| Top Stories- October 2008
IMF welcomes comprehensive European response to Financial Crisis, sees major downside risks averted...Read more
International Association of Insurance Supervisors issues supervisory papers on solvency assessment...Read more
Reserve Bank of India cuts Repo Rate by 100 basis points to 8.0 per cent...Read more
Fitch Comments on Government Programs, Current Crisis and Implications for Bank Ratings...Read more
Indian banking sector is at 6th position among emerging economies, says assocham...Read more
Cap on debt-equity investment ratio for Foreign Institutional Investors removed by Indian Government...Read more
Reserve Bank of India cut CRR by 100 bps, release part payment against loan waiver, increase NRI deposit rates...Read more
Indian Banks challenged by domestic, not global, factors, says Crisil...Read more
Reserve Bank of India asks banks to disburse sanctioned limits to clients...Read more
Indian banking system is stable and sound, says Governor, Reserve Bank of India...Read more
Tata Consultancy Services (TCS) to acquire Citigroup Global Services for $505 million...Read more
Indian Government has constituted a group to assess the requirements of liquidity...Read more
The rupee slipped to lowest against Dollar since May 2002, but later recovered...Read more
Reserve Bank of India reduces cash reserve ratio (CRR) by additional 100 basis points to 7.5 per cent...
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Bank of New York Mellon (BNY Mellon) acquires JPMorgan Trust Bank in Japan...Read more
Indian economy and banking system has the capacity to weather the global financial crisis, says Indian Government...Read more
IMF sees heightened risks to global financial stability and urges comprehensive action...Read more
RBI reduces CRR by 50 basis points
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Reserve Bank of India reduces cash reserve ratio (CRR) by 50 bps to 8.5% to ease liquidity...Read more
Reserve Bank of India to launch XBRL standards for Basel II Reporting System...Read more
Global banking industry to see more restructuring and consolidation, says TowerGroup...Read more
Indian IT-BPO sector to be impacted for 3-4 quarters by US financial turmoil, says Nasscom...Read more
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