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Doing Business in India- March 2008

  Nearly 20 prominent speakers from McKinsey, KPMG, IIM, IBA and major banks & IT Cos to address "Fifth Annual Conference on Payment Systems" on 9th Jan at Mumbai. Conference will incorporate Exclusive Session on 'Mobile Banking & Payments'... Click here

For List of Best Global & Local Banks in 2008 ... Click Here

CHECK OUT QUARTERLY RESULTS OF BANKS IN INDIA....read more

CHECK OUT LENDING RATES OF BANKS IN INDIA....read more

FOR SPECIAL SECTION ON GLOBAL FINANCIAL CRISIS.... click here

FOR SPECIAL SECTION ON SEBI NOTIFICATIONS ...click here

RBI again cuts repo rates & CRR to inject additional liquidity of Rs 20,000 crore.... click here

Reserve Bank of India slashes repo rates by 100 basis points to provide growth stimulus...Read more

Indian securitisation market is solid despite global meltdown, says Crisil...Read more

Greater refinancing risk for Asia-Pacific private sector borrowers, says Standard and Poor's...Read more

Best Global & Local Banks in 2008 - SBI adjudged the Best Bank from India ...Read more

External audit quality of banks need to improve, says Basel Committee...Read more

RBI extends cross-border supervision over foreign branches and subsidiaries of Indian banks...Read more

The global financial crisis can be overcome by mid-2010, leaders said at APEC Peru 2008 Summit...Read more

Securities and Exchange Board of India is likely to announce Guidelines For Smaller Exchanges in Dec'08...Read more

Reserve Bank of India has extended the time period for various liquidity enhancing measures...Read more

Basel Committee has issued consultative paper for assessing fair valuation practices...Read more

India to remain the preferred choice for outsourcing services, says Dun and Bradstreet...Read more

RBI asks banks to disclose all information relating to processing fees/charges...Read more

Insurance Australia Group (IAG) and State Bank of India (SBI) to establish a general insurance company...Read more

IMF Sees Substantial Slowdown in Asia amid Global Turmoil, Urges Decisive Policy Actions...Read more

State Bank of India has hiked interest rates on its FCNR (B) and NRE (Rupee) deposits...Read more

Basel Committee announces comprehensive strategy to address the banking crisis...Read more

Fitch affirms ICICI ratings, but says it remain vulnerable to market disruptions...Read more

G-20 Summit marks a economic power shift: A Special Feature...Read more

Reserve Bank of India RBI liberalises opening of new branches by Regional Rural Banks...Read more

Reserve Bank of India unveils more measures to enhance Rupee and Forex Liquidity and Credit...Read more

Indian Inflation rate falls to single digit at 8.98%, its lowest levels in nearly six months...Read more

IDRBT to implement additional National Financial Switch (NFS),a shared-ATM network for banks...Read more

Sharp decline in the disbursement levels of non banking financial companies in India, says crisil...Read more

World Bank cuts growth forecasts, offers more financial support for developing countries...Read more

NPAs of Indian banks rise 24% in 2nd QR and Capital Adequacy Ratio declines by 2% points, says assocham...Read more

Reserve Bank of India allows issuance of letter of credit /bank guarantee against commodity derivative transactions...Read more

RBI's RBI Mid-Term Review of Annual Policy Statement for 2008-09 dated October 24, 2008 keep rates unchanged .... Click for Full Text

Banknetjobs.com has been Ranked the "Number #1" Careers & Jobs Category Website Globally. ...Read more

Banknet Group has launched PR & Communications for financial sector & vendors focused on the financial sector. It will also cater to the PR requirements of the top industry professionals. ...Read more

After almost a decade in the industry, Banknet Group expands its own "Consulting Wing"...Read more

Criteria and selection procedure for 'Banknet Excellence Awards' announced at CTO-CXO Summit ...Read more

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

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NEWSMAKERS

Shri B. Sambamurthy, took over as Director, Institute for Development and Research in Banking Technology, on November 12, 2008. Prior to taking over as Director, Shri Sambamurthy, held the position of Chairman and Managing Director of Corporation Bank.

Shri Deepak Mohanty has been appointed Executive Director of the Reserve Bank of India with effect from October 13, 2008. Shri Mohanty has been given charge of Department of Economic Analysis and Policy (DEAP) and Department of Statistics and Information Management (DSIM).

Finance Secretary Duvuri Subbarao will be the next Governor of Reserve Bank of India...Read more

Mr. R. Ravimohan, Managing Director and Head of Standard & Poor’s, South and Southeast Asia, has been appointed Chairman of the Board of CRISIL. Dr. Nachiket Mor, President, ICICI Foundation for Inclusive Growth, has joined the Board as Independent Director.

Dr. Y.V. Reddy, Governor, RBI has been conferred the Honorary Fellowship of the London School of Economics and Political Science, London (LSE).The other prominent Honorary Fellows of the LSE from India include Prof. Sir Partha Dasgupta, Prof. Lord Desai, Mr. Nitin Desai, Dr. Jagan N. Khosla, Prof. Kakkadan N. Raj, Prof. Amartya Kumar Sen and Dr. Ratan N. Tata.

Mr C.B. Bhave is appointed the new Chairman of Securities and Exchange Board of India (SEBI) for three years. ...Read more

Banknet Forum, a world-wide community of top financial services professionals has re-opened membership. Presently Banknet Forum members comprise of Business Heads, General Managers, Vice Presidents, CTOs, COOs, Directors, CEOs of 38 organizations in 6 countries ... Click here





BUDGET SPECIAL

Finance Bill 2007 passed by Indian parliament with major reliefs in both Direct and Indirect Taxes...Read more

Budget 2006-2007- Highlights in 4 clicks
Read Full Budget 2006-07 in 15 clicks

According to the Economic Survey 2005-06, India is likely to post 8.1% growth. The Survey has asked to speed-up tax and labour reforms and measures to remove infrastructure bottlenecks to sustain high growth....Read more

Indian Railway Budget 2006-07 declaring Year 2006 as the Year of Passenger Service with a Smile, has left second class passenger fares unchanged and announced 18 per cent reduction in AC first class and 10 per cent in AC second class fares....Read more

For Special Section on Indian Budget.....Click here







SPECIAL SECTIONS & FEATURES

For Special Section on RBI's Monetory and Credit Policies (1999-2008)...Click Here

For Special Section on Indian Budget...Click Here

RBI's First Quarter Review of the Annual Statement on Monetary Policy 2008-09 dated July 29, 2008.... Click for Full Text

The Macroeconomic and Monetary Developments for the first quarter of 2008-2009, July 28, 2008 .... Click Here

Exclusive External Commercial Borrowings (ECBs) Section...Click here

Merger of Centurion Bank and Bank of Punjab .....Read Special Feature

Annual Supplement 2006 to the Foreign Trade Policy 2004-09 .... Read Full Text in 16 clicks

Banknetindia.com is ranked among the Top 25 banking sites and Top 20 banking technology Sites and Resources Online in the world.... Read more

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