State Bank of Travancore Improves Mid-East Operations - 0 views
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anonymous on 27 Apr 10The State Bank of Travancore (SBT) will beef up its operations in the Middle East to shore up non-resident Indian (NRI) deposits.
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Dubai records pearl trade worth over USD 27 mn in 2009 - 3 views
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Pearls trade in Dubai has crossed the record USD 27 million mark last year, registering 30 percent increase in the import of the precious gem from several countries including India and Australia.
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Ethiopia becoming major centre for Indian investment - 2 views
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Ethiopia is becoming a major centre for Indian investment in Africa as companies seek new ventures in mining, textiles, leather, education and the hospitality industry in one of the world's most ancient nations.
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FIEO urges banks to ease charges to help exporters - 1 views
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The Federation of Indian Export Organizations on Monday urged the banks to cut down charges to bring down transaction costs for exporters and help them counter the sluggish global market demand and price sensitive markets.
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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.
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...
Lending rate hike to hit near-term growth: RBI - 4 views
shared by anonymous on 23 Mar 10
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The Reserve Bank of India late Monday admitted that the recent hike in its policy rates would affect growth in the near-term but maintained it would consolidate in the medium-term.
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Economy to Grow Faster; Exports Challenging: World Bank - 0 views
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Indian economy is expected to make huge strides in 2011 growing at a pace of 9 percent with South Asia poised to grow a little slower, but the shoots of recovery for the export sector of the whole region may not be strong enough, the World Bank has said.
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.
World Banks Grants $780 For Improving Mumbai Train System - 0 views
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The World Bank has approved $430 million to finance further improvement of Mumbai's suburban railway system, considered the lifeline of the megacity with a population of nearly 15 million.
RBI Wants Banks Fix Their Savings Rates - 0 views
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The Reserve Bank of India Friday said it wants the lenders to fix their individual rates for savings deposits, as part of the financial sector reforms.
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.
World Bank Aid to India to Reach $9.3 Billion By June - 0 views
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The World Bank said its total loan support to India, for development of small and long term projects, will reach $9.3 billion by the end of the bank's financial year in June.
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.
RBI Ready to Act on Rising Inflation - 0 views
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The Reserve Bank of Indian Thursday said that high inflation is a cause of worry for the central bank and it is willing to take policy actions as per the changing economic environment.
The Crypto Clash Of The DLT And Banking Industries - 0 views
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According to the latest developments, the Indian Supreme Court has given the EU administration the opportunity to decide on cryptocurrencies and their function
Finance Minister sticks to 7.2 pc growth in 2009-10 - 6 views
shared by anonymous on 23 Mar 10
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Finance Minister Pranab Mukherjee has said that the government was sticking to an estimated 7.2 percent growth rate for this fiscal (2009-10) and 8.5 percent for 2010-11.
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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.
EXIM India to Open Office in Ethiopia Next Month - 0 views
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In a bid to support Indian companies' growing investments in East Africa, the Export and Import (EXIM) Bank of India will open an office in Ethiopia next month, officials said.
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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