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anonymous

India Not in Favor to Tax Banks to Create Bailout Fund - 0 views

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    India has cleared on Friday that it does not favor taxing banks to create a corpus for future bailouts and stressed the importance of well-placed regulations to detect and contain any deviation in financial institutions' functioning.
anonymous

Canada in Quest of Support Against Global Bank Tax - 0 views

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    Before G8 and G20 summits in Toronto next month can discuss a proposed global bank tax, Canada, whose banks stood out during the economic meltdown, has mounted an international effort to scuttle the idea. To get the US, India, China and other economies on their side and scuttle the idea, three Canadian ministers have reached Washington, Mumbai and Shanghai.
The Dollar Business

FIEO urges RBI to grant Iranian banks access to open branches in India - 0 views

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    Trade body FIEO has urged the nation's central bank to allow Iranian banks to open their branches in India, which would help in facilitating trade. Speaking to the media, FIEO Director General Ajay Sahai said
anonymous

SBI not to hike lending rates immediately - 0 views

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    The State Bank of India on Saturday said that it has no plans to hike lending rates immediately, and would wait for further signals from the Reserve Bank to arrive at any decision.
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india incorporated

India sets universal bank account record - 0 views

India has achieved universal banking coverage, ie, every Indian now has a bank account, thanks to the Pradhan Mantri Jan Dhan Yojana, which has opened 115 million new bank accounts over the past fi...

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TheSpuzz

WhatsApp Pay now reside with 4 leading banks in India - 0 views

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    WhatsApp Pay on Wednesday announced it is now reside with State Bank of India, HDFC Bank, ICICI Bank and Axis Bank for its up to 20 million customers in India.
anonymous

RBI Keeping Close Eye on Europe's Debt Crisis - 0 views

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    Reserve Bank of India Governor D. Subbarao said Thursday the European debt crisis is not expected to impact big on India, yet the central Indian bank is keeping a watch.
anonymous

RBI Asks Banks to Give More Loans to MSEs - 3 views

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    The Reserve Bank of India (RBI) has asked banks to increase the credit flow to micro and small firms (MSEs) and target a 20 percent year-on-year growth in MSE credit as sought by a task force appointed by Prime Minister Manmohan Singh.
anonymous

Exim Bank to facilitate technology imports for SMEs: report - 0 views

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    A recent media report has said that in a bid to enable the MSMEs (Micro, Small and Medium Enterprises) to import technology and equipment from USA, the Export Import (Exim) Bank of India has signed a Master Guarantee Agreement with the Exim Bank of USA.
anonymous

RBI to Hike Interest Rates in Coming Months Say Experts - 0 views

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    The Reserve Bank of India (RBI) is expected to continue increasing the repo and reverse repo rates in months to come, said a senior official of HDFC Bank.
anonymous

India to have world's 28% working population by 2020 - 0 views

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    Subir Gokarn, Deputy Governor, Reserve Bank of India, speaking on demographic projections said that India would have upper edge compared to any other nation in terms of working population in coming years.
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India Blockchain Technology Market (2018-2023) - 0 views

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    Bharat Book Bureau Provides the Trending Market Research Report on "India Blockchain Technology Market" under Media & Technology category. Blockchain technology is used to record Bitcoin transactions via a global network of computer. It is a continuously growing list of blocks (records) that are linked and secured using cryptography. Each new block created is connected to the previous block via a "cryptographic Hash". Blockchain technology is expected to see an increasing adoption among the Indian banks. Private and public companies are exploring blockchain to improve efficiency to ensure transparency. Request a free sample copy Blockchain Technology of Market Report @ https://www.bharatbook.com/MarketReports/Sample/Reports/1166454
anonymous

India spells 'easy' terms for $1 bn loan to Bangladesh - 0 views

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    Bangladesh says the terms set for the $1 billion loan offered by India during Prime Minister Sheikh Hasina's New Delhi visit in January are "as easy as those of the Asian Development Bank (ADB)".
anonymous

India will grow 8.7 percent in next two years: ADB - 0 views

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    India will grow 8.2 percent in 2010 and 8.7 percent in 2011 but rising inflation will bog the country's policy makers, the Asian Development Bank (ADB) said on Tuesday.
anonymous

RBI to Publish Report on Food Inflation - 0 views

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    The Reserve bank of India (RBI) will come out with a report on food inflation in a few weeks time, deputy governor of the central bank Subir Gokarn said on Monday.
The Dollar Business

Aditya Birla Group gets RBI nod to kick off payments bank - 0 views

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    Aditya Birla Group on Tuesday announced it has received the banking license from the Reserve Bank of India (RBI) to operate its join
anonymous

RBI to Present Annual Monetary Policy on Tuesday - 0 views

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    The Reserve Bank of India (RBI) will present the annual monetary policy for this fiscal in Mumbai tomorrow amid a classical dilemma faced by all central banks to keep the momentum of growth or to rein in inflation.
anonymous

India China Growth Helping Developing Nations: World Bank - 0 views

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    But for the rapid progress made by India and China, the pace of poverty reduction in developing countries would have been still slower after the global economic crisis, according to World Bank's lead economist.
anonymous

No plans to alter policy on foreign ownership in banks: Sharma - 0 views

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    Commerce and Industry Minister Anand Sharma Monday said the government has no plans to change its policy on foreign ownership in banks in India.
anonymous

Himachal Fails to Use World Bank Funds - 0 views

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    Himachal Pradesh, a storehouse of bio-diversity, has failed to utilise 86 percent of forest funds provided under a World Bank-aided project, the Comptroller and Auditor General of India (CAG) has said.
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