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Results 1 - 100 of about 20351 for fixed deposit rates,state bank of india.
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Banks hike foreign currency deposit rates - 18 Sep 2008
such as State Bank of India (SBI), Punjab National Bank (PNB) and HDFC bank have hiked the foreign currency deposit rates following Reserve Bank of India, India’s Central Bank that has eased the upper ceiling of foreign deposit rate by 0.50

SBI hikes PLR by 1%, deposit rates by 0.25-0.75% - 12 Aug 2008
India’s largest bank, the State Bank of India (SBI) on Monday has... to hike deposit rates on fixed deposits (FDs) ranging 0.25%-0.75% according to deposit terms. Releasing a statement, the PSUs bank icon has raised the PLR, which

Repo rate hike pushes up bank deposit and debt rate - 17 Jun 2008
Bank of India (UBI) on Monday announced to hike the domestic term deposit rates... announced to hike the deposit rates as well as PLRs both. It became the first bank to hike the deposit rates while in terms of hike in PLR, it was the second bank after

SBI revises deposit rates - 06 Aug 2007
deposits while hikes the rates in long-term deposits. State Bank of India has... Untitled Document Aug 06: State Bank of India has announced today... after the declaration of RBI on July 31 in which Reserve Bank of India has hiked

Deposit blankets, earn blessings at this unique bank - 12 Nov 2008
Lucknow, Nov 12 (IANS) Here comes a bank that allows you to earn blessings as interest on every deposit made. Set up by a non-profit organisation Tornos Foundation, the 'Blanket Bank' is an innovative effort to serve the needy during

EU ministers agree to increase bank deposit guarantees - 02 Dec 2008
to raise the minimum level of bank deposit guarantees for their citizens, from... the pay-out period in the event of a bank going bankrupt will be reduced, from three... to limit inter-bank exposures and to force banks to set aside a certain percentage

Syndicate Bank to cut deposit rate by 50 basis points - 05 Nov 2008
Kolkata, Nov 5 (IANS) Syndicate Bank will cut its deposit rate by 50 basis... our deposit rate by 50 basis points on one year deposit from Dec 1,' said bank...;The bank is also looking at a deposit and loan growth of 20 percent in the current

Coir Board joined hands with State Bank of India - 01 Jan 2008
Board with the cooperation of Banks. The State Bank of India (SBI) has expressed.... The Board will deposit the grant portion of Rs.2,00,000 with the Bank. By Juhan... was signed by M Kumararaja, Secretary on behalf of Coir Board, Government of India

PNB to slash BPLR, deposit rates by 100 bps - 27 Nov 2008
Prior to the announcement of Reserve Bank of India (RBI) on the current interest and deposit rates, the Punjab National Bank (PNB) Wednesday said to cut... balance in liquidity, it has slashed the deposit rates from 10.50% per annum

Banks to slash deposit, interest loan rates by 0.50-0.75% - 05 Nov 2008
Bank of India (SBI), Bank of Baroda (BoB), Central Bank of India (CBI) and UCO... informed that banks have also notified him to cut down the deposit rates by 50... P Chidambaram, who assured the bank chiefs to take some measurable steps

Fidelity launches its first Fixed Maturity Plan - 01 Jan 2008
Head - India, Fidelity International, said, "Fixed Maturity Plans provide...Mumbai, Aug 18 (ANI/Business Wire India): Asset Management Company, the Indian arm of Fidelity International, today announced the launch of its first Fixed

Accountant dupes bank of Rs.870,000 - 14 Jan 2009
Chandigarh, Jan 14 (IANS) An accountant of Union Bank of India has allegedly... not deposit the cash received from bank clients in their accounts and used to issue... of the bank in 2004, a police officer said Wednesday. A case of cheating

Fidelity announces NFO for its fixed maturity plan - 01 Jan 2008
Mumbai, Sept 1 (ANI/Business Wire India): Fidelity Asset Management Company... Fixed Maturity Plan, Series 1 - Plan B with a duration of 370 days from the date... equity funds and five fixed income funds.  FIL Fund Management Private

More banks follow State Bank, cut lending rates - 22 Dec 2008
New Delhi, Dec 22 (IANS) Three state-owned banks - Bank of India, Bank of Baroda and Canara Bank - took the cue from leader State Bank of India (SBI) to cut... top customers.  The three banks will also lower deposit rates from

Punjab National Bank, Bank of Baroda reduce lending rates - 29 Dec 2008
. The interest rates on fixed rate housing loans have been reduced up to 175 basis...New Delhi, Dec 29 (IANS) Punjab National Bank (PNB) Monday reduced its... percent from Jan 1. Bank of Baroda too reduced its BPLR by 75 basis points from

Sri Lankan private bank to be taken over - 29 Dec 2008
Colombo, Dec 29 (IANS) Sri Lanka's central bank Monday instructed the country's largest state-owned commercial bank to take over the administration... that Seylan Bank, which is considered a good deposit-base private bank, will be open

Family of Sep 13 blast's Kashmiri victim gets compensation - 30 Oct 2008
in the name of his mother, his widowed sister-in-law and fixed deposit for his... heirs.  "We have been given a cheque for Masrat and fixed deposit...; "We don't have bank accounts, they (officials) say that they will open

India's central bank extends scheme to fund mutual fund - 15 Oct 2008
Mumbai, Oct 15 (IANS) the Reserve Bank of India (RBI) Tuesday said the auction...;The central bank had Tuesday announced a special 14-day repo auction (repurchase... by the central bank a day later, allocations will be made on a pro-rata basis when

United Bank reduces lending rate by 50 bps - 06 Jan 2009
Kolkata, Jan 6 (IANS) The United Bank of India (UBI) has reduced its prime... the benefit of reduced rate of interest,' a bank statement said.  The deposit rates have also been realigned in line with the market in different maturity

Mukherjee to meet bank CEOs today - 03 Feb 2009
and deposit rates to some extent, but some banks have not cut them so far.  ... the public sector bank CEOs here today to evaluate third quarter performance... in the wake of the third quarterly review of monetary policy by the Reserve Bank

State Bank to launch 24-hour banking service in Lucknow - 26 Nov 2008
Lucknow, Nov 26 (IANS) India's largest lender, the public sector State Bank of India (SBI), will launch a 24-hour banking service here, a senior official said... that will be set up at the main SBI branch in Hazratganj,' the bank's chief

United Bank cuts BPLR by 50 basis points - 05 Nov 2008
Kolkata, Nov 5 (IANS) Kolkata-based United Bank of India Wednesday slashed its... official said. 'We are also planning to cut our deposit rates for one-, two..., executive director of the bank, said on the sidelines of a conference on 'Banking 2008

Allahabad Bank eyes 20 percent loan growth - 01 Jan 2008
Kolkata, Oct 3 (IANS) The city-based public sector Allahabad Bank is targeting a growth of 20 percent in its loan portfolio and 17 percent in deposit... loan growth and 17 percent deposit growth. The loan growth will be sourced from

Allahabad Bank eyes 20 percent loan growth - 06 Oct 2008
Kolkata, Oct 3 (IANS) The city-based public sector Allahabad Bank is targeting a growth of 20 percent in its loan portfolio and 17 percent in deposit... loan growth and 17 percent deposit growth. The loan growth will be sourced from

India's central bank moves to free another $200 bn - 14 Oct 2008
credit to the corporate sector, especially small firms, the Reserve Bank of India... for the needs of mutual funds. The central bank said it would conduct a special... in the cash reserve ratio, or the minimum cash banks have to retain against deposit

State Bank of Saurashtra and State Bank of India to merge - 01 Jan 2008
to the merger of the State Bank of Saurashtra with the State Bank of India to enable... Bank of Saurashtra by the State Bank of India, in terms of section 35(2) of the State Bank of India Act, 1955 ii) to introduce Bill (a) repealing

State Bank, most state-owned banks cut lending rates - 06 Nov 2008
, the State Bank of India (SBI), have cut their benchmark prime lending rate (PLR) by 75 basis points (bps). 'The State Bank of India has reduced the benchmark... that they too would cut rates after the central bank, the Reserve Bank of India (RBI

More state-owned banks reduce lending rates - 29 Dec 2008
by the country's largest commercial bank, the State Bank of India, which slashed its BPLR by 75... Bank and Bank of India which reduced their rates by similar margin Dec 22. ... state-owned banks announced Monday. Dena Bank will cut its BPLR by 75 basis

HDFC Bank cuts rate by 0.5 percent - 19 Dec 2008
; 'The recent cuts in policy rates by the Reserve Bank of India has created... its deposit rates by 50 bps across all maturities effective Dec 23, it said...New Delhi, Dec 19 (IANS) HDFC Bank Friday announced a reduction in its retail

Punjab warns banks against minimum deposit from farmers - 03 Nov 2008
their bank accounts, ministry spokesman said.   The Punjab government decided to pay bonus to the farmers directly into their bank accounts. For this, many farmers are required to open bank accounts.  Kairon strongly

RBI hikes CRR, Repo rate by 50 bps - 25 Jun 2008
In the continuous war against the inflation, the Reserve Bank of India (RBI... deposits, banks set aside as cash with the apex bank, by 50 basis points in both... blow would definitely hit the markets, banks and consumers as the interest rates

Brickwork Ratings assigns "BWR AA+" for Andhra Bank's upper tier II bonds issue of INR. 10 bn - 13 Jan 2009
of India ownership, quality of risk weighted assets, low cost deposit base, growth... months.  The bank's concentration in a single state as well as lower CASA...Bangalore, Jan 13 (ANI/Business Wire India): Brickwork Ratings has assigned BWR

World Bank to lend additional $3 bn to India - 18 Dec 2008
New Delhi, Dec 18 (IANS) The World Bank has agreed to help India with $3... Bank of India (SIDBI) to provide credit to small and medium enterprises... include the National Housing Bank and the recapitalisation of state banks

Help for Indian Non Banking Finance Companies - 09 Jan 2009
of Industrial Development Bank of India, would function as a Special Purpose Vehicle... would be purchased by Reserve Bank of India (RBI) and funds would be used by the SPV... for addressing the liquidity constraints of non-deposit taking systemically important

State Bank of India cuts interest rates by 75 basis points - 06 Nov 2008
is all set to fall as the State Bank of India (SBI), the country's largest bank... Tuesday on lowering interest rates after the Reserve Bank of India cut key rates... of India, the United Bank, Punjab National Bank, Bank of Baroda, Canara Bank

Reserve Bank of India keeps credit policy rates unchanged - 24 Oct 2008
New Delhi, Oct 24 (ANI): The Reserve Bank of India has kept its credit policy rate unchanged.  With the announcement of policy, the central bank has cut... cent. However, the bank reiterated that it is ready to enhance liquidity

India's liquidity situation comfortable: Reserve Bank - 14 Oct 2008
New Delhi, Oct 14 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao Tuesday said the liquidity situation was comfortable. 'The liquidity situation... in the repo rate or the rate at which the central bank lends to commercial banks

World Bank to lend $14 bn to India for infrastructure projects - 12 Dec 2008
New Delhi, Dec 12 (IANS) The World Bank will provide $14 billion to India over... will be under World Bank Group's new Country Strategy for India, it said in a statement.  'The World Bank Group is tailoring its assistance to India

Rs.200,000 looted from bank in Jharkhand - 16 Oct 2008
Ranchi, Oct 16 (IANS) Rs.200,000 was looted from a branch of Bank of India... barged into the bank situated in Galudih block of Seraikela-Kharsawan district Thursday morning, some 210 km from Ranchi.   The men locked the bank staff

World Bank predicts slowdown in India's GDP growth - 11 Jun 2008
Finance’ on June 10, the Bank stated, “GDP growth in India eased...The World Bank has predicted India’s gross domestic product (GDP... year 2008. The world’s apex bank has probed ‘India’s tight

India's central bank cuts key interest rate - 20 Oct 2008
Mumbai, Oct 20 (IANS) India's central bank Monday cut a key interest rate... to be uncertain and unsettled," the Reserve Bank of India (RBI) said, while... to be fully restored in the financial markets," the central bank said

Catholic Syrian Bank won't merge with any bank: Chairman - 20 Oct 2008
(ATM) network.   'We have applied to the Reserve Bank of India (RBI...Chennai, Oct 20 (IANS) The Kerala-based Catholic Syrian Bank Ltd will not merge with any other bank, said a top company official here Monday. 

MTV awards are fixed: Kanye West - 13 Nov 2008
London, Nov 13 (IANS) Rapper Kanye West says MTV awards are fixed. He was upset with the choice of winners at the shows in the US and Britain this year. Thesun.co.uk reports that Kanye also said he won the Ultimate Urban award

Rs.700,000 looted from Jharkhand bank - 25 Nov 2008
a branch of State Bank of India (SBI) in Jharkhand, police said. Police said four to five persons arrived on two bikes at the public sector bank around 11.30 a.m. They entered the bank and looted cash from the bank chest and mobile phones

Chanda Kochar next ICICI Bank chief executive - 19 Dec 2008
Mumbai, Dec 19 (IANS) ICICI Bank, India's largest private sector bank, Friday said joint managing director Chanda Kochar will succeed K.V. Kamath as the bank's managing director and chief executive. The appointment will come

Roberto Zagha World Bank's new country director for India - 23 Jan 2009
, Zagha's priorities will be to shape the bank's support to India in the context...New Delhi, Jan 23 (IANS) The World Bank has appointed Roberto Zagha as the new country director for India, it was announced Friday. 'Zagha arrived here

SBI cuts PLR by 0.75%; loan rates may dip - 07 Nov 2008
After the easing of monetary policy by the Reserve Bank of India (RBI) to make... liquidity, several banks including country’s largest lending bank, State Bank of India (SBI) have announced to cut their benchmark lending rates. The SBI

Highlights of growth stimulus unveiled by India's central bank - 06 Dec 2008
unveiled by Reserve Bank of India (RBI) Governor D. Subbarao here Saturday... billion/$1.4 billion) for Small Industries Development Bank of India  ...;- Credit lines remain clogged  - India's exports declined in October

World Bank offers loan to India for controlling AIDS - 06 Jul 2007
Untitled Document June 06: The World Bank yesterday offers India..., the number of HIV/AIDS cases in India is far less than the previous report... of UNAIDS showed it around 3.1 million. With this new number India stands behind

India to contribute wheat for SAARC food bank - 05 Nov 2008
New Delhi, Nov 5 (IANS) Despite banning wheat exports, India will contribute 153,000 tonnes of the grain to set up a food bank for tackling food crisis... that needs to be supplied to these countries. The food bank will have an initial

State Bank to raise Rs.180 bn by March 2010 - 16 Dec 2008
New Delhi, Dec 16 (IANS) India's largest state-owned bank, the State Bank... or by private placement or retail participation,' the State Bank of India said....  Reserve Bank of India (RBI), is the country's central bank.  

ICICI Bank shares tank on rumours - 01 Jan 2008
New Delhi, Oct 3 (IANS) Share prices of India's largest private bank, ICICI... declaring a few days back that the bank was safe, and which India's central regulator, the Reserve Bank of India, has also endorsed.  There have been

ICICI Bank shares tank on rumours - 06 Oct 2008
New Delhi, Oct 3 (IANS) Share prices of India's largest private bank, ICICI... declaring a few days back that the bank was safe, and which India's central regulator, the Reserve Bank of India, has also endorsed.  There have been

Highlights of measures announced by India's central bank - 01 Nov 2008
Mumbai, Nov 1 (IANS) Following are the highlights of the measures announced by the Reserve Bank of India (RBI) Saturday in a bid to reduce the cost... ratio to help mutual funds  - Central bank to continue sale

Kolkata bank collection agent robbed of Rs.2 mn - 21 Oct 2008
Kolkata, Oct 21 (IANS) A bank's collection agent was attacked and robbed of Rs.2 million just outside the bank premises here. But, the dog squad sniffed out.... The incident took place at the entrance of Canara Bank's Sealdah branch

India's central bank leaves key rates untouched - 24 Oct 2008
Mumbai, Oct 24 (IANS) The Reserve Bank of India (RBI) left key interest rates... a point of inflexion,' he added.  The central bank governor, who reviewed... the interest rates untouched, even as the cash reserve ratio, or the minimum

India's central bank cuts key lending rates - 06 Dec 2008
banks and help them reduce interest rates for the corporate sector, India's central bank Saturday cut two key interest rates but said a period of 'painful adjustment' was inevitable for the country's economy. Reserve Bank of India (RBI

Bank employee returns jewellery to customer - 30 Nov 2008
Kolkata, Nov 30 (IANS) Jewellery worth Rs.2 million was returned by a State Bank of India (SBI) employee to a customer who left it outside the locker... their lockers that day. All were called to the bank Saturday and asked to check

Oz bank to outsource 400 new jobs to India by year-end - 01 Jan 2008
Sydney, July 9 (ANI): The National Australia Bank (NAB) has reportedly decided to outsource nearly 400 new jobs to India by the year-end. On Monday the Bank commenced its second round of its IT outsourcing program - "ITO Wave Two

Ashok Chawla appointed to World Bank board - 23 Oct 2008
New Delhi, Oct 23 (IANS) Department of economic affairs secretary Ashok Chawla has been appointed India's alternate governor on the World Bank board. ... as governor of India's central bank, the Reserve Bank of India

SBI cuts PLR by 75 bps; interest rate to fall from Jan - 22 Dec 2008
of Reserve Bank of India (RBI)’s move to existing customers, the State Bank... rates on home and corporate loans along with deposit rates. According to latest... sector bank has also slashed the term deposit rate ranging from 25 bps to 100 bps

World Bank strategy for India can improve support for infrastructure and poor States - 13 Dec 2008
Washington, Dec.13 (ANI): The World Bank Group is preparing to help India...;The World Bank Group's new Country Strategy for India, discussed... Bank Acting Country Director for India.  He said the World Bank will also

All-women bank in rural Assam - 30 Dec 2008
a license obtained from Reserve Bank of India since 2000. The main aim...Jorhat (Assam),Dec.30 (ANI): The Konoklota Mahila urban co-operative bank Ltd..., the all-women set up here bank here is going all out to make rural women become

HDFC Bank opens first international branch in Bahrain - 23 Oct 2008
Dubai, Oct 23 (IANS) India's leading private bank, HDFC Bank, has opened its... between the Gulf nations and India, it was logical for HDFC Bank to start its... relations between India and Bahrain.   In India, the bank has a network

Wipro discloses vendor status with World Bank - 12 Jan 2009
Bangalore/New Jersey, Jan 12 (ANI/Business Wire India): Wipro Technologies... and the World Bank are disclosing that in June 2007 the World Bank determined Wipro to be ineligible to contest direct contracts from the World Bank for the period

UCO Bank may cut lending rates by 100 basis points - 16 Dec 2008
Kolkata, Dec 16 (IANS) State-owned UCO Bank may cut its benchmark prime lending... that meeting about lending and deposit rates. The revised rates will be effective... of Commerce.   The bank will also revise downwards 'substantially' its deposit

Kerala's annual plan fixed at Rs.80.6 billion - 17 Jan 2009
Thiruvananthapuram, Jan 17 (IANS) The Kerala government Saturday fixed the state's annual plan for the next fiscal at Rs.8,650 crore (Rs.80.65 billion). Chief Minister V.S. Achuthanandan, who chaired the meeting of the Kerala State

India to face tougher challenge in 2009-10: Subbarao - 27 Mar 2009
Reserve Bank of India governor Duvvuri Subbarao on Thursday in New Delhi... on Banks’ reluctance to cut interest and deposit rates despite making several...India will have to face tougher challenge in the next fiscal year (2009-10

Union Bank to finance small entrepreneurs - 16 Dec 2008
New Delhi, Dec 16 (IANS) Union Bank of India (UBI) Tuesday signed an agreement with the National Small Industries Corp (NSIC) for financing micro and small entrepreneurs. Under this arrangement, while NSIC would provide technical

IBM inks outsourcing deal with Rajasthan cooperative bank - 15 Dec 2008
agreement with Madhav Nagrik Sahakari Bank, a leading cooperative bank in Rajasthan, the company said Monday. As part of the deal, IBM India will host and manage the IT infrastructure of the bank and reduce its capital expenditure

Man depositing fake currency in Uttar Pradesh bank arrested - 12 Nov 2008
;'The cashier of Bank of India passed the information to the police after which... with Nepal.   In August, a Reserve Bank of India team had unearthed... Bank of India's Domariaganj branch in Siddharthnagar district. This followed

Reserve Bank to release new Rs.100 notes - 15 Oct 2008
New Delhi, Oct 15 (IANS) The central Reserve Bank of India (RBI) will soon.... In a statement, the central bank said that the new Rs.100 notes would have... in the denomination of Rs.100 issued by the Reserve Bank in the past will continue to be legal

Citi and Andhra Bank enter remittance services alliance - 01 Jan 2008
Mumbai, Sept 17 (ANI/Business Wire India): Citi's Global Transaction Services has been appointed by Andhra Bank in India to provide a range of white-labeled... a global remittances solution for a public sector bank in India and follows

DBS Bank appoints Rahul Johri as Head, consumer banking - 26 Nov 2008
. Prior to joining DBS Bank, Rahul worked with Barclays Bank, India and held the post... for Barclays Bank (GRCB), India and also developed the alternate channel strategy for the retail bank. He started his career with ANZ Grindlays bank, India

India demands much greater voice for developing nations in World Bank - 14 Oct 2008
Washington, Oct 14 (IANS) India has demanded 'substantial and effective... Bank Group, saying a proposal approved by global financial leaders failed to live... of International Monetary Fund (IMF) and the Word Bank 'on the important dimension

India?s Satyam Computers and China at the heart of World Bank cyber siege - 11 Oct 2008
reportedly been banned from doing any off-shore work with the World Bank after forensic experts and bank investigators discovered that spy software was covertly installed on workstations inside the bank's Washington headquarters, allegedly

Rate cuts to happen soon, predicts ICICI Bank chief - 18 Nov 2008
New Delhi, Nov 18 (IANS) ICICI Bank, India's largest private sector bank, believes interest rates would come down further. 'The interest rate is a subject... is there in the offing,' ICICI Bank managing director and chief executive officer K.V. Kamath

$500 mn World Bank loan for India's Power Grid Corporation - 22 Oct 2008
Washington, Oct 22 (IANS) The World Bank has approved a $400 million loan to the Power Grid Corporation of India, designed to increase reliable power exchange... utility. The loan, from the International Bank for Reconstruction

Satyam demands apology from World Bank - 25 Dec 2008
by the World Bank, India's fourth largest software services company Satyam Computer... inappropriate statements made by World Bank representatives reported recently in the press'.  Satyam urged the World Bank to withdraw the statements

World Bank exposes corruption in Indian Health Sector - 12 Jan 2008
The World Bank has unveiled the curtain over the fraud and corruption in health sector in India while reviewing five health projects on Friday. The World Bank chief Rober Zoellick said that he and Indian government would do every

India's central bank cuts key rates to spur economy - 02 Jan 2009
banks, the Reserve Bank of India (RBI) Friday cut the both the repurchase and reverse-repurchase rates by 100 basis points each, while reducing the cash reserve... for productive purposes at appropriate interest rates,' the central bank added.  

World Bank chief cites India, China to promote globalisation - 10 Oct 2008
Washington, Oct 10 (IANS) Citing the examples of India, China and Brazil, World Bank Group President Robert B. Zoellick has stressed the need for inclusive... China to Africa, from Brazil to India, and talked to younger people who feel

Kochhar named ICICI Bank chief executive - 19 Dec 2008
executive of ICICI Bank, India's largest in the private sector, here Friday. She will take over the reins May 1 from K.V. Kamath who replaces N. Vaghul as the bank's non-executive chairman. Kochhar, 46, a veteran with the bank and its joint

Strong economy to help India ride global financial crisis: World Bank - 24 Oct 2008
;In this context, the study mentions the swift action of the Reserve Bank of India...Washington, Oct 23 (IANS) India will be affected by the global financial... will possibly allow it to ride the crisis, a World Bank study says. In South Asia

Strong economy to help India ride global financial crisis: World Bank - 24 Oct 2008
;In this context, the study mentions the swift action of the Reserve Bank of India...Washington, Oct 24 (IANS) India will be affected by the global financial... will possibly allow it to ride the crisis, a World Bank study says. In South Asia

Indian banks not hit by meltdown: State Bank chief - 26 Nov 2008
pessimistic forecast at 7 percent-plus, the head of India's largest commercial bank, State Bank of India (SBI), has told a Brussels-based news portal. ... capital, forcing the central Reserve Bank of India to take several measures

Allahabad Bank profit dips 83 percent - 18 Oct 2008
previous quarter.  Cost of deposit of the bank also went up marginally to 6.73 percent from 6.67 percent.  The bank may report a drop in its...Kolkata, Oct 18 (IANS) Allahabad Bank's net profit dipped 83 percent

Bank of Baroda increasing focus on non-Indians abroad - 22 Oct 2008
Indians, who want to invest in India would prefer to deal with the Bank...Dubai, Oct 22 (IANS) Bank of Baroda (BoB), the Indian public sector bank... as it plans to open 10 overseas branches in 2008-09. The bank, which has 72

World Bank and GOI join hands to curb corruption in health sector - 15 Mar 2008
The World Bank and the Government of India (GOI) has agreed to take appropriate... plan. This was announced by World Bank on March 13 in its response... health sector. Following the review the bank has already started nine investigations

India's central bank says financial system well regulated - 11 Oct 2008
, Reserve Bank of India (RBI) Governor D. Subbarao has said overseas exposures... and anxiety in global financial markets,' added the central bank governor, who is representing India at the meeting as Finance Minister P. Chidambaram cancelled his

India's central bank cuts key rates, warns of 'painful adjustment' - 06 Dec 2008
Mumbai, Dec 6 (IANS) Reserve Bank of India (RBI) Governor Duvvuri Subbarao... steps from the central bank to help tide over the crisis, that has lowered India's... Industries Development Bank of India (Sidbi) worth Rs.7,000 crore (Rs.70 billion

RBI general manager joins CBI's bank security, fraud cell - 26 Dec 2008
New Delhi, Dec 26 (IANS) The general manager of the Reserve Bank of India (RBI) has joined the Central Bureau of Investigation's (CBI) Bank Security and Frauds... offences. 'General Manager of RBI J.L. Negi has joined the CBI in Bank Security

India Inc disappointed as central bank leaves key rates untouched - 24 Oct 2008
Mumbai, Oct 24 (IANS) Asserting that India's financial system was stable despite challenges from overseas, the Reserve Bank of India (RBI) Friday left interest....  The central bank governor said India's inflation projection

Chanda Kochar is ICICI Bank's new chief executive - 19 Dec 2008
;Kochar, a veteran with ICICI Bank - India's largest private sector bank - has...Mumbai, Dec 19 (IANS) ICICI Bank joint managing director Chanda Kochar was Friday named the bank's next chief executive. She will assume charge May 1 from K.V.

RBI waives inter-bank ATM transaction fee - 06 Dec 2007
Technology (IDRBT), a subsidiary of the Reserve Bank of India has decided..., Bank of Baroda, Punjab National Bank and many more but exclude State Bank...RBI waives inter-bank ATM transaction fee Dec 06: Giving a huge relief

ICICI Bank credit fundamentals sound: Standard & Poor's - 13 Oct 2008
by the finance ministry and the country's central bank, the Reserve Bank of India...&) Monday said the fundamentals of ICICI Bank continued to be sound even as the country's largest private bank reiterated that it faced no liquidity problem, had

ICICI, HDFC bank hike home loan rates by 0.75 percent - 01 Jan 2008
;India's largest private sector lender ICICI Bank has also hiked floating home loan... customers over the next three month period and fixed home loan rates will be unchanged... in lending rates from August 1 for old and new floating rate customers, who

Bank chief confident of turnaround in Indian economy - 17 Nov 2008
in the process of economic growth in India but it's not over,' the bank's...Kolkata, Nov 17 (IANS) India's largest foreign financial institution Standard Chartered Bank (SCB) Monday said the country would recover from the economic

India's central bank cuts key rates, infuses liquidity - 01 Nov 2008
and industry and infuse additional liquidity worth Rs.400 billion, India's central bank Saturday cut some key interest rates and reduced the minimum cash balance... to be robust,' the Reserve Bank of India (RBI) said in a statement.  'However

Highlights of monetary policy review by central bank - 24 Oct 2008
Mumbai, Oct 24 (IANS) Following are the highlights of the mid-term review of India's monetary policy conducted by Reserve Bank of India (RBI) Governor D. Subbarao Friday: - Bank rate, repo rate and reverse repo rate kept




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