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Doing Business in India- March 2008
Banknet's "Fifth Annual Edition of CTO-CXO Summit" was organized on 5th June 2009 at Hyatt Regency, Mumbai. In its fifth year, CTO-CXO summit brought together on one platform more than 150 participants from around 50 organizations. Summit was addressed by 23 C-Level Speakers from major Banks and IT Companies... Read more
Banknet has announced an exclusive series of half-day seminars/briefings, each of which will focus on one major issue with selective number of participants. Seminar on Mobile Payments was first in the series.We are looking for strategic alliances, partnerships.... Read more
Banknet India has launched a "Special Holidays Section". This is the most comprehensive listing of bank holidays in India. This exclusive section provides bank holidays in year 2009 for all the twenty-eight states and seven union territories. In addition to holidays it is also a good primer on the major festivals in India.
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Mixed reactions from Banks, Economists, India Inc on RBI Annual Policy ....Click Here
RBI report on macroeconomic and monetary developments during 2008-09 lowers GDP forecast to 5.7%...Read more
The Indian banking sector stole the limelight with a stellar performance by the public sector as well as the private sector banks. At a time when corporate India has seen its net profits shrink by 24 per cent, banks have reported a 43.83 per cent net profit growth in the quarter ended December 2008...Read Banknet's analysis of third quarter results of 41 major banks in India
CHECK OUT QUARTERLY RESULTS OF BANKS IN INDIA....read more
CHECK OUT LENDING RATES OF BANKS IN INDIA....read more
For Bankex- Bank Shares- Commentary ... Click Here
For List of Best Global & Local Banks in 2008 ... Click Here
FOR SPECIAL SECTION ON GLOBAL FINANCIAL CRISIS.... click here
FOR SPECIAL SECTION ON SEBI NOTIFICATIONS ...click here
19 cooperative banks in India go insolvent during 2008-09...Read more
Security, Privacy and Cost major barriers to adoption of mobile banking, says KPMG's survey...Read more
RBI asks banks in India to make RTGS transactions more customer friendly...Read more
FSF issues recommendations and principles to boost global financial systems...Read more
Inter-Bank usage of ATMs becomes free in India from 1st April 2009...Read more
Basel Committee taking steps to strengthen global regulation of banking sector...Read more
Indian Financial Sector Self Assessment Report finds System Broadly Robust...Read more
IMF overhauls lending framework and create new Flexible Credit Line (FCL)...Read more
RBI asks banks to make higher provisions for non performing assets (NPAs)...Read more
Reserve Bank of India, completes 75 Years, celebrates the year 2009-10 as its Platinum Jubilee Year.... click here
RBI cut repo rates by 50bps on 4th march'09 to encourage banks to lower interest rates.... click here
The Reserve Bank on January 26, 2009 released the document “Macroeconomic and Monetary Developments Third Quarter Review 2008-09” to serve as a backdrop to the Third Quarter Review of Monetary Policy 2008-09.... 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
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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.
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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
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
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
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Banknet's "Fifth Annual Edition of CTO-CXO Summit" was organized on 5th June 2009 at Hyatt Regency, Mumbai. In its fifth year, CTO-CXO summit brought together on one platform more than 150 participants from around 50 organizations. Summit was addressed by 23 C-Level Speakers from major Banks and IT Companies... 
