank of India to provide Swap facility to Overseas Branches/Subsidiaries of Indian Banks... Read more

Moody's has affirmed all existing ratings of ICICI Bank with their stable outlook...Read more

India's Ratings Maintained by Standard and Poor's on Growth Outlook...Read more

Raghuram Rajan has been appointed honorary economic advisor to the Indian Prime Minister...Read more

Prime Minister of India outlines the measures being taken to face the global financial crisis...Read more

Foreign direct investment (FDI) cap in Indian insurance sector to be raised to 49 percent...Read more

East Asia-Pacific Central Banks (EMEAP) step up regional cooperation...Read more

Reserve Bank of India allows Non-Deposit taking NBFCs to raise Short Term Foreign Funds...Read more

Reserve Bank of India announces further Measures for Monetary and Liquidity Management...Read more

IMF Creates Short-Term Liquidity Facility (SLF) for Market-Access Countries...Read more

Reserve Bank of India has enhanced NBFCs' capital raising option for capital adequacy purposes... Read more

Central banks establish reciprocal currency arrangements to help improve liquidity conditions in global financial markets...Read more

Banknetindia.com, ranked amongst the best financial portals, has unveiled revamped website with improved navigation and updated content...Read more



Federal Open Market Committee has lowered its target for the federal funds rate 50 basis points to 1 percent...Read more

Securities and Exchange Board of India allows creeping acquisition beyond 55% for consolidation of holdings...Read more

Bank capitalisation decision of Indian Government is positive for market confidence, says Crisil...Read more

Dr Subbarao, Governor, Reserve Bank of India announces Mid-Term Review of Annual Policy Statement for 2008-09...Read more

RBI projects Indian economic growth at 7.7% midmacro08.htm Reserve Bank of India has released Macroeconomic and Monetary Developments Mid-Term Review Report...Read more

Reserve Bank of India has further eased the norms on External Commercial Borrowings (ECB) for Indian companies...Read more

Fitch Ratings says the global credit crunch will result in a halving of global real credit growth this year...Read more

Sweeping government measures should restart global banking markets, says Standard and Poor's...Read more


For more Stories from the October 2008... Click here


For more Stories from the Archives... Click here

For Latest Stories... Click here